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how much of a markup do used car dealerships place on their cars on average?

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YOUR RESEARCHhow much of a markup do used car dealerships place on their cars on average?

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Use car dealerships make

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Suggestion · Original poster

Just outta curiosity if anyone knows, whats the average percentage of profit that used car dealerships make on vehicles?

how much of a markup do used car dealerships place on their cars on average?
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Leading evidence: 'Use car dealerships make' (no explicit attributable resolution; this is a reported action or suggestion). Across 1 matching discussions, The most frequently discussed action is 'Use car dealerships make' (1 discussions). For that action, 0 discussions report a resolution and 0 report an unsuccessful attempt. No action has an explicit, attributable resolution report under the current rules. These are forum reports and suggestions, not a confirmed diagnosis.

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Use car dealerships make

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Suggestion · Original poster

Just outta curiosity if anyone knows, whats the average percentage of profit that used car dealerships make on vehicles?

how much of a markup do used car dealerships place on their cars on average?
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POST 1 / ORIGINAL POSTEROriginal post

Just outta curiosity if anyone knows, whats the average percentage of profit that used car dealerships make on vehicles? Is it more than 20 percent? Am I insulting a pcar dealership when I offer them less than 30k on a 35k car? I know 5 thousand dollars seems alot but it really isnt when you think about it. I bought my first car for 14.5k when it had a 18k sticker. thanks a mil.

POST 2Original post

As much as the market will bear, and it usually doesn't bear 20 percent. Whether your offer is below what it cost or not is irrelevant, the main question is if they are willing to sell you the car at the price you offer. Many times that answer is no, no matter how much they have built into the car, because they believe they can sell it for more. Sometimes the answer is yes even if they'll lose money, because the car has been sitting for a long time. Make an offer, don't be worried about insulting them, trust me they've heard it all before.

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