Ask a car dealer anything?
Sure... I bet you won't want the one I can sell you for that though.
Would you like an extended warranty? It's an excellent investment on a premium vehicle like the NSX.
Of course I am looking for business... as part of that I am trying to write this article. Think with a username like "nicksellshondas" I am trying to hide my motivations? I want an interesting article to drive more traffic to my blog so I'll sell more cars. Fair enough?
Would you like an extended warranty? It's an excellent investment on a premium vehicle like the NSX.
Of course I am looking for business... as part of that I am trying to write this article. Think with a username like "nicksellshondas" I am trying to hide my motivations? I want an interesting article to drive more traffic to my blog so I'll sell more cars. Fair enough?
Nope. I thought you guys might have some interesting questions. I definitely wasn't planning on selling cars to anyone here.
Thrift stores probably. I'm not a used car salesman so I couldn't tell you for sure.
Thrift stores probably. I'm not a used car salesman so I couldn't tell you for sure.
As far as the salesman is concerned, it doesn't matter. Salesmen are usually paid on "front end" gross, which is basically selling price - invoice + incentives. All finance products are considered "back end" gross, and that's what the F&I managers are paid on.
Many people assume the dealer only makes money on financing or leasing if they "bump" the interest rate (that is, charge the customer a higher rate than the current "buy" rate). That's not the case. Even on subsidized loans or buy rates, there is a profit for the dealer.
One thing that is definitely NOT the best for the dealer, is paying cash. It boggles my mind when people come in and ask if they get a discount for paying cash. No, you don't. We're already making less money on you, that would be stupid.
Last edited by nicksellshondas; Oct 19, 2008 at 05:17 PM.


