Monday, February 8, 2010

How Much Pay Car Auction How Much Below Asking Price (%) Do Car Dealers Pay When They Buy An Off-lease Vehicle At Auction?

How much below asking price (%) do car dealers pay when they buy an off-lease vehicle at auction? - how much pay car auction

I think especially of late model ('05) of Chrysler products.
Not able to sell less than 5% of the sale is not it?

1 comment:

vwhobo said...

Have you read them ask your own question before I submit one? If a car (or ever) is purchased at an auction, the buyer does not pay the highest price offers a fixed price, so ... There is no way in advance to determine what is paid by the buyer.

However, any trader who pays 95% of the selling price of a car will be go bankrupt in a few minutes. We usually get about double what they paid at auction for a car.

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