What exactly do dealerships do with trade-ins? : r/askcarsales
: Franchise dealers buy new cars directly from the automaker at an "invoice price," which is typically lower than the MSRP (Sticker Price) . buy and sell car dealerships
Once acquired, cars are sold through different paths depending on their condition: What exactly do dealerships do with trade-ins
: Dealers offer to buy old cars from customers purchasing new ones. These offers are usually based on auction data and local demand . buy and sell car dealerships
: This is where most used cars are sourced. Dealers attend "dealer-only" auctions to bid on fleet vehicles or cars traded in at other lots that don't fit their specific inventory needs. How Dealerships Sell Cars
Dealerships acquire inventory through three primary channels: