Quote:
Originally Posted by nucks2011
I've decided against leasing ($7500 interest over $30,000 depreciation, almost 25%)... Does anyone know when incentives usually roll around? Dealers claim they only have a profit margin of 8% but I find it hard to believe they would disclose their true margin. With that being said, do you think 8% off MSRP is reasonable at the end of the year?
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8% sounds about right. Dealers don't actually have much mark-up on new cars. That's why they charge you so many fees (finance fee, documentation fee) to make up for that.
They usually have more room to negotiate for pre-owned cars. At least that's what I was told.