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Old 02-14-2009, 04:49 PM   #13
t3chfr3ak
 
Drives: mazda 6
Join Date: Jan 2009
Location: in an igloo in Canada
Posts: 223
Quote:
Originally Posted by stovt001 View Post
Yes, dealers do make little to no money off of new car sales. It varies from transaction to transaction of course, but many are indeed sold at a loss. Dealers make most of their money on the parts, service, and F&I side of things, just like movie theaters make little profit off of ticket sales but make it up at the snack bar.

Direct sales from the manufacturer then actually could work if the dealership collects a delivery fee and still has parts and service facilities.
They also make alot of their money on used sales. The Kelly blue book is such a crock of s**t ! I brought my car in for a trade and they were offering to give me %60 of what it was worth on the street. They would then sell it at market price.
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