What Used Car Price Is Right?
NADA reports that used car prices continue to rise, so what price should the consumer expect to receive for their trade? Is Blackbook, KBB or Autotraders (MMR) pricing ok?
The answer is simple, since you have to pay more for your new preowned or new car, they should pay you more. The line up of cars going to auction is still very slow and the wholesale price is going up, so hold out for top dollar, at least for the time being.
The answer is simple, since you have to pay more for your new preowned or new car, they should pay you more. The line up of cars going to auction is still very slow and the wholesale price is going up, so hold out for top dollar, at least for the time being.
Posted by Dr. eCommerce at 10/2/2009 12:32 PM 
Categories: used cars
Tags: used car new car trade value
Categories: used cars
Tags: used car new car trade value
If you really want to make a difference in the bottom line at your dealership, focus on the "BASICS"! Pre-owned opportunities and how you "BRAND" your merchandise is key. More pictures and custom comments that provide features and benefits to purchasing your pre-owned auto is basic to driving Internet leads to your website. Yes,hold on the price! Rick
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Rick you are right on target, not only will you hold more gross but your roi will increase on all your posted inventory.
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