Understanding Wholesale Car Prices

Wholesale car prices are the prices at which dealerships acquire their vehicles. This is similar, although not the same as the invoice price. The invoice price is the price the dealer pays which includes delivery freight charges but may not be the final price because of discounts, rebates or other savings that are applied. Normally, wholesale car prices are for dealers only. They buy the cars at wholesale, then mark them up to retail. The difference between wholesale and retail price,minus overhead, is the profit of the dealership when the car is sold. Because there is a markup, many dealers can be talked down to a certain point when it comes to price.

Now, usually consumers don't get cars at wholesale. However, it is possible. You just need to know where and how to shop. One of the best places to look when searching for discount automobiles is auctions. There are many different kinds of auctions where you can find great prices on cars. There are car auctions, where dealers go to buy cars for their dealerships. These auto auctions are not reserved for dealers only, as the public can also attend. There are also FBI auctions, foreclosure auctions, bankruptcy auctions and other auctions where you can get big discounts on cars.

Then there are online auctions at sites like Ebay Motors. Ebay Motors is a division of Ebay which specializes in selling automobiles of all kinds as well as accessories and parts. You can often find great prices on Ebay, and automobiles are no exception. The key is to only deal with sellers who are trustworthy. You can easily check a seller's feedback rating on Ebay to make sure they have a history of positive feedback. When shopping online for a car, always make sure you understand the terms of the sale and any freight fees which apply.

Sometimes, you can pay to have the car delivered to you or you can go pick it up. It all depends on the auction and the seller. All in all, auctions are perhaps the very best way to get wholesale car prices on a wide array of new and used automobiles of all kinds. It may seem overwhelming or intimidating to shop at auctions in the beginning, but after you attend a few you will become more confident and learn how to acquire the very best deals on new and used cars just like the pros do.


Government Car Auctions
Insurance News:
NADA: High Trade-in Values Expected to Boost New-car Sales in 2012 - MarketWatch (press release)

NADA: High Trade-in Values Expected to Boost New-car Sales in 2012
MarketWatch (press release)
Another factor working in favor of car buyers this year is higher-than-average trade-in values, says Jonathan Banks, executive auto analyst with the NADA Used Car Guide. "The average trade-in value of a 3-year-old used car is 8 percent higher in .

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California bill takes aim at Buy Here Pay Here used-car dealers - Los Angeles Times

Los Angeles Times
California bill takes aim at Buy Here Pay Here used-car dealers
Los Angeles Times
Dealers "can still charge $6000 for a $3000 car, but they have to disclose it." Wieckowski's proposal would require dealers to use a third-party valuation source, such as Kelley Blue Book or the NADA Guide, to determine a market value for each car .

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Dealership Newsmaker Q&A: William Underriner - Search-Autoparts.com

Search-Autoparts.com
Dealership Newsmaker Q&A: William Underriner
Search-Autoparts.com
Paul Taylor, NADA chief economist, is forecasting US sales of more than 13.9 million new cars and light trucks this year. (In 2011, about 12.8 million new vehicles were sold.) Looking ahead at 2012, interest rates are at historically low levels, .
Expensive Fuel Economy Proposal Will Price More Than 7 Million Consumers Out .PR Newswire (press release)

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Would You Buy a New Saab 9-3 or 9-5 for Half Price? - Carscoop (blog)

Carscoop (blog)
Would You Buy a New Saab 9-3 or 9-5 for Half Price?
Carscoop (blog)
The car cost as much as a Kia Rio and has deprecated just as much in those 3 years. It's not like I would expect to keep a new 9-5 or 9-3 after those 3 years or get back what I "invested". At half sticker price and with the predicted nosedive in value, .

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NADA: Top 3 Factors Why New Car Sales Will Increase in 2012 - MarketWatch (press release)

NADA: Top 3 Factors Why New Car Sales Will Increase in 2012
MarketWatch (press release)
And higher prices on used vehicles mean higher trade-in prices when shopping for a new car or truck." The NADA StoryThe NADA story began in 1917 when 30 auto dealers traveled to the nation's capital to convince Congress not to impose a luxury tax on .

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How to Handle Car Dealers
Most people have a love-hate relationship with car shopping. You love getting new wheels, but you hate that nagging feeling that you may be playing a game you can't win. And despite industry..


NADA Used Car Guide, AuctionNet Partnership Extended Four Years - Auto Remarketing

NADA Used Car Guide, AuctionNet Partnership Extended Four Years
Auto Remarketing
EURWe're proud to provide data from so many auctions, including Manheim and ADESA, in making this partnership a success,EUR Nichols noted. EURWe value the long-term relationship between NAAA and NADA and would like to see it continue for another 20 years.EUR

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NAAA and NADA Extend AuctionNet Partnership Through 2016 - MarketWatch (press release)

NAAA and NADA Extend AuctionNet Partnership Through 2016
MarketWatch (press release)
19, 2012 /PRNewswire via COMTEX/ -- 20-year partnership continues to provide industry with leading source of auction transaction prices The National Automobile Dealers Association (NADA) Used Car Guide and the National Auto Auction Association (NAAA) .

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Auction Genius Enhances Service With Carfax - Sacramento Bee

Auction Genius Enhances Service With Carfax
Sacramento Bee
Buyers now have the information they need all on one screen to buy the right cars at the right price. "Auction Genius puts the Carfax Report right there in front of me for every vehicle that rolls across the auction block," said Tim Gaylord, .

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Proposed Fuel Economy Rules Would Add - Inside Line

Carscoop (blog)
Proposed Fuel Economy Rules Would Add
Inside Line
NADA said it will release a study next month that will show that car prices "may increase by as much as 60 percent" if the higher fuel-economy standards are put into place. The group said it is concerned that some shoppers would be shut out of the car .
Proposed Fuel Economy Rules Underestimate Rising Vehicle Cost, NADA SaysMarketWatch (press release)
New CAFE proposal would add $5000 to sticker price, dealer group saysAutoWeek
Car Dealers Oppose New Fuel Economy StandardsWall Street Journal (blog)
PR Newswire (press release) -Carscoop (blog)
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Prices for pre-owned vehicles at all-time highs
According to the used-car valuation experts at Kelley Blue Book, the average value of a one- to three-year-old used vehicle jumped from $15,000 in 2008 to more than $23,000 in 2011, which amounts to an average increase of nearly 16 percent per year. This is causing an affordability problem among cash-strapped buyers who don't otherwise have the funds for a new car, which on average costs nearly ...


California bill takes aim at Buy Here Pay Here used-car dealers
Legislation introduced by Assemblyman Bob Wieckowski aims to protect buyers from being overcharged at used-car lots by requiring dealerships to post the fair market value on each vehicle they sell. New legislation in Sacramento aims to protect car buyers from being overcharged at used-car lots by requiring the dealerships to post the fair market value on each vehicle they sell...


RedBumper Introduces Consumer SmartApp; Enables Auto Dealers to Buy Inventory . - DigitalJournal.com (press release)

RedBumper Introduces Consumer SmartApp; Enables Auto Dealers to Buy Inventory .
DigitalJournal.com (press release)
Second, it gives the customer a used car EURPrice ShopperEUR. A customer simply scans a vehicle he's interested in and the App will display all the similar local listings allowing the customer to see the best price in the market. The app issues a price .

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Government Car Auctions


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