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:
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 .MarketWatch (press release)

all 10 news articles »
..

DealerTrack to Deliver Breakthrough End-To-End Vehicle Inventory Management . - Sacramento Bee

DealerTrack to Deliver Breakthrough End-To-End Vehicle Inventory Management .
Sacramento Bee
. which will be on display at NADA (DealerTrack Booth #1751), is a comprehensive inventory management system that seamlessly combines live retail market data with rich historical data, including Carfax Vehicle History Reports, to appraise, price, .

and more »
..


Used Car Prices May Go up
Used Car Prices May Go up. Virginia military used cars, Virginia used cars for sale, Virginia trade used cars, Virginia sell used cars. For anyone who is considering looking into purchasing a new car in the next year or even the next few months, ...


New Car Dealers Rev Up for NADA Convention in Las Vegas - MarketWatch (press release)

New Car Dealers Rev Up for NADA Convention in Las Vegas
MarketWatch (press release)
NADA Used Car Guide Analyst to Discuss New and Used Vehicle Price Trends on Saturday, Feb. 4 Jonathan Banks, senior analyst with the NADA Used Car Guide, will discuss where transaction prices are headed this year for both new and used vehicles during a .

and more »
..


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)
all 29 news articles »
..


ESCORT Offers Enhanced Car Dealer Profit Opportunities at 2012 NADA Show with . - MarketWatch (press release)

ESCORT Offers Enhanced Car Dealer Profit Opportunities at 2012 NADA Show with .
MarketWatch (press release)
ESCORT is encouraging NADA show attendees and car dealers to see the new SmartSite(TM) RearView Camera System, QuickStart(TM) Remote Start, the new SmartRadar(TM) detector and ESCORT's full line of premium automotive accessories at the ESCORT NADA Show .

and more »
..


ZAG - Zag Sales Strategy, Now Known as TrueCar, Inc., Receives DrivingSales . - MarketWatch (press release)

ZAG - Zag Sales Strategy, Now Known as TrueCar, Inc., Receives DrivingSales .
MarketWatch (press release)
Full broadcast coverage of the DrivingSales Dealer Satisfaction Awards ceremony will be available at www.drivingsalestv.com following NADA. TrueCar, Inc. is an automotive solutions provider focused on changing how cars are sold by providing a .

and more »
..


Online Dealers Claim Fundamental Rights
BURLINGAME, Calif., Feb. 2, 2012 /PRNewswire/ -- By presenting the first of its kind Online Dealers' Bill of Rights, CarWoo! endorses dealers' rights online. This Bill of Rights targets the issues that ...


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...


What book value is used by dealers as the authority on car values? - Chicago Tribune

What book value is used by dealers as the authority on car values?
Chicago Tribune
But there also is the Black Book, a price and data service available to dealers and others in the auto industry, and NADA Guides, an affiliate of the National Automobile Dealers Association. In addition, dealers may have access to used-car values .

..


Mercury Used Car Prices in Hialeah
. the only thing left to accomplish is to go to those vehicle listing site, quest through their collection, check out the vehicle fees they need there as well as compare the car prices they have by having the ones in other web sites...


New fuel rules will make cars unaffordable - Autos.ca

New fuel rules will make cars unaffordable
Autos.ca
NADA director Forrest McConnell, a Honda and Acura dealer in Montgomery, Alabama, said that proposed fuel economy rules by the Environmental Protection Agency (EPA) will create a US$3200 increase in vehicle prices over those in 2010, and will limit the .
Expensive Fuel Economy Proposal Will Price More Than 7 Million Consumers Out .PR Newswire (press release)

all 2 news articles »
..



Government Car Auctions


Technorati Tags: , ,