Quote:
Originally Posted by Frank_NJ
Few things come into play. Need a large dealer with large allocations which are out there.
You take MSRP and multiply by 5% gives you the dealer hold back. For example you will get a car with a MSRP of $65,000 has an additional $3,250 of hold back.
How to get below invoice
MSRP $65,000
Invoice $59,735
Hold back $3,250
True cost to dealer before training fee and such $56,485
There is training fee $180.00 to add back for total dead cost $56,665
So at 10% off the dealer still makes $2,015 on the car.
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Thanks for the good info, Frank
where do you get exact invoicing prices from?