Gen 2 raptor depreciation.
#12
Again, wrong.
My source.... myself as a Texas licensed used car dealer. Lol. Below are what you are seeing are sold at auction.
https://flic.kr/p/2aojFpm
https://flic.kr/p/2a6oqAD
ok so the auction prices you posted are sold auction prices ? If so those numbers fall right in line with what I have been saying. Even though those numbers are $ 56,000.00 to $ 61,000.00, those prices are not without markups for the person selling the raptor. What I am saying is the person who originally owned the raptor did not get these prices via trade with a car dealer. And I mean a legitimate car dealer, not a used wannabe car dealer.
#13
Brodozin' through life
iTrader: (3)
typical wannabe. Everybody who acquires a “ used car dealer license” is just that a wannabe car dealer.
ok so the auction prices you posted are sold auction prices ? If so those numbers fall right in line with what I have been saying. Even though those numbers are $ 56,000.00 to $ 61,000.00, those prices are not without markups for the person selling the raptor. What I am saying is the person who originally owned the raptor did not get these prices via trade with a car dealer. And I mean a legitimate car dealer, not a used wannabe car dealer.
i was just like you before I actually started my business. Immediately assumed there was a crapload of markup in used cars, raptors or not. There is very very little money in used car sales, which is why big dealers push insane volume.
also, getting your dealers license is far from easy, so there is a difference between flipping crap boxes on Craigslist and running a legitimate business. Try again. Until you’ve done it, your arguement holds almost no water.
#14
i was just like you before I actually started my business. Immediately assumed there was a crapload of markup in used cars, raptors or not. There is very very little money in used car sales, which is why big dealers push insane volume.
also, getting your dealers license is far from easy, so there is a difference between flipping crap boxes on Craigslist and running a legitimate business. Try again. Until you’ve done it, your arguement holds almost no water.
i respectfully disagree.
#15
Brodozin' through life
iTrader: (3)
However, you’re salty about your raptors “depreciation”. I get it, with an 84 month loan it’s pretty easy to be upside down.
#16
by definition I am a legitimate car dealer... not sure what the hell youre talking about.I make a good living doing it as a hobby as it isn’t my main source of income... but I’m sure your friends are right. Actual experience in the industry and not relying on heresay is a pretty large discrediting factor isn’t it? Lol. I don’t run some buy here pay here lot...
However, you’re salty about your raptors “depreciation”. I get it, with an 84 month loan it’s pretty easy to be upside down.
#17
Brodozin' through life
iTrader: (3)
I won’t prove my merit to you, because I don’t care. I am not trying to beat anyone, rather educate you on how there isn’t 10% margin on these things, the market is far too competitive. I was extremely ignorant in the car buying/selling market until I started doing it legitimately and understanding why dealers weren’t budging much on the sale prices of used cars...
#18
Senior Member
Not sure about the margins down in the states, but up here in rural dealership Canada there is about a 7% margin on used vehicles.......I am an accountant.....seen the year end books....I know they are true numbers lol
#19
they are easily 10 % plus.
Go trade a vehicle in with a car dealer and then see what he puts it on his lot for in relation to what he allowed you for the trade.