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Gen 2 raptor depreciation.

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Old 09-27-2018, 09:49 AM
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Originally Posted by ME120


i don’t think so. I know for a fact I am not “ far off” the margins used. Some dealers use more and some less, but that is a very good average.
Again, wrong.


My source.... myself as a Texas licensed used car dealer. Lol. Below are what you are seeing are sold at auction.

Old 09-27-2018, 10:00 AM
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Originally Posted by AricsFX


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
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.
Old 09-27-2018, 10:52 AM
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Originally Posted by ME120


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.
Old 09-27-2018, 11:03 AM
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Originally Posted by AricsFX



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.
typical reply from a used car dealer. There is no money in used cars ? LOL. Not buying it. I have two good friends who are in the car business, actually legitimate car dealers, used car profits are not that bad.

i respectfully disagree.
Old 09-27-2018, 01:24 PM
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Originally Posted by ME120


typical reply from a used car dealer. There is no money in used cars ? LOL. Not buying it. I have two good friends who are in the car business, actually legitimate car dealers, used car profits are not that bad.

i respectfully disagree.
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.
Old 09-27-2018, 01:39 PM
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Originally Posted by AricsFX


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.
i hate to break the news to you Johnny “ used car salesmen “ but I have the title to the raptor in my gun safe. Paid cash. Free and clear. I don’t let “ used” car salesmen beat me. Unfortunately used car salesmen are like congressmen and senators, maggots in the swamp.
Old 09-27-2018, 02:31 PM
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Originally Posted by ME120


i hate to break the news to you Johnny “ used car salesmen “ but I have the title to the raptor in my gun safe. Paid cash. Free and clear. I don’t let “ used” car salesmen beat me. Unfortunately used car salesmen are like congressmen and senators, maggots in the swamp.
luckily I do it as a hobby and don’t swim through the swap to make a living. I am not a “used car salesman” lol. I get it, you’re salty, but blaming the facts with the auction data to prove it on me being a scummy car salesman isn’t going to make you less in the hole, just makes you look bad.


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...
Old 09-27-2018, 07:01 PM
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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
Old 09-27-2018, 07:09 PM
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Originally Posted by Ryan_2020
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
7 % is a absolute minimum in the states.

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.
Old 09-27-2018, 09:45 PM
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Originally Posted by ME120


7 % is a absolute minimum in the states.

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.

I just traded my Tacoma in, they listed it for $500 more than they gave me lol


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