what do car dealers do with left over new cars?
This is what I mean. The 2010 model cars are already out and there are a lot of 2009 model cars still on the lot. What will happen with these left over cars?
Public Comments
- they will keep dropping the price until they sell them
- They will be sold as new cars to whoever wants them. The dealer will drop the price as much as possible. There will be factory rebates and incentives on the 09s too. Eventually, they will find a buyer.
- As the new inventory gets older the factories continually enhance the dealer and customer incentives until they sell. Sometimes the dealer will buy the car and collect all the incentives, title the car to themselves, and then sell it as used. Last April I bought a 2008 model from the dealer with only 30 miles on it. But it was used, technically. The dealer had cashed in on the incentives. The only difference to me, the buyer, is that I lost 3 months of the original warranty. Other times large volume dealers usually in urban markets will buy the cars from the smaller dealers and resell them still as new.
- at some time, some place,some price they eventually sell the cars but never for less than they paid,all things considered,once purchased from the manufacturer, the end of the song .they don't take them back even if you mistakenly ordered a blue car with a green interior(worked for a dealer that did that)
- The dealer will try and sell the car and lower the price, otherwise he'll have no room to stock the newer cars. And most of the time, the old cars are not that far expensive from the newer models. I mean if you were to go and buy a 2009 chevy tahoe, the 2010 model might only be 10k to 15k more expensive. So you might as well just buy the newer model. This is the same with used cars. Alot of times the used are almost the same price as the new cars.
- They put them on sale in order to move them off the lot.
- They are covered in cling wrap, then put into the fridge... to be re-warmed later. Doesn't taste "as good" as fresh, but still OK nonetheless.
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