How much do second-hand car deakers make?, Offered price vs posted price
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 Oct 17 2019, 09:26 AM
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#1
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Senior Member
4,554 posts Joined: Feb 2010 
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earning 22k is unlikely (not impossible , but highly unlikely..) because nowadays there are so many competitor of second hand car seller....anyone can b one with mudah.my...MAYBE back in the days, it is possible to earn more as the market is limited... nowadays, so many models, the price of used car drop fast too...
unless the car is super rare.... 5-8k is more likely figure...and add a bit from the processing fees...still a handsome figure...  then again, they also need to feed the salesman (or sales women too..)...so yea, its quite a competitive industry... a lot of them get the car from auction, which is comparatively cheaper than from individual...cos private individual can sell it themselves thru online means... |
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Oct 17 2019, 10:22 AM
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#2
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QUOTE(budang @ Oct 17 2019, 09:38 AM) Suggest you to get your car valued at few other carsome's competitor, eg MUV, carlist bid, mytukar and tell them what others offered and see if they can jack it up. They will want to do your business so it's very likely they will add at least 500 - 1,000 to the sum offered by previous competitor. What I did was, I did an analysis on my car's market price online and went straight to carsome. Since I already have a price in my mind, once they offered me 16k for my 2011 myvi, I immediately tell them 'eh your competitor offered me 19k leh', then they adjust adjust and offered me 18.8k and I took it haha.   Well, i'm doing some part time car sale biz too....if anyone were to tell me that, "eh, ur competitor offered be bla bla bla....", i'll politely point them to the competitor tat offered tat price.. nothing personal, juz biz...i guess u must;'ve met with a polite( and desperate) buyer.  |
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Oct 17 2019, 09:52 PM
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#3
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QUOTE(rooney723 @ Oct 17 2019, 05:28 PM) per car min 10k profit not include processing fees all those and u got this figure from?.. if include then 13-15k and this is for hot cars like myvi, vios, city etc if cold door cars, min 20k profit not include fees recon car lagi untung, 30-50k++ per car so yes very untung bisnes  |
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Oct 18 2019, 09:32 AM
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#4
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QUOTE(rooney723 @ Oct 17 2019, 10:08 PM) few years bck when i sold my vios, the dealer only offered 35k max, then after that i saw the same model same year selling for 45k++ good information there... then one of my fren bought a first gen myvi for 22k, he found the original owner contact and then he asked the ori owner how much he sold his car to the dealer, he said 12k the selling price haven include those 'hidden fees' yet and for recond cars, those cars they got it very cheap oni frm japan n other countries, lets say a toyota estima la, they get frm japan for 80-90k, then add AP price 50k, add few k for restoration, and sell it for 180k-200k  Hence, a lot of us are doing it part time...get auctioned vehicle from Ngchanmau.com , then refurbished it and wait for buyer.. very inspiring conversation this thread. |
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