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 How much do second-hand car deakers make?, Offered price vs posted price

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rooney723
post Oct 17 2019, 05:28 PM

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per car min 10k profit not include processing fees all those

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
rooney723
post Oct 17 2019, 10:08 PM

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QUOTE(fastreader @ Oct 17 2019, 09:52 PM)
and u got this figure from?..  hmm.gif  hmm.gif
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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++

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


rooney723
post Oct 18 2019, 12:01 AM

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QUOTE(DM52 @ Oct 17 2019, 11:10 PM)
That myvi..how long the buy and sell gap between owner and ur friends purchase. If less than a year then consider 2nd hand dealer really lucky la. Nowadays 2nd hand dealer profit is shrinking compared than b4.

U looks like they make a profit. But remember not everytime they make a strike. And even if they manage to sell high profit. They need to leverage the car that not laku. Sometimes they sell 3 cars, but 7 cars collecting dust.

I know liao cos my friends works in 2nd hand dealer b4. They make money from small cars such as axia, bezza, city, vios and etc. Big car such as accord, camry, teana really headache for them to sell. If interested buyer come, indeed can nego kaw2 because every year easily drop 10k depreciation.

But small car cannot. They jual mahal cannot nego a bit since many people find it.
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i think few months the gap, and yes most dealers make money frm hot cars like myvi vios all those, these cars u bring to them in any condition also they will take, for cold door cars like the ones u mentioned n conti cars those depreciate very fast, but they untung alot frm each car also

and dealers make most money not from selling the car at a 'cheaper' price than others, but they make most money frm buying it very cheap frm us, they will try their best to push down the price of the car when u sell to them and hope u agree wif that super low price n finally they will earn more if get the car cheap, most ppl are desperate to sell so most of the time will agree to sell it very cheap to them

i still rmb the dealer tried to cut 1k value off my vios and say cos need to 'change new tyres' and my tyres almost wearing out ledi, i was thinking wtf u cut 1k u really will change the tyres meh? and vios tyres dont cost 1k so exp

they do hav many cars in the backlog but dont forget their margin is very high too, so even if they give 'huge discounts' for their older stocks, they still earn few k at least, and for the hot models selling very well, the 3 cars they sold is enuf to cover everything and give them some nice profits, and they can take their time to sell off the other 7 cold door cars

and each cold door cars margin is 30k, each year lose 10k value, nex year still can earn 20k frm the car, still cnt sell then nex nex year still cn sell cheaper n get10k profit

rooney723
post Oct 18 2019, 12:05 AM

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QUOTE(DM52 @ Oct 17 2019, 11:14 PM)
That recond car business really profitable now. Especially vellfire and alphard.

But sadly to say, this is not everybody business. Only the one who get connection can imported those model in.

Very few recond dealer got this privilege and I can say they really make tons of money. Not like 90% 2nd hand dealer out there.
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yup, and those recond dealers actually get those bad condition cars frm overseas and not the good ones, so they got it even cheaper, and then ship here spend few k to restore to make it look new, then sell for 200k each (for estima), the margin is really high for each car

yeah need connection, first thing u need is those AP, no AP duneed to think to even import them lol, and need connection to find ppl to sell u those AP





 

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