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Interestingly, dealers already sell some of their new cars below cost. But they make their money back with service and financing charges, so the basic laws of e
by winstonm 15y ago
Interestingly, dealers already sell some of their new cars below cost. But they make their money back with service and financing charges, so the basic laws of economics still apply.
http://blog.truecar.com/2009/04/24/more-than-ever-dealers-are-losing-money-on-new-car-transactions/ http://blog.truecar.com/2009/04/24/more-than-ever-dealers-ar...
http://www.justice.gov/atr/public/eag/246374a.jpg http://www.justice.gov/atr/public/eag/246374a.jpg (from http://www.justice.gov/atr/public/eag/246374.htm http://www.justice.gov/atr/public/eag/246374.htm)