What I've heard is that dealers will keep the cars that they know sell well as long as there is not a major problem (crash history, unusually high miles, etc). They might keep one or two more "exotic" cars to park out front as attention-getters. But if a car has been sitting a few weeks, it's off to the auction. They don't make any money holding inventory.
I also know that little one-man used car lots open up and close down here all the time. Often times they're closed within a couple of months of opening. I think it's a very very hard way to earn an income. Allan On Wed, 03 Feb 2010 11:45 -0500, "Dillon, Meade M CIV SPAWARSYSCEN-ATLANTIC,53310" <meade.m.dil...@navy.mil> wrote: > I'm not sure it's true that auction cars are crap. I've bought two, > and both were great values. A '96 Infiniti, 3 years old at the time, > for $7k (Wife still driving/loving 10+ years later), and an '85 > 123.190 for $1100, which I sold three years later for $2300. Most of > the crap at the auctions I've been to was very apparent as crap > and easily avoided, but there is a big risk. > > A friend looking for a used Toyota Camry locally said that the new car > dealers he visited put all their trade-ins for the week in the back > lot, on Saturday or Sunday the "Auction Guys" would come through and > make offers/take their pick (to re-sell at the dealer only auction), > and what was left over would either be sold at the dealer's used car > lot or at the public auto auction. These dealers were not interested > in putting any effort into selling their trade-ins, so the best went > to auction or got picked-off by the employees. Several of the Toyota > dealer mechanics would skim - fix - resell as well, for personal gain > on after-hours, but they stuck to the Toyotas. > > -Max > _______________________________________ http://www.okiebenz.com For new and used parts go to www.okiebenz.com To search list archives http://www.okiebenz.com/archive/ To Unsubscribe or change delivery options go to: http://okiebenz.com/mailman/listinfo/mercedes_okiebenz.com
