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Q: Automobile dealers ( No Answer,   1 Comment )
Question  
Subject: Automobile dealers
Category: Business and Money
Asked by: carshopper-ga
List Price: $50.00
Posted: 18 Sep 2004 23:55 PDT
Expires: 18 Oct 2004 23:55 PDT
Question ID: 403162
GM Chevrolet dealer's gross margin on a Tahoe for an average size dealership?
Answer  
There is no answer at this time.

Comments  
Subject: Re: Automobile dealers
From: marcheitzchevy-ga on 09 Mar 2005 10:11 PST
 
Margin really has nothing to do with the size of the dealer. All GM
Dealers pay the same for a given vehicle. All this is set forth on the
invoice. Yes ther really is only one invoice. I suppose if you are
after the total gross margin you need to subtract the holdback from th
invoice price. Let me see the least expensive Tahoe on our lot has an
MSRP of $36,465. Its pure cost invoice minus the hold back is
$31,475.55. That Would make $4,989.45 the gross when it sells at the
MSRP, which they never do. If you would like to see our selection of
Tahoes, the largest in Oklahoma, go to www.marcheitzchevy.com.

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