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Car Buying Tips Holland MI

There is an old saying in the car business that states the "best price" during a sales transaction is the one that makes the dealer and the customer both happy"regardless of the actual dollar amount. During the negotiation process consumers are focused on maximizing the discount. The dealer, on the other hand, is interested in making the customer happy while still earning a profit.

Bob de Nooyer Chevrolet Inc
(616) 396-2333
600 E 8th Street
Holland, MI
Services
Clutch Repair,Fuel Injection Repair,Radiator Repair,Tune up Repair,Auto Dealers

Elhart Pontiac GMC Jeep
(616) 392-8516
822 Chicago Drive
Holland, MI
Services
Fuel Injection Repair,Radiator Repair,Tune up Repair,Auto Dealers

Harbor Toyota
(231) 733-1478
1050 Fulton Street
Grand Haven, MI
Services
Clutch Repair,Fuel Injection Repair,Radiator Repair,SUV Repair,Tune up Repair,Used Car Dealers,Auto Dealers

European Autohaus
(616) 396-0001
11143 Watertower Ct
Holland, MI

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Marv's Car Lot Inc
(616) 772-4684
2 W Washington Ave
Zeeland, MI

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Elhart Dodge Nissan Hyundai
(616) 396-0441
870 Chicago Drive
Holland, MI
Services
Clutch Repair,Fuel Injection Repair,Radiator Repair,SUV Repair,Tune up Repair,Van Dealers,Used Truck Dealers,Used Car Dealers,Auto Dealers

Gage Motor Mall
(616) 842-2250
1701 S Beacon Boulevard
Grand Haven, MI
Services
Fuel Injection Repair,Radiator Repair,Tune up Repair,Van Dealers,Used Car Dealers,Auto Dealers

Alan Christian Motors
(616) 396-2014
1049 Washington Ave
Holland, MI

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Accurate Automotive Group
(616) 399-6151
2530 Van Ommen Dr
Holland, MI

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A Lot Of Cars LLC
(616) 892-2277
5566 Lake Michigan Dr
Allendale, MI

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There is an old saying in the car business that states the "best price"during a sales transaction is the one that makes the dealer and thecustomer both happy"regardless of the actual dollar amount. During thenegotiation process consumers are focused on maximizing the discount.The dealer, on the other hand, is interested in making the customerhappy while still earning a profit.

Automobile dealers are operating a business. Like most otherestablishments, they must generate enough revenue to cover overheadexpenses. At a car dealership, these include payments on the property,loans on the vehicle inventory, insurance premiums, advertising costs,and wages for the staff in the business office. In addition, cardealers must pay a percentage of every transaction to the salespersonand finance manager. Industry-wide, there is no simple rule to put adollar amount on how much a dealer should make on the sale of one car,but they assuredly deserve to make something (especially if one expectsthe dealer to be in business for service and warranty work thefollowing year).

It is important to know the ballpark invoice price of the new vehicle,and the value of any incentives and rebates offered by the manufacturerto the dealer or to the customer. However, you should also be awarethat most new vehicles carry a "holdback" amount, which is typically apercentage of the invoice or MSRP that the dealer draws upon to financethe loans used to stock the vehicles at the dealership.

You should also know that the vehicle manufacturer frequently pays"spiffs" to the sales staff in amounts ranging from $50 to much morethan that, depending on the make and model, and how well the model isselling. The more cars a salesperson sells in a month, the higher theper-car "spiff" amount is. Sometimes additional "spiffs" are in effectfor just a day, or just a weekend, as an additional incentive to getthe sales staff to move the metal.
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