What does it mean when the discription says. "High leverage, 62 days on cargurus, hot seller, normal leverage " is this some kind of time frame the dealer is giving you to buy the car?
This is an excellent question. High or low leverage is actually determined by Cargurus, based on how long a particular vehicle has been listed by the dealer. The longer a vehicle has been listed, the higher your buying leverage, or likelihood of you getting a better deal. This is because the longer a vehicle stays on a dealer's lot, the more that vehicle costs the dealer. Sell quicker = costs less.