What percentage of profit should a car dealership make on a car sale

Asked by Feb 03, 2015 at 08:38 PM

Question type: Shopping & Pricing

What percentage of profit should a car dealership make on a car sale

2 Answers

210,665

Number vary widely on dealers and location. Usually on a new car a couple hundred, used cars can profit up to a few thousands.

1 out of 1 people think this is helpful.
31,595

Most new car dealerships make their money on the traded in used cars. New car prices are very competitive, but there are many people that pay near list price. Making $500 over invoice is probably a good deal for a dealership on a new car. As Tom said above, used car profit can be in the thousands.

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