Quote:
Originally Posted by Fat Charlie
So I'm assuming that Joe McStayinginbusiness is making a decent profit on his year old Caddy. And Hertz, with their "We're in bankruptcy! Look at these cars being sold for below book value!" is riding the hype as far as they can. Joe from Schenectady has got to be jealous.
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Assuming Joe McStayinginbusiness is selling at a profit is a big assumption when they are advertising the lowest price in the USA. Are you sure they aren't just silently trying to move some cars and stay out of bankruptcy?
Nationwide the range on Car Guru is $22,000 to $40,000
EDIT:
When I see a dealer price below everyone else I think this:
Quote:
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"A new trend among dealerships selling used cars is to post a price that is well below the market average only to make up for it later with back end fees. So while the posted price or sale price looks competitive that value is quickly eroded by other nonsense."
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More details in the article below - including an example of a Kia dealership adding $2888 of bogus fees BEFORE legitimate extras like taxes and DMV fee.
https://jalopnik.com/how-used-car-de...ric-1837030397