Funny Things Dealers Say

Joe Biden GIF by CBS News

2 Likes

Doable with the below numbers if financed for 18 years.

1 Like

Woodside credit. :laughing:

If you weren’t being paid by the dealership, what incentive would you have to move their inventory versus a competing dealer?

Having access to multiple dealers worth of inventory around the country we carry a distinct advantage for both selection and in that we actually do comparison shop between different cars and dealers we work and trade with based on what makes most sense for the client whether that be timeline, specification preferences and cost basis.

When we say Look No Further, we mean Look No Further!

:slight_smile:

There are some areas where that is common place (particularly in the NE).

There are some areas where that doesn’t happen.

There are some areas where that is completely illegal.

It’s certainly not a ubiquitous thing.

3 Likes

If you are talking on a national level, once you factor in the price of shipping, its a moot point. I am talking on a local level for competitive markets. If you serve SoCal, there are a couple dozen dealers for any given manufacturer all sitting on undesirable inventory i.e. EQ/IX competing for the same clients. Take for example if you were to have the exact same IX with a 96k sticker at two dealerships down the street from each other. Dealership A offers you the car at a 10% discount and kicks you back $300 for making the deal, Dealership B offers you a 10.5% discount but kicks you back absolutely nothing. The difference to the client is ~$13/month on a $800+/month payment, which is trivial. In Scenario A the dealer makes $150 more profit, and you make $900 profit, in Scenario B the dealer makes less, and you make a $600 profit. Since you don’t have any contractual exclusivity agreements in place as you claim to cross shop dealerships, from a business standpoint why would you take option B over A? Are your clients that price sensitive where they would not do business with you over a 1.5% difference in payment? From the dealer B’s perspective, if they are moving the vehicle why would they care who buys the car, you or a customer?

1 Like

Not how, Nor how we would ever want to operate but I understand the concept.

We are our client’s advocate.

2 Likes

Just yesterday I got a call from a broker who serviced a specific community in Brooklyn. He was shopping a deal looking for a $6311 bird dog check. I never have or never will pay a broker a bird dog. There are brokers on this site who have sourced vehicles from me. I never cut checks to them.

That being said, retail brokers, they make thousands of dollars off each of their customers.

@IAC isn’t that guy

8 Likes

could you imagine getting a $500-$1,500 broker fee each deal AND getting a bird dog check for double that?

Man If I was making 2k per car on 30 units a month I would be like @Jrouleau426 and be a neighbor of a NBA owner!

Just kidding bud, jealous of your FL weather

6 Likes

It’s pretty amazing how much some people manage to make on one car selling very boring cars for thousands over sticker

1 Like

There is a person in brooklyn right now who thinks MSRP-7500-500 for a recharge lease is a GREAT deal.

The broker is keeping the spread from MSRP to -2000 below invoice + spring bonus cash…

The worst part is, the customer is actually happy with this

2 Likes

oddly specific amount

Biggest bird dog I get is $100. I don’t ask for them just happy to get best pricing from my dealers instead. It’s all factored in anyway to the deal.

And he’s hardly my neighbor haha. Lives .25 miles away across a bay on a gated private island. I can just look into his living room along with my 500 neighbors

1 Like

Its called EVERY SINGLE PENNY between msrp and -2k with the rebates lol

3 Likes

And brokers from that community message me all the time asking me to cut huge bird dog checks. I tell them to collect it from the buyer, pay me, keep the rest, but they know they can’t bc then the buyer would realize how much they’re overpaying by.

I have dealers that will do it but I don’t like to operate that way either. I charge everyone the same based on the vehicle.

4 Likes

Hunch it’s Marquis Auto Leasing

I’m going to take a wild stab and say it’s Brighton Beach. I’m not saying that brokers on this site are making thousands in kickbacks, but what I will say is that if I were a dealership, paying a broker the equivalent of a mini, would be cheaper than paying that mini + a salary + benefits of a salesperson on the floor and would lower my overhead.

There is a volvo store in NNJ that used this business model

To my original point, would you offer a broker lower pricing than what you advertise on here?