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      11-20-2017, 05:26 AM   #38
ASAP
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Drives: '23 X3 M40i
Join Date: Sep 2012
Location: FL

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On new cars, the profit margins are lower and the market is more baselined, so the dealer cant screw you as badly. Now, if you have a used car and you are trading it in for anither used car, their profit margin / ways to screw you are absolutely limitless.

I have done the math on numerous cars that I wanted to buy from a dealer vs what they paid someone for that car, and what the dealer would pay me for my car vs what it was worth on the street. Believe it or not, but the math on 3 or 4 of those scenarios somehow came out to a net profit of ~$10k... and that is before the dealer fees. In other words, dealers look to royally fuck people... I am not even sure how a profit like that on a single transaction is even legal.
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