Tahoe
Thread Starter
CF Addict
Joined: Feb 2008
Posts: 2,900
Likes: 4
Tahoe
Well, you may not own it, but it's profitable.
https://finance.yahoo.com/news/this-...195414687.html
"Automakers can easily earn $15,000 in profit on each large pickup or SUV"
So, that's after they pay the design team, build team, and materials? is that how you define profit on car?
https://finance.yahoo.com/news/this-...195414687.html
"Automakers can easily earn $15,000 in profit on each large pickup or SUV"
So, that's after they pay the design team, build team, and materials? is that how you define profit on car?
Administrator
Joined: Apr 2008
Posts: 7,573
Likes: 48
From: Austin, Texas
If they are basing that $15,000 off of the avg $50,000 cost that is a 30% mark up
... keep that in mind when buying, sure there was a time when the Suburban sold for an average $2,500 over sticker, but I think those days are passed and I'd still go into that show room offer 18% off of sticker and let the bargaining begin...
... keep that in mind when buying, sure there was a time when the Suburban sold for an average $2,500 over sticker, but I think those days are passed and I'd still go into that show room offer 18% off of sticker and let the bargaining begin...
