to give you a better idea, yesterday I sold a new 307 1.6 se sw to a gentleman, I asked the boss the discount he said £2500 off list, I then go over figures and he wants to buy, so i ask the boss again about discount he says yes, so i sign up the gent.
get the boss to sign, he looks at the latest support sheets, and says ****! Veugeot changed their dealsnthat day. so instead of making say £500-1000 before tax etc we'll make £200, for £13,723 car its not a huge amount of profit.
again I still dont understand margins on new cars
I'm not calling you a liar but I don't believe for a minute there's only £200 profit in a new car, most of the components in the car industry are now sourced from China at ridiculously low prices, all they do is bolt the bits together, I bet that £13,723 price is about £5,000 at the factory gate.
salesmen on 25K+ a year minimum, huge showrooms to pay for, if there were only £200-£500 profit per car they'd all be out of business
I'm not calling you a liar but I don't believe for a minute there's only £200 profit in a new car, most of the components in the car industry are now sourced from China at ridiculously low prices, all they do is bolt the bits together, I bet that £13,723 price is about £5,000 at the factory gate.
salesmen on 25K+ a year minimum, huge showrooms to pay for, if there were only £200-£500 profit per car they'd all be out of business
I'm not calling you a liar but I don't believe for a minute there's only £200 profit in a new car, most of the components in the car industry are now sourced from China at ridiculously low prices, all they do is bolt the bits together, I bet that £13,723 price is about £5,000 at the factory gate.
salesmen on 25K+ a year minimum, huge showrooms to pay for, if there were only £200-£500 profit per car they'd all be out of business
All other manufacturers and delaers make money on servicing, spares, warranties and finance.
its true most of the prices you see in papers offering 2k off etc puts the profit to a couple of hundred quid at the most
In 2000 I went to my local ford dealer for a quote on a new ford transit, I can't remember the exact figure I was given but it was around 18k on the road after discount, I then went on the internet to find a quote and ended up at a Belgian dealers website where pries were quoted on Belgian francs (pre euro)
I specced extras on the Belgian quote which included A/C abs and electric windows, the price I paid was £12,360, the extras would have added over £1000 to the UK dealers quote.
The price difference roughly a Ford Focus at the Belgian dealers prices
Don't try and tell me someones not making huge profits on new cars in the UK because I have experience they are
Was that all taxes paid in the UK, or pre-import out of interest?