according to my last weeks auction report, the average price paid for 95 contours was 2275, with a high of 2600 and a low of 1900 and a total of 11 sold at my local auctions. assume that he paid the average and i guarentee since it is a contour, he had to make repairs so he has around 2500,2600 in the car,what do you feel is a fair profit? my dealership has an overhead of 11,000 a month and i sell 12 to 18 cars on average a month. i do not finance and sell my cars for less than retail, sometimes less than tradein. i make at least a thousand on each sale if everything goes as it should. like i said, he should sell for around 3500 to make any money at all. the high price he initially quoted is for people with poor credit who have limited choices of ways to finance. they have already screwed someone out of their money buy getting a car repossed so now they have to pay the big bucks to get someone to take another chance on their sorry loser ass. jave needs to offer cash or arrange his own financing to get the fair price.
