Top 9 do car salesmen make money on financing THE BEST

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1.Do Car Dealers Make Money Off Financing? – NerdWallet

  • Author: www.nerdwallet.com
  • Post date: 5 yesterday
  • Rating: 3(1689 reviews)
  • Highest rating: 3
  • Low rated: 3
  • Summary:

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2.How Car Dealerships Make Money from Financing | GetJerry.com

  • Author: getjerry.com
  • Post date: 13 yesterday
  • Rating: 5(1834 reviews)
  • Highest rating: 5
  • Low rated: 1
  • Summary: In a 0% financing deal, dealerships don’t make money off of the interest, but they do make money off …

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3.How Much Money Do Dealers Make on Car Financing?

  • Author: www.realcartips.com
  • Post date: 6 yesterday
  • Rating: 4(1003 reviews)
  • Highest rating: 5
  • Low rated: 3
  • Summary: Dealers make their commission through what is known as a finance reserve. This is an extra percentage added to your interest rate – usually 1 to 3%.

4.How Car Dealerships Really Make Money – Real Car Tips

  • Author: www.realcartips.com
  • Post date: 10 yesterday
  • Rating: 1(658 reviews)
  • Highest rating: 5
  • Low rated: 3
  • Summary: Dealers can easily make a profit of $3,000 just through the financing alone (see: How Dealers Make Money on Financing). If you have a trade-in, a dealer can …

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5.Where Does the Car Dealer Make Money? – Edmunds

  • Author: www.edmunds.com
  • Post date: 9 yesterday
  • Rating: 1(384 reviews)
  • Highest rating: 5
  • Low rated: 1
  • Summary:

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6.Car Dealerships Make Money On Financing? Make out like Bandits!

  • Author: rustyautos.com
  • Post date: 28 yesterday
  • Rating: 2(413 reviews)
  • Highest rating: 3
  • Low rated: 1
  • Summary: The second way car dealerships make money is by making commissions on all car loans agreements that they facilitate between the banks and the buyers.

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7.How do you make money on financing as a car dealer? – Quora

  • Author: www.quora.com
  • Post date: 18 yesterday
  • Rating: 2(1873 reviews)
  • Highest rating: 3
  • Low rated: 1
  • Summary: Whether you finance the vehicle, take out a loan, or pay it in full, the dealership gets paid in full at point of completed sale for the invoiced price. The …

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8.How Do Car Dealers Make Money? Not Just From Car Sales

  • Author: www.rategenius.com
  • Post date: 5 yesterday
  • Rating: 4(1856 reviews)
  • Highest rating: 4
  • Low rated: 1
  • Summary:

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9.How Do Car Dealers Make Money on Financing? – CFAJournal

  • Author: www.cfajournal.org
  • Post date: 23 yesterday
  • Rating: 4(1384 reviews)
  • Highest rating: 3
  • Low rated: 3
  • Summary: The dealer will sell the buyer the service contract, while the buyer pays for it himself. The dealers who sell these contracts make money on financing because …

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