At this point it is a good idea to keep track of what the dealer is charging, and keep a note of the amount charged.
You might also check your car and see how much the tire is paying.
I have looked at car depreciation, but I don’t see much difference when it comes to depreciation.
I can remember seeing a car with over 5,000 miles with about a 3% depreciation per year, but then over 10,000 mile cars tend to do about 8% per year. I don’t know what to do.
I would use one of these calculators.
http://www.realtor.com/realtorcalc.html
The dealer is using a 10 year old model, but you have to pay 5% on it, which is just like if you go out to buy a new car.
Then you will pay a little more over the life, but at least you will know what to expect.
I’m sure in 10 years when things change, you will notice when the rate goes up, because it just seems like a normal depreciation is taking place.
__________________ Last edited by PopsiclePizza; 01-14-2012 at 05:23 AM .. Reason: added another calculator
Join Date: Jun 2007 Location: Florida Posts: 741 Thanks: 9 Thanked 35 Times in 11 Posts Re: How much do dealers make an hour? This is one question I’m trying to answer and have been unable to do so so far. The answer I found is that in the United States, the Dealer’s fee is generally in the middle of this range, but some states have a “standard” fee, in which the base price is the same as everywhere else in North America but the dealer’s fee is reduced (in some cases by a small percentage). This varies from state to state.
I’ve also searched for the dealer’s fees in other countries and found that the dealer’s fees are, on average, 10-15% higher in Europe than in the U.S.
In most cases, this isn’t much of a deal. But you will have to pay the price difference between the higher and lower dealer’s fees.
A more direct comparison in what the two countries pay looks like this:
http://www.cardealsonline.com/cars_and_motorcycles/car-insurance-insurance-and-car-purchase
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