Re: Manheim Prices?
I don't see why a dealer shouldn't base their price on a wholesale price. I'm not saying they should sell for wholesale. Cost plus a reasonable profit is a fair way of doing business. It helps to know what the cost is to put yourself in a good bargaining position. The dealer won't sell if he doesn't feel good about how much he's making on the deal.
To equate the terms "trade-in" and "wholesale" is not correct. Look up your vehicle on KBB to get the "trade-in" value and then take it to Carmax and see the "wholesale" value they will give you for it. There is a big difference. I took an '05 Subaru to Carmax last year. The KBB trade-in was $21k+. They offered me $18.5k.
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