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Old 01-11-2006, 01:02 PM
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jlomon jlomon is offline
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Join Date: Aug 2002
Location: Toronto, Ontario
Posts: 310
Quote:
Originally Posted by dlssmith
I agree the dealer is a dope for sitting on it. There isn't much market for MB in this area, though and it's a Honda dealer. I got it for $14k. I am happy with that. It's a one owner and has all records. Fine condition.
I'd be willing to bet that the reason they kept the the car for that long is that when they accepted it as a trade in they valued it far too high in order to make the sale on the Honda and then couldn't move the car themselves, either to a retail customer or wholesale to another dealer. But after 8 months of no action on the car, they decided to cut their losses and sell the car to you, probably at a huge loss (over and above what it has cost them to keep on the lot for that long). At the dealership I used to work for, this was a constant source of friction between the new car manager and used car manager. The new car manager would sometimes accept a trade-in far too "heavy" in order to do a deal on a new car, and the used car manager got stuck with the car in his inventory. It can become an excellent opportunity for a consumer, if you notice a car that's been sitting on a lot for a long time, especially at an off-make dealer.
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