"Understanding New and Used Car Dealerships"
car dealership or local vehicle distribution is a business that sells
used cars at the retail level, with a dealership contract established
with automobile manufacturers or its subsidiary. Usually there are many
employed car salespeople work for them. Along with sales people, there
could be mechanics that will do the maintenance works including spare
auto parts selling and processing warranty claims.
In the United States and Canada, used car dealerships carry vehicles
from many different manufacturers whereas new car dealerships are
usually franchise based that are associated with only one or two auto
Selling a Car
any new car salesperson, he/she must post a sticker showing the
vehicle's details such as offering price and summary of car's features.
Any dealership can display their inventory in a showroom. Usually,
individual salesperson is working on the commission basis and they
negotiate with potential buyers to make a decision on the final car
purchase price which usually includes a trade-in price as well.
an additional service, most car dealerships are offering some sort of
financing options for the car buyers including loans, because it is
becoming highly profitable business model for them. As a result, there
has been issues of discriminatory of lending practices on the market
where unfair deal was made out to private parties. Therefore many
states now have regulated set of rules.
Getting a Auto Loan is not easy, but there is a way
of getting the best deal on the market.