Used car dealerships might seem to have good a lot of cars. But, the question is where do they get their cars? Where do used car dealerships get their vehicles for sale?
They get their preowned vehicles in a few different ways:
• Trade ins on new vehicles
• Some people do show up at dealers to sell their vehicle with little to no intention of buying another vehicle. Frequently they will not get as much as if selling to a retail customer.
• Sometimes dealers solicit buy requests for certain vehicles they know will be in high demand. There is not necessarily a requirement to buy new. In many, but not all cases, the solicited vehicle may have been one the dealer sold new or that the dealer was aware of because it was brought in to their service department. Monthly I get at least one request to trade in my vehicle. Most of those come from the dealer at which I bought the vehicle or a dealer at which I have had it serviced. The vehicle is of age and condition that it would likely be sold as a certified preowned vehicle.
• Some vehicles are bought at auction. Some of those come from lease terminations and others come from dealers that do not want them and/or were not able to sell them quickly.
• In the case of luxury brands some of the preowned may have originally loaners registered to the dealer. Many of those are sold as a certified preowned vehicle.
Additionally, used car dealerships receive a near consistent flow of new inventory. They receive their car inventory one of two ways, from auctions or from trade-ins. Your used car dealership might see new stock as often as every day depending on their buying practices. Keep an eye on used car dealership inventories because of how often they can change, especially if you’re on the lookout for a specific make or model of vehicle.
Also car dealerships have sales representatives buying cars from different sources for them.
Do not forget they run cash for cars advertisements getting cars from people wanting to sell cars.
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