Car Business
If you’re involved in a stock brokerage business or buying or selling on the ASX or NYSE and you use privileged or confidential knowledge that’s not generally available to the market, you could expect to be a guest of the government for a long time. It’s called insider trading. You do get full room and board, exercise, uniforms and the like, but I don’t know that you’d really enjoy the company.
On the other hand, if you’re in the market for a new car or used car, ‘insider trading’ will surely save you a lot of $$ and not see you land in the ‘big house’.
After 37 years in the automotive industry, I’m here to tell you that I can save you a lot of money on the purchase of your next new or used car. And I’m not talking $50 here of a $100 there. I’m talking hundreds and thousands of dollars on the price that you’d expect to pay from a dealer.
Since 1978 I’ve been involved at the coal face with Ford, Toyota, Mitsubishi, Suzuki, Fiat, Alfa Romeo, Volkswagen, Isuzu Ute, Jeep, Chrysler, Dodge, Kia, Mercedes Benz, BMW, Lexus, Renault, Citroen, Hyundai, Mazda, Subaru and a lot of other brands too. I’m aware of the trading cycles that manufacturers use, the time of the month to purchase and even down to the day of the week when dealers will do better deals. How would you like to know someone who’s aware of margins, and hidden profits contained in the retail pricing? Dealer pre-delivery charges have hidden margins that I can help you access.
And what about your trade-in? With scores of contacts in the used car industry, I know where to achieve top dollar. Some dealers prefer to keep their own brands, so if you want to trade a Jeep on a Toyota, there’s every chance that your dealer will only check with a wholesaler or if you’re lucky with a single dealer of the brand of your trade. Not at Car Business. I have contacts throughout the industry where I can place your trade at better prices. I know which dealers are buying what brand and model – I can place a Jeep Cherokee at around $2000 better than your trade in price. A BMW convertible can be worth up to $4000 more through me that directly with your dealer. And it’s amazing how most customers present their vehicles for appraisal. Investing around $150 to detail and present a trade in will return 4 fold in value.
If you want to sell your car privately, then I can help you with research, help you write your advertisement, recommend photo styles and create your account.
And when it comes to financing your purchase, dealers will often tell you that they’re competitive against the banks. Right? Wrong! Car dealers arguably make more profit from their finance divisions than they do from the car sale. When you compare their quote with one I obtain, you’ll soon see that there’s money to be saved there too. And the same applies to insurance, extended warranty, aftermarket products, security systems and so on.
So dealer profitability goes something like this
Average Profit per vehicle sold | $2,500 |
Average profit from vehicle finance | $1,600 |
Average profit from Vehicle Insurance | $300 |
Average Profit from Aftermarket Products | $450 |
Average profit from a single vehicle sale | $4,850 |
Let me save you some of this and we’ll both be very happy. Call me directly on 0418 748 498 or emailbob.aldons@carbusiness.com.au - You’ll be very glad you did.