Car Negotiation
The price of a car, unlike many retail sales, is often negotiable. New cars will often have a factory window sticker listing equipment and options, and the suggested retail price. With the prevalence of the internet, and third party information sites, the profit of dealers has dropped dramatically since prices are widely advertised and best discounts are given to remain competitive. The salesman is paid a commission, rarely a fixed salary but usually based on a percentage of profit, so a deeply discounted price results in a very low commission for the salesman.
Read more about this topic: Automobile Salesperson
Famous quotes containing the word car:
“Fifty years from now, it will not matter what kind of car you drove, what kind of house you lived in, how much you had in your bank account, or what your clothes looked like, But the world may be a little better because you were important in the life of a child.”
—Anonymous. Quoted in The Winning Family, by Louise Hart, ch. 1 (1987)