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:
“Raising children is a spur-of-the-moment, seat-of-the-pants sort of deal, as any parent knows, particularly after an adult child says that his most searing memory consists of an offhand comment in the car on the way to second grade that the parent cannot even dimly recall.”
—Anna Quindlen (b. 1952)