A wholesale car dealer is a car dealer that cannot sell vehicles to the general public, and can sell only to other car dealers. The wholesale car dealer may purchase from car dealer auctions and other car dealers but they can sell the vehicle only to other car dealers. If a wholesale car dealer wishes to sell to the general public they must perform a drafted sale.
Wholesale car dealers' basically are remarketers of vehicles between dealers and generally turn a small profit on each transaction, but complete many transactions in any given time period. Vehicles normally dealt with are new car dealer trade ins, off lease vehicles, a used car dealer's aged inventory, and sometimes just acting as a broker between two dealers and never touching the vehicle.
There is a good example of wholesale car dealing on a syndicated Saturday radio program called 'the real deal' hosted by John Clay Wolfe.
Famous quotes containing the words wholesale and/or car:
“As for piracy, I love to be pirated. It is the greatest compliment an author can have. The wholesale piracy of Democracy was the single real triumph of my life. Anyone may steal what he likes from me.”
—Henry Brooks Adams (1838–1918)
“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)