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Discussion Starter #1
Does anyone have a sure fire way to tell what the dealer paid for a
used vehicle? If I were to do a title search on a car through the
state DMV records office, would that indicate what their purchase price
was?

SWS
 
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Discussion Starter #2
<[email protected]> wrote in message
news:[email protected]
> Does anyone have a sure fire way to tell what the dealer paid for a
> used vehicle? If I were to do a title search on a car through the
> state DMV records office, would that indicate what their purchase price
> was?
>
> SWS




Not likely, but one thing for sure, is they don't resell them for free,
otherwise they just send them to the wholesaler... The only way to know for
sure would be to have a friend who works at that dealership tell you.
Generally dealerships will pay as little as they can for used cars and sell
them for as much as they can get for them.
 
S
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Discussion Starter #3

> Not likely, but one thing for sure, is they don't resell them for free,
> otherwise they just send them to the wholesaler... The only way to know for
> sure would be to have a friend who works at that dealership tell you.
> Generally dealerships will pay as little as they can for used cars and sell
> them for as much as they can get for them.


They definitely don't sell them for free, you got that right - but
dealers typically pay far less for trade-ins than blue book and NADA,
too. Everytime I've bought or sold a car outright, the state required
the purchase price of the vehicle on the title to know how much to
tax....that purchase price should be available if one goes to the DMV
and does a title search for the car?
 
S

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Discussion Starter #4
there are ways to find this-Consumer Reports, maybe other sources on the
internet.

if you talk really nice, the dealer might show you the invoice; i have had
them show me the invoice (actually had holdback dollars on it).

depends on how bad they want to sell the car at the time you want to buy it.
<[email protected]> wrote in message
news:[email protected]
Does anyone have a sure fire way to tell what the dealer paid for a
used vehicle? If I were to do a title search on a car through the
state DMV records office, would that indicate what their purchase price
was?

SWS
 
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Discussion Starter #5
"stevie" <[email protected]> wrote in message news:kdbCf.427$K%[email protected]
> there are ways to find this-Consumer Reports, maybe other sources on the
> internet.
>
> if you talk really nice, the dealer might show you the invoice; i have had
> them show me the invoice (actually had holdback dollars on it).


THERE IS NO INVOICE PRICE FOR A USED CAR! And no hold back dollars either.
Besides new car dealer invoice pricing is readily available for free from
multiple sources on the internet. You would do yourself a great service to
already have that dealer invoice pricing information in your possession
prior to talking to anyone at the dealership.
I always start at invoice pricing and work down. I ended up paying $3000
under dealer invoice price for my 2005 F-450.

>
> depends on how bad they want to sell the car at the time you want to buy
> it.
> <[email protected]> wrote in message
> news:[email protected]
> Does anyone have a sure fire way to tell what the dealer paid for a
> used vehicle? If I were to do a title search on a car through the
> state DMV records office, would that indicate what their purchase price
> was?
>
> SWS
>
>
 
S

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Discussion Starter #6
sorry-i misread, thought he said new car.

"351CJ" <[email protected]> wrote in message
news:[email protected]

"stevie" <[email protected]> wrote in message news:kdbCf.427$K%[email protected]
> there are ways to find this-Consumer Reports, maybe other sources on the
> internet.
>
> if you talk really nice, the dealer might show you the invoice; i have had
> them show me the invoice (actually had holdback dollars on it).


THERE IS NO INVOICE PRICE FOR A USED CAR! And no hold back dollars either.
Besides new car dealer invoice pricing is readily available for free from
multiple sources on the internet. You would do yourself a great service to
already have that dealer invoice pricing information in your possession
prior to talking to anyone at the dealership.
I always start at invoice pricing and work down. I ended up paying $3000
under dealer invoice price for my 2005 F-450.

>
> depends on how bad they want to sell the car at the time you want to buy
> it.
> <[email protected]> wrote in message
> news:[email protected]
> Does anyone have a sure fire way to tell what the dealer paid for a
> used vehicle? If I were to do a title search on a car through the
> state DMV records office, would that indicate what their purchase price
> was?
>
> SWS
>
>
 
J

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Discussion Starter #7
Figure about $3000 less than they're selling it to you for. That's what NADA
seems to indicate. Believe it or not, that's how they feed their families.
The only source of income they have is overcharging you. How would you like
that job? I'd starve.

<[email protected]> wrote in message
news:[email protected]
> Does anyone have a sure fire way to tell what the dealer paid for a
> used vehicle? If I were to do a title search on a car through the
> state DMV records office, would that indicate what their purchase price
> was?
>
> SWS
>
 
R

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Discussion Starter #8
SWS <[email protected]> wrote:

Does anyone have a way to tell what the dealer paid
for a used vehicle? ....would a title search on a car
through the state DMV indicate the purchase price?
_____________________________________________

The price a dealer pays for a used car is not reported
to the DMV. The only way to know that price is to
have access to the dealer's accounting records.

Rodan.
 
S
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Discussion Starter #9
Rodan wrote:
> SWS <[email protected]> wrote:
>
> Does anyone have a way to tell what the dealer paid
> for a used vehicle? ....would a title search on a car
> through the state DMV indicate the purchase price?
> _____________________________________________
>
> The price a dealer pays for a used car is not reported
> to the DMV. The only way to know that price is to
> have access to the dealer's accounting records.
>
> Rodan.


If the price a dealer pays to buy a car (like in a trade-in deal or
just outright purchase) isn't reported to the DMV, how does the state
know how much sales tax to charge the dealer for the sale?
 
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Discussion Starter #10
<[email protected]> wrote in message
news:[email protected]
>
> Rodan wrote:
>> SWS <[email protected]> wrote:
>>
>> Does anyone have a way to tell what the dealer paid
>> for a used vehicle? ....would a title search on a car
>> through the state DMV indicate the purchase price?
>> _____________________________________________
>>
>> The price a dealer pays for a used car is not reported
>> to the DMV. The only way to know that price is to
>> have access to the dealer's accounting records.
>>
>> Rodan.

>
> If the price a dealer pays to buy a car (like in a trade-in deal or
> just outright purchase) isn't reported to the DMV, how does the state
> know how much sales tax to charge the dealer for the sale?
>


Some states don't charge tax, like mine, so here it is an absolute non
issue.

Besides if your state does, that still in no way makes that information
"public information", or even proves any connection to the true dollar value
paid verses that value which was reported.

The only true way to know how much any given car dealer paid for any given
used car is to be privy to the details of that particular transaction.
 
D

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Discussion Starter #11
As a retailer, the dealer probably isn't required to pay it, just report
what the vehicle is sold for so that tax can be assessed on the end
purchaser.
<[email protected]> wrote in message
news:[email protected]
>
> Rodan wrote:
>> SWS <[email protected]> wrote:
>>
>> Does anyone have a way to tell what the dealer paid
>> for a used vehicle? ....would a title search on a car
>> through the state DMV indicate the purchase price?
>> _____________________________________________
>>
>> The price a dealer pays for a used car is not reported
>> to the DMV. The only way to know that price is to
>> have access to the dealer's accounting records.
>>
>> Rodan.

>
> If the price a dealer pays to buy a car (like in a trade-in deal or
> just outright purchase) isn't reported to the DMV, how does the state
> know how much sales tax to charge the dealer for the sale?
>
 
R

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Discussion Starter #12
Does anyone have a way to tell what the dealer paid
for a used vehicle? ....would a title search on a car
through the state DMV indicate the purchase price? SWS.
____________________________________________________

The price a dealer pays for a used car is not reported
to the DMV. The only way to know that price is to
have access to the dealer's accounting records. Rodan.
____________________________________________________

If the price a dealer pays to buy a car isn't reported to
the DMV, how does the state know how much sales tax
to charge the dealer for the sale? SWS.
___________________________________________________

The State charges the dealer no sales tax. Sales tax is
collected for retail sales only , and charged only to the
end-purchaser, the retail buyer.

A vendor's purchase of stock-in-trade (a car in this case) for
later resale to a retail buyer is not subject to sales tax.

Rodan.
___________________________________________________
 
S
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Discussion Starter #13
351CJ wrote:
> <[email protected]> wrote in message
> news:[email protected]
> >
> > Rodan wrote:
> >> SWS <[email protected]> wrote:
> >>
> >> Does anyone have a way to tell what the dealer paid
> >> for a used vehicle? ....would a title search on a car
> >> through the state DMV indicate the purchase price?
> >> _____________________________________________
> >>
> >> The price a dealer pays for a used car is not reported
> >> to the DMV. The only way to know that price is to
> >> have access to the dealer's accounting records.
> >>
> >> Rodan.

> >
> > If the price a dealer pays to buy a car (like in a trade-in deal or
> > just outright purchase) isn't reported to the DMV, how does the state
> > know how much sales tax to charge the dealer for the sale?
> >

>
> Some states don't charge tax, like mine, so here it is an absolute non
> issue.
>
> Besides if your state does, that still in no way makes that information
> "public information", or even proves any connection to the true dollar value
> paid verses that value which was reported.
>
> The only true way to know how much any given car dealer paid for any given
> used car is to be privy to the details of that particular transaction.


Weird. I've lived in five different states. In all five states, I've
bought and sold cars person to person......in EVERY case, it was a
requirement to list the selling price on the title so the state knew
what to charge they buyer for sales tax...if someone tried to be sneaky
and say they sold a late-model car for a hundred bucks or something
like that, the state would simply charge tax on the average value of
the vehicle. I guess auto dealerships must have it in good with their
state reps if they aren't paying taxes on the cars they buy. Meanwhile,
the average joe car buyer continues to get screwed.....
 
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