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Dealer Holdback questions

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Comments

  • volvomaxvolvomax Posts: 5,274
    If you are "trading cars" then in essence, you are trading holdbacks.
    If dealer A sells a car to dealer B, but doesn't take one of dealer B's cars in return, then dealer A keeps the holdback.
    Since you have to swap cars to keep the holdback straight, thats is why it is called a deaerl trade
  • greanpea68greanpea68 Posts: 1,996
    If dealer A sells a car to dealer B, but doesn't take one of dealer B's cars in return, then dealer A keeps the holdback

    Here in the world of Nissan...

    Who ever reports the car sold gets the hold back. When ever we do swaps we in clude all hold back plus any add ons... ussualy only wheel locks...

    Did have one dealer charge us the resistall pkg. It was a sticker deal and they had the car what are you gonna do. :confuse:

    GP
  • kyfdxkyfdx Posts: 27,618
    Wow... a dealership getting stuck with the Mop-n-Glo.. :surprise:

    Bad karma... ;)

    MODERATOR
    Prices Paid, Lease Questions, SUVs

  • volvomaxvolvomax Posts: 5,274
    With Volvo, the holdback is paid when the car is wholesaled to the dealer.
    CSI money is paid or RDR's,assuming that the dealer qualifies
  • deskmandeskman Posts: 485
    Collect holdback from the customer? I LIKE IT!!!!!!!!!

    I like to pencile a non lease payment like a lease.payment plus tax always gives my closer a move if they need one.
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