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Trade anything for car - new business model? Trade anything for car - new business model?
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Old 03-18-2015, 12:21 AM   #1
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Trade anything for car - new business model?
ok so traditionally, you can trade in your car to get a different car at dealerships..

but this one is a little different


here's their website: Pawn-a-Thon Used Car Sale 2015 | Galaxy Motors Used Cars and Auto Repair

Do you think this is actually a good idea? This sort of business model might work for other industry/business as well.
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Old 03-18-2015, 07:43 AM   #2
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They just factored it into the markup, no different than marking something up 100% then calling it a 50% off sale..
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Old 03-18-2015, 08:25 AM   #3
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^^yup. Just a gimmick to draw up more business. Not a bad thing if you go into it realizing that.
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Old 03-18-2015, 08:48 AM   #4
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It's like dealer invoice sales......... they don't tell you about the incentives they get from manufacturer that makes up for it.
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Old 03-18-2015, 10:23 AM   #5
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Car must be selling for $10,000 or more. Client will most likely have to pay full sticker price, no negotiation. Mandatory documentation fee and other fees I'm sure. Whatever $2k savings you see will be eaten up by paying too much for the car in the first place.
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Old 03-18-2015, 10:25 AM   #6
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It's just bait to get people through their doors.
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