Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Can holdback be used in the negotiation process? Should it be used?

0
10 Posted

Can holdback be used in the negotiation process? Should it be used?

0
10

The amount is seldom brought to the bargaining table, but by knowing the holdback a dealer receives on a vehicle, a customer negotiating a purchase price can better gauge a fair profit to be incorporated in the sale. Holdback is not normally considered sales profit by the dealer. Most dealers must use it to help offset their overhead expenses.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123