Open Question: How much of a return do car dealers expect to get on repairs to trade-ins they sell?
I am interested in a 20 year old car that has only 75K on it. The dealer has shown me the paper-work for the repairs they did to the vehicle ($1100). They are asking $3900 for the vehicle, the salesmen told me the higher price is due to the low miles and recent repairs. NADA has a clean retail listed as $2500. I also checked similar prices for cars of the same make model etc. (avg $2450).
