Why are used cars you buy from a dealer so expensive ?
Some of these cars are running for 5000 dollars and the same cars are half price through private sellers
36-40, M
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ArishMell · 70-79, M
They charge what they think buyers are prepared to pay, without making themselves uncompetitive; but also, unlike the private seller, the cost has to cover their overheads before any profit.
That is true of any business - it has taxes, building costs (capital, lease or rent, utility bills, maintenance), wages, insurance, stock-purchase costs, business-vehicle costs, advertising fees..... It soon adds up.
That is true of any business - it has taxes, building costs (capital, lease or rent, utility bills, maintenance), wages, insurance, stock-purchase costs, business-vehicle costs, advertising fees..... It soon adds up.