New Car Dealer Holdback
Find out the percentage that the manufacturers holdback for each different car make. The holdback price is in addition to the profit of the car from the dealer invoice price.
Car Advice
Holdback: What it is and what it means
HOLDBACK: Holdback is a specific percentage of the car's price that is credited to the dealer's account periodically by the manufacturer and reduces his cost by 2-3%. As you can see, 3% on a $20,000 car is substantial - $600. The dealer could sell you the car at his invoice and still have $300 to $600 profit in the deal. Remember this when you are getting down to the final price.
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