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Old 04-10-2014, 12:55 PM   #13
79LilRedExpress
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Join Date: May 2008
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Another problem of late is retail customers, in the dealership, during auction runs.
What I mean is a dealer will invite a "good" customer to his office during a simulcast, have an agreement in place to mark up the purchase price that he, the dealer, pays by X number of dollars and watch as the dealer buys the car.
The customer perceives a good deal, the dealer has an easy sale, probably pays little or no commission and slams the customer on the back end.

This process will in fact artificially raise the MMR values and drive wholesale values of used vehicles up even higher.

Years ago if we took a retail buyer to the auction we could be barred from sale. But I guess its ok now if its on line.
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