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Originally posted by Agriv8r: Absolutely, it is hard for us to do Supplier, we usually end up with a loser.
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Now now we both know that is not true
Even if Dealership sold for GMS or Dealer invoice the Dealership still makes a pretty decent amount of money for someone walking in, points to the one they want, and says that's the one, lets do the paperwork here is my GMID! Lets be honest that's, that's how most deals go down today anymore. The days of "selling" cars/trucks is way over b/c of the resources available to consumers now. Most know which one, what it has, what it cost, what they want to pay, throws out the number and that Dealership either wants to sell or the consumer goes to the next Dealership down the street that does!
Anywho, back on track....even if you sell at true cost, dealer invoice, GMID, or GMS, etc etc etc. the dealer still gets the HB (3% on Hummer MSRP minus dest), 3-5% reimbursement of the actual discount amount from GM for any GMID deals, plus any borderline shady tricks Finance may hide in there on a lease or purchase deal!
For an example, H3 Adventure
MSRP 38,115.00
GMID 34,871.10
Invoice 34,424.00 (no co-op)
So Dealer will be getting $447.10 right off the start for difference between GMID and Invoice. Next they get $1143.45 for holdback. And then approx $162 b/c of the GMID (3-5%, depends on model). I would say that a Dealership making $1752.74+ for someone just walking in saying you have an H3 with the VIN of _______ I would like to buy it,...is not all that bad at all! And that $1750+ is not counting any padding or hiding by Finance