Well because the car has creeks the leather is very fragile the Sensus is slow compare to 2019 and up models the are few small dings that they dont show it on the picture. You can get same car from Carvana or vroom or other non volvo dealers for 34-35k. When i did appraisal for trade in i was only getting offers 29-30k. I never saw a dealer give you 29k for you trade in and make 8k on the car. mostly it was 3-5k that dealer makes. 2019 and up cars much worth to buy than 2018 since 2019 has tons improvements over 2018. Its not even certified car if it was than 38k is fine i guess.How do you figure it's too high?
Agree but still kinds bald move to put 8k more . Good thing i removed my rubber mats and mud flops that i got my self or they would add another 500 for those lolDealers pay lower lease buy-outs than consumers. As I recall, there always have been higher profit margins for used cars than for new ones. To maximize profit and minimize inventory carrying cost dealers go for new car volume to get higher hold-backs from the manufacturers or importers.
Also, what you saw is an asking price, no one knows what the ultimate sales price will be. Absent price controls the "correct" price of anything is what buyer and seller agree on.
That's 100% true.. but they're still just listing it at the market price.I was not complaining, just observing some economic facts of life. Dealers have overhead and need to make a profit to stay in business. I may be wrong, but I think a lot of net profit comes from used cars and hold-backs. At least that was true a few years ago.