Specifically for GM.
Fiance and I test drove a vehicle at a Chevy dealership up in the suburbs of Chicago. Price is decent (and we did get them to come down a little bit,) unfortunately what they were willing to offer for her trade-in was $3500 lower than a local Chevy dealership. We would prefer to stay local anyway. The vehicle we test drove is difficult to find with the options it has as well as in the color that it is.
Our local dealer told my fiance that they dont do it often, but that our dealer buying from the dealer in the suburbs was a possibility.
We are at the point where even if our local dealership can buy at the full asking price of the other dealership then sell to us with a $1K markup, we will still come out $2500 better than what the dealership up north was going to do for us.
Exactly how possible is this? Does one Chevy dealership sell a vehicle to another Chevy dealership at a discounted rate? Do they HAVE to sell to another dealership if the other dealership can make the sale? Do dealerships discount for each other or does the dealership in question still have to buy at full asking price?
I'm going to give our local guy a ring first thing tomorrow, but I dont want to sound like a total fool with wrong information on how the 'dealer to dealer' stuff works. These are both 'GM Certified' dealers if that matters.
Thanks!