I tracked down the six diesels from the big sale on 8-24, two of them are the cars in this week's sale. So, not only was that sale unprecedented, there still haven't been any other 2017s offered up by the factory, just two that didn't sell the first time around.
One of them auctioned for 16,800, and is for sale for 23,900
Used 2017 Chevrolet Cruze LT For Sale | Tahlequah OK
Auctioned 17,000, offered for 20,995:
Buick & Chevrolet Dealer in Lincoln | Graue Chevrolet Buick of Lincoln
Auctioned 14,900, offered for 19,490:
https://www.autotrader.com/cars-for-sale/vehicledetails.xhtml?listingId=465349093
Auctioned 15,100, offered 20,900:
Used 2017 Chevrolet Cruze LT For Sale | Tahlequah OK
There are bidder fees at the auctions, and it costs to have the cars transported, so the hammer prices above are not the dealers' true cost, but still, the markups were higher than I expected.
If I had an agreement in advance for a dealer to buy a car for me, no risk to them, it's already sold before they buy it, I'd expect to give them $600-1000 over their total cost.
One of them auctioned for 16,800, and is for sale for 23,900
Used 2017 Chevrolet Cruze LT For Sale | Tahlequah OK
Auctioned 17,000, offered for 20,995:
Buick & Chevrolet Dealer in Lincoln | Graue Chevrolet Buick of Lincoln
Auctioned 14,900, offered for 19,490:
https://www.autotrader.com/cars-for-sale/vehicledetails.xhtml?listingId=465349093
Auctioned 15,100, offered 20,900:
Used 2017 Chevrolet Cruze LT For Sale | Tahlequah OK
There are bidder fees at the auctions, and it costs to have the cars transported, so the hammer prices above are not the dealers' true cost, but still, the markups were higher than I expected.
If I had an agreement in advance for a dealer to buy a car for me, no risk to them, it's already sold before they buy it, I'd expect to give them $600-1000 over their total cost.
