Before you buy a used car from a car dealer, you should understand a little about pricing. A franchise dealer with a used car operation will usually price his cars at a certain percentage more thanwhat the car is deemed to be worth on the wholesale market.
The wholesale value of a car is usually determined by factors such as the demand for the car coupled with the age, make, model, options, mileage and general condition. The dealer’s markup on a used car, van or pickup is frequently determined by any or all of several factors.
