Tuesday, December 6, 2022

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what does a car broker do

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People also ask:

How do car brokers make their money?
There are two ways that car brokers make their money: As a flat rate or as a percentage. An auto broker might charge everyone a flat rate, ranging from $200-$1,000. Other brokers opt to charge a percentage of the money that they saved you on your purchase.
Are car brokers legit?
While many brokers are former car dealers, they should not be receiving any compensation from dealerships for passing your name along as a lead. Many operations call themselves brokerages, but make substantial amounts of their profits from dealerships, or even directly work for a dealership.
What is the difference between an auto broker and dealer?
What's The Difference? A Dealer is the car company that owns the cars they are making available for lease and purchase. A Broker is an impartial “middleman” who works for the buyer to find the best deal available on a vehicle that the buyer wants.
How does Cartelligent make money?
How does the Cartelligent business model work? Cartelligent clients pay a nominal package price to begin the search process. Because the work that we do often costs more than this, we may receive a fee from the dealer, as appropriate, for the new vehicle or for arranging trade-ins and aftermarket accessories.