Phrases with «dealer markup»

"Dealer markup" refers to the additional amount of money added by a car dealer to the original cost of a vehicle. It represents the profit margin for the dealer and is the difference between what they paid for the car and the price they charge the customer. Full definition

Sentences with «dealer markup»

  • The CFPG issued regulatory guidance in 2013 that encouraged banks to do away with dealer markups. (debt.org)
  • We are proud to offer our members discounted protection plans without dealer markups that are financed right into your auto loan. (autoclubsouth.aaa.com)
  • Research shows high dealer markups often disproportionately affect nonwhite people — in other words, car dealers charge black and Latino buyers higher interest markups than they do white buyers. (vox.com)
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