If you’ve read it once on the Internet, you’ve read it a thousand times: Conventional wisdom says the longer a used car sits on a dealer lot, the more likely it is you’ll get a good deal when you go buy it. People who’ve never spent a day in a dealership like to armchair dealer manager behind their computers and write about things like “floorplan” and “holding cost” like they actually know something about how a dealer principal calculates them, and how they affect pricing.
If this conventional wisdom were actually wise, then I wouldn’t be writing this column. Unfortunately, it isn’t, and adhering to it can cause you to waste a good deal of your time and money. Luckily, your friend Bark is here to give you the real scoop on how, why, and when you should buy at a dealership.
Go ahead, click the jizzump.