pk1023
Sep 05, 2014Explorer
Finding a best deal formula for trade and buying
Hey all, so if you've followed any of my posts, you know I am thinking of buying a bigger rig.
I am talking to everybody in my state and dealing with the normal issues around trade value, sales price, etc etc.
I know that the "best deal" equation lies in the difference between sales price and trade in value.
It seems like there should be a formula that could boil the sales stats down to something in percentage.
Let's say I could get a dealer to give me sales stats on a certain unit they sell alot of. Meaning they'd give me a spreadsheet with sales price for each unit, final sales. Then they'd also give me the trade in price they paid. If I then used the publish NADA value to assign a trade value percentage to it.
At that point, couldn't I figure out how good each customer's deal was? I wouldn't even calc in Title/Doc/Extra fees because they are set.
Or am I insane and there's no math that will produce that number? None the less no dealer will give me those stats?
I am talking to everybody in my state and dealing with the normal issues around trade value, sales price, etc etc.
I know that the "best deal" equation lies in the difference between sales price and trade in value.
It seems like there should be a formula that could boil the sales stats down to something in percentage.
Let's say I could get a dealer to give me sales stats on a certain unit they sell alot of. Meaning they'd give me a spreadsheet with sales price for each unit, final sales. Then they'd also give me the trade in price they paid. If I then used the publish NADA value to assign a trade value percentage to it.
At that point, couldn't I figure out how good each customer's deal was? I wouldn't even calc in Title/Doc/Extra fees because they are set.
Or am I insane and there's no math that will produce that number? None the less no dealer will give me those stats?