[TravelBro]

Do the sales people make profit by giving them a $1000 deposit and do they make profit by signing the document to check your credit?

 

[Sue Esponte]

I'm not sure what you're trying to figure out but they don't make a profit until the car is sold with a margin of profit. I'm assuming you're not asking about revenue recognition rules. They certainly don't profit from a deposit especially in states where they are fully refundable. What are you trying to determine?

-Eric

 

[CanesXXIV]

The dealerships are swamped with people not wanting the car but just wanting to see it. The 1,000 really is an arbitrary number to help them see interested people.

 

[JoeyO]

I'm a MB dealer. We take your $1000, I fly to Las Vegas, and then I give you $3000 back when you pick up your car. I'm pretty good at black jack ;-)

 

[JoeyO]

I'm not a MB dealer. If I were...I'd be driving my SLS every day and going home to my $4 million dollar mansion. ;-)