Overstock Car | Buying

Because dealerships pay interest on the loans used to stock their lots (known as floorplan interest), holding onto overstock inventory for more than 90 to 120 days costs them substantial money every month. This creates a massive leverage point for educated buyers.

Dealerships use several exit strategies if a car refuses to sell: overstock car buying

Dealers may "sell" the car to their own service department to use as a customer loaner. This stops the interest clock and allows them to sell it later as a certified pre-owned (CPO) vehicle. Because dealerships pay interest on the loans used

When next year's models arrive, the remaining current-year vehicles immediately become "leftovers". overstock car buying