Autobytel (ABTL) - Buy Autos online Message Board

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Technology Stocks : Autobytel (ABTL) - Buy Autos online

ABTL 7.020

+0.3%

Oct 6 4:00 PM EDT

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To: Bill Ounce who wrote (565)	3/16/2000 10:11:00 AM
From: Bill Ounce	Read Replies (1) of 594

Consumer Reports' tells dealers' secrets Invoice price service reveals vehicles' true cost usatoday.com [...] Only 35% of 1,056 Consumer Reports online shoppers got price quotes for new vehicles within a specified two-day limit using car-shopping Web sites. Ranked "better than average": Autobytel.com Cars.com CarPoint.com [...] The heart of the matter is the dealer's invoice. Most car shoppers believe it tells how much the dealer paid for a new vehicle. But it's an inflated figure. The invoice prices include the holdback, an amount that varies from brand to brand, and can be as much as 3% of the full sticker price - $750 on a $25,000 car. The dealer pays the manufacturer the holdback, but the manufacturer refunds it to the dealer every quarter or so. [...]

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