Holdback & Total Invoice

MrFancyPants · 03-17-2009, 06:02 PM

Hi guys, a question arose while making some calculations and notes; when calculating "holdback" do you use the total invoice price of the car, with or without the destination charge??

Thanx

MightyBobo · 03-20-2009, 08:29 AM

Destination Charge is something you have to suck up, no matter what.

But, I wouldnt include that in holdback, since its a fee that goes to the car company, not the dealer, for delivering the car to the dealership...

Modshack · 03-27-2009, 02:01 PM

Holdback for most makes is calculated as a % of MSRP, NOT including destination charges..

ChrisSlicks · 03-27-2009, 04:27 PM

Quote:

Originally Posted by Modshack

Holdback for most makes is calculated as a % of MSRP, NOT including destination charges..

Nissan holdback is on the invoice at 2% (not sure if dest is included or not). The dealer doesn't see that money for months so can't squeeze that one dry.

There also maybe dealer incentives that aren't made public that allows further discounts.

03-17-2009, 06:02 PM	#1 (permalink)
MrFancyPants Base Member Join Date: Mar 2009 Location: Horsham, PA Posts: 21 Drives: 88 Alfa Milano Verde Rep Power: 16	Holdback & Total Invoice Hi guys, a question arose while making some calculations and notes; when calculating "holdback" do you use the total invoice price of the car, with or without the destination charge?? Thanx __________________ "At birth man is offered only one choice --the choice of his death. But if this choice is governed by distaste for his own existence, his life will never have been more than meaningless." --Jean-Pierre Melville

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03-20-2009, 08:29 AM	#2 (permalink)
MightyBobo A True Z Fanatic Join Date: Feb 2009 Location: Las Vegas, NV Posts: 8,465 Drives: No cars; only bikes Rep Power: 53	Destination Charge is something you have to suck up, no matter what. But, I wouldnt include that in holdback, since its a fee that goes to the car company, not the dealer, for delivering the car to the dealership...

03-27-2009, 02:01 PM	#3 (permalink)
Modshack A True Z Fanatic Join Date: Mar 2009 Location: Greenville NC Posts: 2,883 Drives: 370Z Sport Rep Power: 976	Holdback for most makes is calculated as a % of MSRP, NOT including destination charges..