As a Honda dealer, we never have 0% from Honda. However some of our competitors outside of our marketing area are buying down the rate from 1.9% & offer 0%. Or buying down 0.9% to offer 0%.
When I owned a business (not auto business) I would simply raise the price of what I was selling.
What is the best way to incorporate this stradegy ?
Is it as simple as increasing the price of the car to cover the interest ?
Do you create a separate fund to off set the interest ?
Thanks ahead of time ....
When I owned a business (not auto business) I would simply raise the price of what I was selling.
What is the best way to incorporate this stradegy ?
Is it as simple as increasing the price of the car to cover the interest ?
Do you create a separate fund to off set the interest ?
Thanks ahead of time ....