Candice is purchasing a new Jeep.She has the price negotiated down to what she thought was the lowest possible price until she heard that her Jeep has a holdback amount of 3%.Is it fair for Candice to ask the dealership to take the holdback amount off her final sales price?
A)Absolutely,this would decrease the mark up price of the Jeep and save Candice additional dollars.
B)No.The dealership would most likely lose money on the sale.

Question

Quizplus · Accepted Answer

The holdback amount is a form of incentive that the manufacturer gives to the dealership, so asking for it to be taken off the final sales price is within reason. It would decrease the overall markup price of the Jeep and save Candice additional money.

Candice Is Purchasing a New Jeep