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Old February 15th 05, 01:21 AM
Tom Greening
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"Derrick Hudson" > wrote in message
...
> On Mon, 14 Feb 2005 20:56:28 GMT, IsellJeeps wrote:
> > very true Jerry...you get the worst price if they "dealer trade" from
> > somewhere else because the dealer loses the "holdback" money which on a
> > wrangler is around 400-500 bucks.

>
> What is "holdback"?
>


It's money that the dealer gets from the manufacturer in order to offset the
dealers financing costs (interest) on the vehicle. Usually somewhere around
2-3%.


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