Who pays the most money for a used car?
In general, private buyers tend to pay more for used cars than dealerships do. This is because dealers are looking to make a profit on the vehicle and often have stricter requirements on what they will accept in terms of condition and mileage. The bulk of a dealership’s revenue is generated by added services and financing rather than vehicle sales. Dealerships only make up to 7% profit per sale. A car dealership’s profit margin is usually around $1,500 to 3,000 for each used car.
Do people who own car dealerships make a lot of money?
Car dealerships make money in every capacity. They make money on everything — that includes parts, service and the car sale. Industry estimates put dealership per-car profits at just over $2,000 per vehicle sold, even though dealers tend to lose about $200 per car over their cost to purchase it. Auto dealerships actually make the most of their profit from the car services, parts, and maintenance they provide for the vehicles that customers bought. These services might include tire rotations, winter tires, oil changes, routine car maintenance, brake changes, and more.
Which brand cars last longest?
Of 26 brands, Lexus and Toyota top the list with a commanding advantage over third-ranked Mazda. The most dependable models—such as those from Hyundai, Kia, Lexus, and Toyota—have received high reliability ratings in various categories. Notably, the Toyota Corolla Hybrid, Toyota RAV4 Hybrid, Hyundai Elantra Hybrid, and Lexus NX Hybrid rank among the most reliable vehicles in the 2025 Consumer Reports survey.Its recent ratings of the most reliable used car brands list Lexus, Toyota, Mazda, Acura and Honda in the top five. One new study finds that some 5 to 10-year-old used cars offer much better value, clocking in with better value and longer lifespans than ever before.However, potential buyers should be cautious of specific model years like 1997-2000 and 2007-2009, which have reported issues such as excessive oil consumption and engine problems. Model years 2002, 2009-2010, and 2014 are generally considered the worst years for reliability in the Toyota Corolla.