Car Prices

Do you know that most of the cars that people buy are overpriced by
20-50%. Have you noticed that everytime you go to a dealership or even ebay for that matter the car salesman is always making it sound like he is giving you a deal.
Let me tell you something i use to work for dealerships and they get the cars for 30 or 50% less than what you pay and the brand doesen't matter, the more expensive the more money they make. Most people don't know that they also make money on what they call "in the box" this is the interest rate spread that they make, ex.( the dealer has a contract with a bank or even the auto brand finacial services, what happens is that the bank lends the money to the dealer at 2% APR and the dealer charges you 5% APR). If you want to be a smart buyer you got to the dealers auction. there you can find cars that dealers and banks are auctioning off for 30% less than market price.
You need to have a dealers lisence or know someone that has one to get in, but i bet you your lockal mechanic probably has one. If you want a cheap car go to the dealers auction or check out my links for more info.