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Terminology Tuesdays: Sealed Bid

Terminology Tuesdays Graphic 400A Sealed Bid is a quote received after informing multiple dealers that (1) you’re ready to buy immediately, (2) you don’t intend to negotiate, and (3) you expect their first offer to be their best.

Savvy dealers will recognize the opportunity, understand the competition, and start with their best deal to avoid losing your business. Dealers that start high will never get a second chance.

A Sealed Bid is your quickest way to a great deal and eliminates the hassle of negotiation!