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What is dealer holdback on a car?

Dealer holdback is a percentage of the MSRP or invoice price that the manufacturer pays back to the dealer after a vehicle is sold. It typically ranges from 1% to 3% of MSRP. Holdback is designed to help dealers cover overhead costs like floor plan interest on inventory, but it also means the dealer's true cost is lower than the invoice price you see.

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Sean did such a wonderful job. I cannot thank him enough. The two young men he sent to deliver the car did a great job also
Sean did such a wonderful job. I cannot thank him enough. The two young men he sent to deliver the car did a great job also

Kenny Barnett

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Excellent service and knowledgeable reps
Excellent service and knowledgeable reps

Mary Morris

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Had a wonderful experience working with Vantage and Dave A. in particular. Dave came as a referral from a neighbor and he was very straightforward and helpful throughout the entire process. Once I decided to move forward with a lease, Dave was super efficient and we got everything done within a few days!

Had a wonderful experience working with Vantage and Dave A. in particular. Dave came as a referral from a neighbor and he was very straightforward and helpful throughout the entire process. Once I decided to move forward with a lease, Dave was super efficient and we got everything done within a few days!

Kevin Huang

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This was the easiest lease that I have done so far. Best part is no back and forth, hours at the dealer and car was delivered to me :)Thank you Sean for all your help!

This was the easiest lease that I have done so far. Best part is no back and forth, hours at the dealer and car was delivered to me :)Thank you Sean for all your help!

Gina Rodrigues

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Denis Lipari

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From start to finish, my experience with Vantage Auto Group was nothing short of outstanding. The entire process was smooth, transparent, and completely stress-free—something you don’t often hear when it comes to buying a car! I worked with Sean and he was helpful, honest and quick to respond! Love my new Lyriq!

From start to finish, my experience with Vantage Auto Group was nothing short of outstanding. The entire process was smooth, transparent, and completely stress-free—something you don’t often hear when it comes to buying a car! I worked with Sean and he was helpful, honest and quick to respond! Love my new Lyriq!

Genna Battaglino

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David & Tommy made getting a new vehicle for my wife very easy and simple. Great customer service and they deliver the car right to your house. Great Experience and I highly recommend Vantage Auto Group.

David & Tommy made getting a new vehicle for my wife very easy and simple. Great customer service and they deliver the car right to your house. Great Experience and I highly recommend Vantage Auto Group.

Steve Barrios

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I reached out to several dealerships and it was a terrible experience. So I decided to reach out the Vantage and it was night and day. It was a great experience and very easy to work with. Elka did a tremendous job finding the exact vehicle I was looking for at a great price. They delivered the vehicle to my home and I couldn't as for more. Only place I will get all my vehicles from.
I reached out to several dealerships and it was a terrible experience. So I decided to reach out the Vantage and it was night and day. It was a great experience and very easy to work with. Elka did a tremendous job finding the exact vehicle I was looking for at a great price. They delivered the vehicle to my home and I couldn't as for more. Only place I will get all my vehicles from.

stergios siabanis

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I recently leased a car through Vantage Auto Group in Watchung, NJ, and worked directly with Sean Ulsaker. The experience was nothing short of remarkable. No pressure, no obligation, no haggling—just honest, efficient, and top-tier service.My car broke down on a Monday. I contacted Sean, and by Thursday, I had a new vehicle delivered to my place of business. He guided me through car recommendations, arranged test drives the very next day, handled all the paperwork, and made the entire process seamless. I didn’t even have to leave my office.From now on, I’ll be working exclusively with Vantage Auto and recommending them to anyone looking for a stress-free car leasing experience. Sean and the team truly go above and beyond. thank you Sean for the excellent service. First time leasing a car and not having to take headache pills.Again, thanks! Manny Barrueco

I recently leased a car through Vantage Auto Group in Watchung, NJ, and worked directly with Sean Ulsaker. The experience was nothing short of remarkable. No pressure, no obligation, no haggling—just honest, efficient, and top-tier service.My car broke down on a Monday. I contacted Sean, and by Thursday, I had a new vehicle delivered to my place of business. He guided me through car recommendations, arranged test drives the very next day, handled all the paperwork, and made the entire process seamless. I didn’t even have to leave my office.From now on, I’ll be working exclusively with Vantage Auto and recommending them to anyone looking for a stress-free car leasing experience. Sean and the team truly go above and beyond. thank you Sean for the excellent service. First time leasing a car and not having to take headache pills.Again, thanks! Manny Barrueco

Manny Barrueco

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