SpotPrice Automobiles
Frequently Islandus.com can obtain incredibly low price on new or recent cars. These low prices are obtained using the Islandus.com SpotPrice method when buying vehicles from dealers and manufacturers.
The term SpotPrice is often used in the financial markets when buying a commodity or currency for immediate settlement. Spot settlement is normally one or two business days from trade date. SpotPrice reflects the current supply and demand, not future price movements.
Car dealers and manufacturers can come under extreme pressures from time to time when their vehicle inventory builds 
up and their facilities become strapped both financially and physically. They may be up to the maximum credit at their bank and all storage areas full of unsold cars. They may have truckloads of new stock arriving from manufacturer and no place to store it and no available finance to pay for it. In these situations unsold cars need to be moved out of their lot quickly even if it means selling some cars at cost or even with a loss.
Another reason for automobiles to become a SpotPrice commodity is when major car dealers are missing a few vehicles to make up their sales targets for the monthly, quarterly or annual bonus from the manufacturer. In a large dealership these bonus payments can become substantial amounts, from time to time even more than the price of a few cars.
The dealer or manufacturer may not wish to advertise vehicle prices below a certain level since such sudden and temporary price drop might cause a damage to their regular marketing efforts in the territory. This is where a broker like Islandus.com comes in. The dealer can work with us in full confidence without having to reveal or advertise any emergency fire sale to the general public.
When you place a SpotPrice Order with Islandus.com our brokers will search the market to find overstock of vehicles that match your requirement. These dealers will then be contacted and offered to make a confidential bid for your order. The lowest price wins.
It is important when making a SpotPrice Order that you specify clearly the minimum equipment required in the vehicle and the maximum price you are willing to pay. These are the guidelines used by our brokers and the dealer network to match your requirement with existing stock. If you provide an unrealistic maximum price target or request too many features, your SpotPrice Order may fail without any bids being received. But if your requirements and the maximum price target are realistic, your SpotPrice Order may succeed beyond your best hopes with a better equipped vehicle and a final sales price being agreed even substantially under your maximum price target.
A fine automobile at a bargain price!
says Mr. Johannsson of Fotoval Iceland who bought a new Grand Cherokee.
A very good car and a bargain price!
Gudny H Laxness daughter of Icelandic Nobel Author Halldor Laxness.
A bargain 35% undir market price!
'The best looking car I have ever owned. Immaculate condition. The pre-purchase inspection was so detailed that a tiny scratch reported is almost impossible to see. I spent 5 minutes searching for it! Fantastic value 35% under regular market price in my country says Ms. Jonsdottir who bought a Ford Expedition.