Home › Answers › How much does an auto broker charge for their service?
Auto brokers typically don't charge the buyer anything upfront or at closing. Instead, dealers pay the broker a commission when a deal is completed, usually 1-3% of the sale price depending on the lender and vehicle. This means you're not paying extra for the broker's service—the dealer absorbs that cost as part of their normal business. It's one reason brokers can be useful: you get professional shopping and negotiation without a direct fee hitting your wallet. The catch is that you still pay the actual vehicle price, taxes, tags, and insurance like you would at any dealership. The broker doesn't reduce the car's cost; they just handle the legwork of finding inventory across multiple dealers and shopping your application to multiple lenders to get you approved and into a good rate. For buyers with bad credit, no credit, ITIN, or no SSN—or those looking for $0-down options—this shopping across lenders often saves money on interest compared to walking into one dealership blind. Elite Edge operates this way in South Florida. You don't pay us; dealers do when we place you. What you save is time, stress, and often money on the rate itself because we're comparing real offers from multiple lenders instead of you accepting whatever one dealer quotes. If you want to see how this works for your situation—and what rate and terms you might actually qualify for—the fastest start is the 60-second Pre-Qualify at eliteedgeautobroker.com/PreQualify or text/call (954) 907-2386.
Can a broker get me a better price on the car itself?
Not directly—the car's price is set by the dealer. But a broker can shop multiple dealers' inventory to find the same vehicle cheaper elsewhere, and can negotiate on your behalf before presenting offers.
What if I don't get approved after working with a broker?
You owe nothing; the broker only gets paid if a deal closes. If you're not approved, you walk away with no cost to you.
Do brokers work with all lenders?
Brokers typically work with a network of lenders, not all of them, but often more than a single dealership would shop—which is the advantage.
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