Slasher Sale is a promotional event used by car dealerships to sell pre-owned vehicles, by drastically reducing pricing for a limited time.
The Slasher Sale is an automotive promotional event popular with dealerships in the United States, Mexico and Canada.
[2] The majority of Slasher Sales use a variety of advertising and marketing techniques to create a high energy environment, in a carnival style atmosphere.
However, in many cases a group of dealerships will collectively participate in a Slasher Sale that takes place in an offsite area; sometimes advertised as a, "Tent Event."
Financing and approval is done on site with a paycheck stub or proof of income and a utility bill.