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re: Are dealerships still charging above MSRP?
Posted on 12/6/22 at 7:26 am to DiamondDog
Posted on 12/6/22 at 7:26 am to DiamondDog
quote:
Seems like dealerships may be embracing the JIT model and no longer have to have vast amounts of inventory/financing on their balance sheets.
Yeah they’ve got to be happy not paying floor plan interest and still selling cars above market value. It’s a businessman’s dream really. Less cost more profit.
Posted on 12/6/22 at 7:58 am to Gee Grenouille
quote:Most people have no idea how much of a dealership’s expenses that is
floor plan interest
Posted on 12/7/22 at 10:04 am to Gee Grenouille
quote:
Dream
Until the factory nudges them out for not selling them fast enough. What goes around comes around.
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