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re: So, about that tariff: Just got hit with $11K adder notice

Posted on 3/7/18 at 5:04 pm to
Posted by buckeye_vol
Member since Jul 2014
35255 posts
Posted on 3/7/18 at 5:04 pm to
quote:

Why the frick would he (the retail dealer) be incurring $132,000 in additional costs?
Because he has his costs increased by $132,000?
quote:

Why the frick would the DEALER pay the additional material costs and not the end-customer?
Maybe the costs will get passed along, but we were basing it on the current costs and profit. Now you're saying he should be thankful so you can argue away those costs, because they're passed along as if he the costs aren't being eaten by someone.

But he still incurred an additional $132,000 in costs so I have no idea what kind of fantasy wealth manager math you're using.
Posted by BeefDawg
Atlanta
Member since Sep 2012
4747 posts
Posted on 3/7/18 at 5:37 pm to
quote:

Maybe the costs will get passed along, but we were basing it on the current costs and profit. Now you're saying he should be thankful so you can argue away those costs, because they're passed along as if he the costs aren't being eaten by someone.

But he still incurred an additional $132,000 in costs so I have no idea what kind of fantasy wealth manager math you're using.

Because again, he's the dealer, not the end-customer or manufacturer.

If he's making 10% profit margin on $5,280,000, this means that he is purchasing the units from the manufacturer for $4,752,000, or $396,000 each.

If he's really paying $407,000 for each unit, and only selling them for $440,000, then he's not actually going for a 10% profit margin now is he?

So why say you're going for 10% profit margin if you're end result is a 7.5% profit margin?


This whole story stinks. Not buying it.
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