08 Dodge Challenger
08-18-2008, 07:19 PM
#61
Auto Sales & Leasing
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Location: West Chester, PA
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Hey Bern what's going on? Where you been? Chuck & I could have used you in here. Nah, just messin' with you.
Anyway, we were basically just stating some facts on the slim profit margins on new vehicles. Then the Challengers came out and dealers were getting over list for them, because you know how it is, there's always those people who have to be the first to get one and pay tons of money for them.
I exported an Orange Challenger to Canada for $50k a couple of weeks ago. Now, 2 weeks later, I can sell the same car for $46k. As I said, they all come down eventually.
Anyway, we were basically just stating some facts on the slim profit margins on new vehicles. Then the Challengers came out and dealers were getting over list for them, because you know how it is, there's always those people who have to be the first to get one and pay tons of money for them.
I exported an Orange Challenger to Canada for $50k a couple of weeks ago. Now, 2 weeks later, I can sell the same car for $46k. As I said, they all come down eventually.
09-12-2008, 02:15 PM
#64
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i've been trying to find someone at Kelly Blue Book or Edmunds to write me checks for the 60+ vehicles i have in inventory for a looooooooooooong time but cant seem to find anyone willing to do so. So as said above an item is worth what someones willing to pay. The new car dealers are in a heap of trouble right now due to the current market conditions. They have one of the smallest ROI's (return on investment) of any other product on the market. I have a friend of mine that owns an appliance store. He makes more on a washer and dryer then dealers have made on a $30,000 vehicle. BUT THATS OK RIGHT ?!?! John Q Public is finally realizing that it just doesnt pay to buy new cars!! There are plenty of current model pre-owned's available and you can save thousands on those. But for those that HAVE TO HAVE NEW or HAVE TO BE THE FIRST KID ON THE BLOCK godbless ya...im just glad im not one of those. I sat with a guy the other day who buys a NEW car every 3 years...had he purchased a 1 year old car every 3 years his 4th one almost would have been FREE...do the math its not rocket science
I sell Nissans... 8 years in the biz.
If you want the latest, greatest, now... You pay. Period.
If you are willing to wait, fine. Wait.
That's the nice thing about shopping for a car, you don't have to buy it. It's not GREED. If you guys that aren't in the business saw how many people come in here trying to buy GTR's for list so they can flip 'em and make $15000 cuz that's what the market is, your heads would spin.
09-14-2008, 08:22 PM
#67
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