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Smart Shopper Got a Quick Question for a Car Dealer?
2394 messages, Last post on Nov 03, 2009 at 11:03 AM
You are in the Smart Shopper Forum. Your Hosts are kirstie_h & tidester
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Replying to: volvomax (Jan 07, 2009 12:22 pm) Say its a $20K car and they could have sold it for a $2K loss two years ago. Wouldn't it make more sense to take the $2K loss and use the $18K to build up inventory that sells faster and earn $2K or more in two years or keep it for two years and still have $20K sunk in something that doesn't move? Sometimes you have to take a loss and take it early.
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Replying to: snakeweasel (Jan 07, 2009 3:08 pm) Most dealers won't take a loss at all if they can help it. Even if it means sitting on inventory. If you have $3-5 million wrapped up in inventory, $20k isn't gonna make you or break you. However, taking losses on cars can and does get sales managers fired. Owners don't mind spending $$ on inventory. They DO mind it when you take a hit. Sales managers know this, hence the tendency to keep a car until you get what you want for it. These are new 07's in question, and sometimes you simply don't have a customer. Even if you do want to take a small loss. You can't do anything until you have a buyer. We had a leftover 07 XC90 until July 08. no buyer interested in the car. Finally, we found someone who paid what we wanted. We got out of the car, no loss.
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Replying to: volvomax (Jan 07, 2009 5:22 pm)
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Replying to: explorerx4 (Jan 07, 2009 5:36 pm)
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Replying to: volvomax (Jan 08, 2009 7:53 am) |
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Which of two identical cars would you consider to be worth more, A car with 100K with original motor or a car with 100K which had the motor rebuilt at 80K? I have my own ideas but I'm just curious what the rest of the world thinks. |
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Replying to: oldfarmer50 (Jan 10, 2009 9:47 am) |
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Replying to: oldfarmer50 (Jan 10, 2009 9:47 am) Rebuilts have their own risk after all----who did the rebuild, did they disturb various parts of the car, etc. Rebuilts also bring up doubts ----what's with these engines that they need rebuilding in 80K miles? So the "advantage' of the rebuilt is offset by the unmolested qualities of an original untouched motor. EXCEPTION: If it were 200K on a car with original engine, versus a rebuilt motor at 180K, I might think differently, but even there, the value would not be all that much. |
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Replying to: oldfarmer50 (Jan 10, 2009 9:47 am) tidester, host SUVs and Smart Shopper |
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Replying to: oldfarmer50 (Jan 10, 2009 9:47 am) It's very hard to verify what exactly was rebuilt in a motor, and if it was done properly unless paperwork is shown.
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