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Dude, where did all the dealerships go?

654 messages,  Last post on Nov 23, 2009 at 7:56 PM

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#162 of 654 Re: jb turner [nippononly] by fezo Mar 05, 2009 (8:24 am)
Replying to: nippononly (Mar 05, 2009 7:11 am) I suspect the cars that are going back to the manufacturer were financed by the manufacturer so essentially they are indeed going back to the bank.   I can't imagine a dealership bailout. Part of the plan to save the automakers (also a pretty doomed effort) is cutting down on dealerships. We simply can't afford as many as there are.   It's sad but i think it's inevitable.
#163 of 654 Re: this one is an [jb_turner] by explorerx4 Mar 06, 2009 (6:40 pm)
Replying to: jb_turner (Mar 04, 2009 9:18 pm) dealers don't own their new vehicle inventory.
#164 of 654 did anyone notice this one? by nippononly Mar 10, 2009 (9:04 pm)
It's heartbreaking:   US car dealer dies torching own vehicles   Following the closure of his dealership a week earlier, Pennsylvania car dealer Gregory Graham died of a heart attack while torching new vehicles that remained on his lot.   ....It was concluded that Graham, 61, died of a heart attack while he was burning the vehicles at his dealership in Ligonier, about 65km southeast of Pittsburgh.   Graham was a third-generation dealer selling Buick, Pontiac and Jeep vehicles. His grandfather, Albert, started Graham Colonial Motors in the 1920s. Graham’s father, Charles, later took over.   The dealership owed more than US$420,000 in 2008 federal tax liens and more than Us$11,000 in county property-tax liens, according to court records.   http://www.caradvice.com.au/25419/us-car-dealer-dies-torching-own-vehicles/   I wonder if he did it out of anger or because they were insured and he owed money on them. It's a VERY bad time to be a new car dealer. Replies to this message: carthell (Mar 10, 2009 9:32 pm) lemko (Mar 11, 2009 6:22 am) nippononly (Mar 11, 2009 8:14 am) dtownfb (Mar 11, 2009 8:24 am) gagrice (Mar 11, 2009 8:46 am) lemko (Mar 11, 2009 8:51 am)
#165 of 654 Re: did anyone notice this one? [nippononly] by carthell Mar 10, 2009 (9:32 pm)
Replying to: nippononly (Mar 10, 2009 9:04 pm) Ick, ick, ick. There was probably a better way to handle the situation. The IRS and the local gov't. gets every scrap of value left of his estate, and his family (if they're lucky) might have enough savings to bury him because he essentially canceled his life insurance policy upon lighting the first match.
#166 of 654 Re: did anyone notice this one? [nippononly] by lemko Mar 11, 2009 (6:22 am)
Replying to: nippononly (Mar 10, 2009 9:04 pm) What the heck was the point of torching the vehicles after his dealership closed? At that point, it really doesn't matter. Was it some futile angry gesture? Replies to this message: nippononly (Mar 11, 2009 8:14 am) dtownfb (Mar 11, 2009 8:24 am) gagrice (Mar 11, 2009 8:46 am) lemko (Mar 11, 2009 8:51 am)
#167 of 654 Re: did anyone notice this one? [lemko] by nippononly Mar 11, 2009 (8:14 am)
Replying to: lemko (Mar 11, 2009 6:22 am) That's what I was wondering.
#168 of 654 Re: did anyone notice this one? [lemko] by dtownfb Mar 11, 2009 (8:24 am)
Replying to: lemko (Mar 11, 2009 6:22 am) Wouldn't the vehicle go back to the manufacturer? Maybe he was upset with the manufacturer over floorplanning and wanted to send a message?
#169 of 654 Re: did anyone notice this one? [lemko] by gagrice Mar 11, 2009 (8:46 am)
Replying to: lemko (Mar 11, 2009 6:22 am) He hated Buicks & Pontiacs   I think the IRS and government meddling in business was probably his motivation. It is getting so much worse trying to go into any kind of business. Replies to this message: lemko (Mar 11, 2009 8:51 am)
#170 of 654 Re: did anyone notice this one? [gagrice] by lemko Mar 11, 2009 (8:51 am)
Replying to: gagrice (Mar 11, 2009 8:46 am) Shoot, I'd have taken those Buicks off his hands for him! As for the Pontiacs...eh...not much I care about except for the G8 GT.
#171 of 654 Not too much of a surprise here by michaell Mar 11, 2009 (1:32 pm)
I guess if you're going to steal, this is the way to get the most bang for your buck:   LA Times Article

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