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Dude, where did all the dealerships go?

657 messages, Last post on Dec 04, 2009 at 11:37 AM
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Replying to: boaz47 (Mar 11, 2009 8:22 pm) As for '08s I think Toyota was the only one caught flat-footed there, and they will have to offer $2000+ rebates on leftover '08s, which they are already doing. I think we will see them go well before 1-1-2010. But dealers face a year of cutthroat competition with each other, I would guess. So much for profit margins on new car sales.
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Replying to: boaz47 (Mar 11, 2009 8:22 pm) |
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Replying to: boaz47 (Mar 11, 2009 3:18 pm)
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Replying to: lemko (Mar 12, 2009 5:54 am) My dealer sells VW too, I thinking of doing that. My trade in might be too low. |
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Replying to: nippononly (Mar 11, 2009 8:31 pm) Motor Intelligence reported in February that Toyota sales were off 35.9 percent in the US. And Europe doesn’t look any better. Nissan was off 33.6 percent as of February. Now with the pictures posted of storage at the end of the year in 08. And with sales flat right now? How will they dump the cars? http://www.businessinsider.com/unsold-cars-around-the-world-2009-2 I say hold off and wait till the prices drop like ripe fruit. In consumers simply hold off till the 2010s hit the market the prices will have to drop. Or the companies will have to make artificial reefs with the left over cars. The cars are being stored in shipping lots and receiving lots, container ships. And the world isn’t buying.
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Replying to: boaz47 (Mar 12, 2009 8:40 am)
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Replying to: lemko (Mar 12, 2009 9:15 am) I like the idea. But there are no new cars with the drool factor of a GT 500. Did you ever think you would see that many cars stored at the Nissan test track? And the ones stored close to the shipping docks? Can you imagine a car that has sat in one of those lots for six months in the salt air? How about after a year? we should be able to get a great discount once the 2010s come out. There are still 08s in LA harbor. It will be like gone in 60 seconds.
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Replying to: boaz47 (Mar 12, 2009 9:32 am) Car dealers found after 81 vehicles vanished "Miranda Cervantes, the dealership's title manager, told the Scottsbluff Star-Herald she returned to work Tuesday after a day off and found the lot was virtually empty. She said the desks of Patch, Fait and Covello had been cleaned out. "It’s been a very surprising day,' Cervantes said. 'As soon as I came in, I knew something was wrong.'" Boy, you can't slip one by her....
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Replying to: fezo (Mar 12, 2009 9:53 am) "It’s been a very surprising day,' Cervantes said. 'As soon as I came in, I knew something was wrong.'" Boy, you can't slip one by her.... hahaha.. yes she is one sharp tack. I also got a kick out of the Toyota quote about trying to Borrow 2 billion from the Japanese government. It was like they said, we don't really need it we were just trying to leverage our assets and wonder if you had an extra 2 billion to toss our way. I am sure that press release was written by the descendent of the one that wrote on December 6, 1941. We are simply sending our sailors on a vacation cruise in the Pacific. Maybe the remark was made by Yokomata B. Madeoff. Distant relative of Bernie. They aren't as bad as our manufacturers but they sure lie like one. what was that song, "don't worry, be Happy"? or the guy from Wham, "Ya gotta have Faith.'? |
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had a little editorial on their newscast today where they mentioned that "some people are wondering" if the automakers might not be better off selling cars directly to consumers, rather than through dealerships. Edward Lapham pointed out that this wouldn't be in the automakers' favor, as right now all their product is paid for as soon as it leaves their sights (which is why dealers are suffering so much - THEY are the ones paying for it!). But to me it seems like it would be a huge benefit to the customers (us) - buying a car would be just like buying a loaf of bread, no haggling and hours wasted, no rude salespeople and ultra-annoying F&I people, just one fixed price, buy the car at what is essentially invoice in the present system plus a fee for transportation to your local delivery center. I kinda like it, and if enough dealers fold, we may be forced into such a system! |
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