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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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Replying to: nippononly (Apr 02, 2009 8:36 am) |
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Replying to: nippononly (Apr 02, 2009 8:36 am)
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Replying to: lemko (Apr 02, 2009 9:04 am) Do you know how many people out there would love to sell their present vehicle but can't because they owe more than it's worth? Walking away from mortgages has become driving away from car payments (until repo man gets there). Overpricing combined with super fast devaluation is the real disaster. |
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seems to vary greatly! I'm about to fill out the CSI for Livermore Audi, and frankly I'm going to give them pretty high marks. I gave Stoneridge Chrysler near top scores for each of the four purchases we made there back in the day too. Brick and mortars aren't going away, and they won't be nationalized either. I can't see mfr's wanting to run that business either. This is a shakeout. Buyers are more scarce and aren't interested in also-ran product right now. Those stands who had weak ledgers before are going close now, and possible ditto for those who had good finances prior but are saddled with less popular product now. I really don't see this changing the process like a bolt of lightning or something. Americans routinely abandon real value for perceived bargain, hence the need to negotiate to feel better about their purchase. Years ago when I was a buyer for Macy's, we tried a highly supported move to bargain price Revereware. Basically we took our sale price and made it our everyday price. For the season (half-year) sales dropped 38 or 39% as I recall. So we went back to sale rotation where we marked them up 60 points and then sold them for 50% off 50% of the time. Major increases at the same price point, and you still had to wait for the sale events. The average consumer isn't all that bright, but would like to think he is...
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Replying to: plan_man (Apr 02, 2009 9:45 am)
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Replying to: plan_man (Apr 02, 2009 9:45 am) Well, if state law prevents WalMart from selling cars, they will probably find a way around it if they decide to go ahead - WalMart usually does. While I've never really had a stellar new car purchase experience, I have had some OK ones, and I have developed some very satisfactory relationships with service departments at a couple of different local dealers. I also know how much they do for their local communities. I don't think it would be better to let them all fail in favor of buying cars at WalMart and Target. Where's THEIR bailout?
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Replying to: explorerx4 (Apr 02, 2009 5:28 pm) Whoa! Don't I feel powerful?!
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Replying to: nippononly (Apr 02, 2009 9:15 pm) |
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