View Single Post
  #5  
Old 07-05-2009, 04:10 PM
Charles Charles is offline
Senior Member
 
Join Date: May 2009
Posts: 10,348
Autos

Quote:
Originally Posted by Kamakiri View Post
Assumption #1 is correct, and dealers make thousands more on a used car, per.

There used to be a thing called "absorption rate" at a dealership, with the theory that service and parts paid all of the expenses of a dealership, and that the sales provides the profits, and is therefore the "gravy". This hasn't been so since cars started becoming bulletproof and people got used to doing oil changes at 6K rather than 3K, etc.
Interesting. I have no automobile dealers in my tiny circle of friends.

Thank you for your response.

Chas
Reply With Quote