Stories from the Sales Frontlines

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Comments

  • jmonroejmonroe Member Posts: 8,989
    I would go out of my way to avoid buying goods and services that use children in advertising.

    I agree and I have done just that. I stopped going to a local restaurant years ago because of that even though I liked the place up until they started doing that. I think the people in business that know how to run their business don’t do that. It just comes across as too folksy and I don’t like the exploitation side of it either.

    jmonroe

    '15 Genesis V8 with Ultimate Package and '18 Legacy Limited 6 cyl

  • driver100driver100 Member Posts: 32,638
    I would go out of my way to avoid buying goods and services that use children

    I don't even like it when politicians show their big happy families. Do they really have to show me what wonderful family people they are. I would only base my decision to vote on what the candidate stands for, or the dealership, cute kids won't influence me, probably make me feel the politician or dealership is exploiting his loved ones.

    2017 MB E400 , 2015 MB GLK350, 2014 MB C250

  • driver100driver100 Member Posts: 32,638
    I think this was the guy Boomer was talking to about trading in his car that was in the compound for a new one;
    image

    2017 MB E400 , 2015 MB GLK350, 2014 MB C250

  • oldfarmer50oldfarmer50 Member Posts: 24,412
    "...Maybe they can bring their trade in on their own..."

    Now that's what I call being upside down in your trade. :blush:

    2019 Kia Soul+, 2015 Mustang GT, 2013 Ford F-150, 2000 Chrysler Sebring convertible

  • oldfarmer50oldfarmer50 Member Posts: 24,412
    "...I wonder if they are their actual children or actors..."

    A local car dealer used his actual daughter for years and she actually grew up on his commercials. Then he started using his grand daughter.

    Didn't stop Chrysler from giving his dealership the boot after about 40 years. Sad. :cry:

    2019 Kia Soul+, 2015 Mustang GT, 2013 Ford F-150, 2000 Chrysler Sebring convertible

  • benjaminhbenjaminh Member Posts: 6,713
    A few months ago I was contacted by my dealership. They sent me an email to tell me that my salesperson, who I'd bought two new Hondas from in the last 6 years, had suddenly retired. I think he was only about 55, and when I bought my last car in early 08 he told he was planning on staying in the business another 7 or 8 years. I liked him, and was looking forward to buying another car from him in maybe 4 years, when the first car I bought from him would be ten years old.

    Anyway, I'm wondering why he retired, and I know I'll probably never really know I wonder thought, if he really just suddenly decided to retire, maybe inspired by the recession? Or do you think he was pushed. I know it's totally speculation, and you can't really know, and maybe it's none of my business..... He was a very senior salesperson and very successful. He said he could pretty much write his own deals within reason without the approval of the higher ups.

    Anyway. It's already been a couple of months, and so it's rather late, but I was thinking about maybe writing a very short happy retirement card or something, and asking the dealership to give it to him? Is that a silly idea, or would a retired salesperson, whether voluntarily or involuntarily retired, appreciate a little touch like that from a customer he probably remembers? (I used to meet him briefly and say hi or chat for a couple of minutes usually about every 6 months when bringing in one of our cars for service.)
    2018 Acura TLX 2.4 Tech 4WS (mine), 2025 Subaru Outback (wife's), 2025 blue Outback (grown kid 1), 2018 Honda CR-V EX (grown kid 2)
  • jb_turnerjb_turner Member Posts: 702
    "http://www.nbcchicago.com/news/local/Honda-Driving-Employee-Fired-by-Dodge-.htm- l- "

    It would be nice to know the WHOLE story behind this.
    It seems as though NBC Chicago is getting their story from the lady who was fired and her friend.
  • snakeweaselsnakeweasel Member Posts: 19,593
    It wasn't like it was a 30 year ad run, it was more like a 3-5 year ad run. It was obvious that it was a totally different person as even facial features changed. It was an actress and they changed actresses twice during the campaign.

    2011 Hyundai Sonata, 2014 BMW 428i convertible, 2015 Honda CTX700D

  • driver100driver100 Member Posts: 32,638
    The story is at;
    drove honda - got fired

    The lady worked at the Dodge dealership for 3 years and got fired when she drove her graduation present - a new Honda in to work. Maybe tensions were high with the announcement. It isn't right but peoples livlihood and lots of money ate at stake - not easy.

    2017 MB E400 , 2015 MB GLK350, 2014 MB C250

  • cdnpinheadcdnpinhead Member Posts: 5,630
    . . .how nice it will be when the kid doesn't become a serial killer because "mommy wasn't there for me."

    Exactly.

    I played manager a number of years ago where I work, and was living in a hovel, relative to many of those who worked for me. Two people working bring in more money than one -- go figure.

    Is it worth it? It's the biggest experiment run in the last half-century. Are children raised by other than their parents (mostly the mother) going to work out well?

    Time will tell.

    My wife and I flushed hundreds of thousands of dollars down the chute on the theory that it mattered to have mom at home.

    Maybe we were stupid.
    '08 Acura TSX, '17 Subaru Forester
  • cdnpinheadcdnpinhead Member Posts: 5,630
    We have been doing for the last 5 years what they are trying to do now. The big difference is that we did not need the Goverment holding our hand.

    Mulally (sp?) has been doing good things. I got stung by my last Ford product, but I'm happy that the corporation seems to be recovering, without Big Brother.

    Hang in there!
    '08 Acura TSX, '17 Subaru Forester
  • driver100driver100 Member Posts: 32,638
    . Are children raised by other than their parents (mostly the mother) going to work out well?

    Just a quick opinion. I actually think a good child care program could be better than being at home, in many cases. The first year or two, it is probably better to have the child at home if possible...if the parents are knowledgeable and take an interest.. IMO from age about 2 on a good child care centre offers a more interesting day, and children learn to interact, and there's way more activities that most parents can't possibly do. Also, some women might not feel challenged looking after a child all day long...when they could have an interesting career. There could be some advantages to 2 incomes as well. Home or Childcare, they both have advantages and disadvantages, one isn't better than the other in every case, it depends on the people involved.

    Just an opinion from a teacher and observer.

    2017 MB E400 , 2015 MB GLK350, 2014 MB C250

  • fezofezo Member Posts: 10,386
    I notice that the Dodge dealer firing the woman with the Honda doesn't have any problem selling imports - he's got on his lot at the moment a Mitsubishi, a Lexus, 3 Nissans and a Toyota.

    I like his "We'll take the high road." Too late.
    2015 Mazda 6 Grand Touring, 2014 Mazda 3 Sport Hatchback, 1999 Mazda Miata 2004 Toyota Camry LE, 1999.
  • sterlingdogsterlingdog Member Posts: 6,984
    "Maybe we were stupid."

    I don't think so. There's something to be said for nurturing that comes best from the home, if possible. While social interaction with other children is important, it can also be achieved through going to parks, church events, neighborhood activities, etc. It appears that the first three years are the most crucial in laying a good foundation for security, support, and love. If mom can stay at home a year or two longer, it's just an added plus.

    Latch key children haven't had it easy either---old enough to stay alone, and alone enough to have problems. In recent years, after school programs have helped tremendously with this problem.

    The nuns used to say, "Give me your child until age six and I will give you a good Catholic for life." The expression has an important message. Whether it be a good child care facility or your own home, certain patterns will be set pretty much in stone by age six.

    Prenatal care and activity is also an interesting phenomenon. While pregnant with my great nephew, his mother played the piano daily and listened to foreign language tapes. My nephew drug her to every baseball game he could find because he loves the sport. Lo and behold. My great nephew is now twelve. He plays the piano beautifully, loves foreign languages, and had rather play baseball than eat. He is also a pretty good football and basketball player. Coincidence? Maybe; maybe not. It's just been interesting to observe.

    Richard
  • percussionistpercussionist Member Posts: 204
    "I like his 'We'll take the high road.' Too late"

    The story mentions that her last review from a manager was excellent - it does not mention why she was fired. The "high road" comment refers to the personnel file. Maybe she was caught stealing, or doing something dangerous on the property. Maybe she falsified records prior to being hired and her criminal check came in with a mark. Perhaps she received a moving violation four days earlier which gave cause to the dealer to fire her.

    The point is, we don't know why she was fired. All the story tells us is that she showed up in a new Honda (which was a gift) and was fired upon her arrival. The story implies heavily that the two facts are related. I would tend to believe they are not. In any case, without a contract she is an at-will employee and the dealer may release her for any reason. It sucks, but it's true.
  • snakeweaselsnakeweasel Member Posts: 19,593
    All the story tells us is that she showed up in a new Honda (which was a gift) and was fired upon her arrival. The story implies heavily that the two facts are related.

    The story does say that when asked why she was fired their response was due to the car. Of course its hearsay, but the story does link the two events.

    In any case, without a contract she is an at-will employee and the dealer may release her for any reason. It sucks, but it's true.

    Well they can't fire her for any reason. If the firing is in any way discriminatory they broke the law.

    2011 Hyundai Sonata, 2014 BMW 428i convertible, 2015 Honda CTX700D

  • percussionistpercussionist Member Posts: 204
    "Well they can't fire her for any reason. If the firing is in any way discriminatory they broke the law. "

    Yes, if it was discriminatory - but it would have to be defined under the law (age, weight, gender, religion, sexual orientation, etc.)

    I don't believe the law covers type of car you drive. Like I said earlier, it is a crappy reason, but there may be other reasons we are not aware of. As you pointed out, the only real link we have in the article is hearsay. I don't believe hearsay - a side effect of teaching high school for too long. :blush:

    ...although this is the look people give when you don't automatically believe their ridiculous stories! :surprise:

    As Judge Judy would say, "if it doesn't make sense, it's probably not true." It doesn't make sense that they fired this girl just because she pulled in driving a new Honda. It's a safe bet that many employees there do not drive Dodge products. She was fired for something else, most likely - we just don't know what that is from the article.
  • percussionistpercussionist Member Posts: 204
    "You should do the right thing and drive over to his house (you know, the one that's in foreclosure) and give them a ride. You probably should bring some cash as well. If the son is anything like his dad you will no doubt have to bail him out of jail before he can sign the contract."

    Boom, oldfarmer is almost completely right. Except, you should give this guy a new car and not charge him anything. Seriously, he obviously can't pay for it, and car sales are down, so just give it to him!!! Didn't I just see an article on here about a brand new Viper he might be interested in owning? Bring that one over - don't worry about his repo'ed car - that's no big deal, right? :sick:

    Seriously, I can't believe how nice a guy you are to even talk to this loser. The most I would have done for the guy is give him the phone number to the finance company (only if you guys arranged the financing). Other than that, give him the taxi company's phone number. :)
  • exb0exb0 Member Posts: 539
    Boom’s story raises a question. If a store pushes through too many bad loans, do banks raise their buy rates to cover for higher risk?
  • isellhondasisellhondas Member Posts: 20,342
    I suspect there was more to her firing than that.
  • lrguy44lrguy44 Member Posts: 2,197
    You develop a relationship with a bank. Give them good paper and they will try and do a marginal deal. Yes, every bank also keeps a very close eye on the portfolio with each dealer. If too many "good" deals go sour, they may look for dealer fraud.
  • madmanmoomadmanmoo Member Posts: 2,039
    That would 100% be a great thing to do. Your retired salesperson would greatly appreciate it. Do it! :)
  • driver100driver100 Member Posts: 32,638
    I suspect there was more to her firing than that.

    It would seem so, since the dealership says they will take the high ground.

    On the other hand she says she got an excellent review, and she has been there for 3 1/2 years.

    In Canada you can't just fire someone without just cause, like theft. She would have to have been given written notices and warnings before being fired, or would be given severance pay. It would be nice to know the real story.

    It does remind me I always wondered when I drove by the Ford plant in Oakville Ontario Canada. There were always other makes in the employee parking lot. I think the extra discounts for employees was supposed to stop that, but I guess if someone gets a good deal on a used car they aren't going to pass it up. I remember talking to a guy in the 60's and he worked at Ford, but drove a Plymouth. He said if you were there watching them being built you woulodn't buy one either. :surprise:

    2017 MB E400 , 2015 MB GLK350, 2014 MB C250

  • madmanmoomadmanmoo Member Posts: 2,039
    GM is shutting down 1,100 stores by October of 2010. They are required to buy back any leftover inventory from these stores which could potentially create another massive speedbump in their finances. If all of these stores decide to close immediately, then GM has a bunch of inventory that they must buy back.

    On the other hand, Chrysler/Jeep is undergoing a restructuring with their bankruptcy. They are closing 800 dealerships and are NOT required to buy back the inventory from these stores.

    So, I am wondering what is going to happen to this inventory. I thought that some other dealerships may purchase the inventory to supplement their own, but then quickly discarded that idea. I don't think these other dealerships are willing to take the risk on even more product right now.

    Do you think that the dealerships that are being closed will have fire sales? 50-60% off? Resale values will plummet across the board. What kind of overall effect do you think this will have?
  • driver100driver100 Member Posts: 32,638
    . I thought that some other dealerships may purchase the inventory to supplement their own, but then quickly discarded that idea.

    I think that is what will happen, the dealers lucky enough to survive will have to buy up the excess stock, they'll probably make it part of the agreement not to get cut off. In theory, these dealers will need the extra inventory because of all the new sales they will have. I don't expect you'll see 50 to 60% off because of this, maybe if there is a full bankrupcy.

    Speaking about names in the car business, how does Mr Madman work or is it Mr. Moo?

    2017 MB E400 , 2015 MB GLK350, 2014 MB C250

  • sterlingdogsterlingdog Member Posts: 6,984
    Moo, I just read an article on MSNBC yesterday that speaks to the left over inventory for Chrysler. Local dealers on the cut list have until June 9 to sell their inventory. The article definitely stated that there would be Fire Sales---even below dealer cost. They are expecting to discount $10k and up on vehicles. It was stated that a big loss was better than getting stuck with millions of dollars in inventory. They were saying that customers would get the deals of a life time, but that they shouldn't wait too long to purchase. The closer you get to June 9, the less choices you will have as to model, color, options, etc. Dealers will network with each other to meet requests from customers for certain models not in local stock.

    I guess that I should have waited to buy my new convertible. Can you imagine the deals that customers will get? Still, it would bother me taking such advantage of a poor broken dealer. It's one thing to get a good deal at invoice or close to it, but to buy way below dealer cost is like being a grave robber. Many people won't care. They'll suck the blood from the dead dealer. It is a shame in this world to witness such a thing.

    Richard
  • sterlingdogsterlingdog Member Posts: 6,984
    Why don't you just pick up the telephone and call your salesman at his home? Tell him that you appreciate his assistance over the years, and that you were sorry to hear that he had retired. If there is more to the story, you may find it out from the horse's mouth. More importantly, he will appreciate your kind gesture.

    Richard
  • sterlingdogsterlingdog Member Posts: 6,984
    I agree with you. I remain suspect as to the lady's reason for her firing. In the school business, we often had to fire at-will employees for various reasons. We always told them that though they were not under contract, they had the right to file a formal grievance and retain counsel. Ninety five percent took no action because they knew that they were guilty of the charges brought forth. It is not likely that this dealer fired the lady because of her Honda gift. IMHO, she just had a good excuse to use to justify her firing. Once again, the media found an interesting story to fill a 30 second gap in programming. :sick:

    Richard
  • madmanmoomadmanmoo Member Posts: 2,039
    There is a glut of inventory in the marketplace. The surviving dealerships have stock they are having a difficult time selling. Why would they add more vehicles to their already glutted inventory? That doesn't make a whole lot of sense to me. Just because some dealerships are closing, that doesn't mean that there will be a newfound interest in purchasing Chrysler/Jeep products.

    In regards to my name, drop the "Mr." and call me whatever you want. :P
  • madmanmoomadmanmoo Member Posts: 2,039
    Perhaps my thoughts about discounts were too much.

    I'm not sure I share your sentiments about the broken dealer. If they are being closed, that means they did not make the cut which means they were not performing. There are all sorts of reasons why this is happening. If they have to sell their product at a huge discount, that's what the market is bearing.

    I just wonder what this is going to do to overall values of these products and how it will affect our marketplace. Get the deals while you can. Noone gnashes their teeth and pulls out their hair when a furniture store goes out of business and has a huge sale. The customer just comes and buys up the store's inventory. The worst thing you could do is NOT buy anything from them. Then they have nothing at all to shore up their finances but inventory that noone wants.
  • fezofezo Member Posts: 10,386
    I disagree on the dealership that fired the lady with the Honda. The only other thing that had them in the news was a buy one get one free scam. I see no reason to give them benefit of the doubt. If they have a reason other than what has been stated let's hear it. This is far from the first time I've heard such a story.

    Since I'm not going to Illinois and buying a Chrysler i don't have much of a stake in this but the dealer doesn't sound right to me.
    2015 Mazda 6 Grand Touring, 2014 Mazda 3 Sport Hatchback, 1999 Mazda Miata 2004 Toyota Camry LE, 1999.
  • driver100driver100 Member Posts: 32,638
    just wonder what this is going to do to overall values of these products and how it will affect our marketplace.

    But will people be willing to save $1000s if there might not be a company around to honor the warranty? I am sure many would take the chance, but this might hurt the dealers still left even more. If selling off this stock at fire sale prices is the plan, then it is a poor one......one other thing we found in the book business....if you sell something too cheap people think there must be something wrong with it, and you actually sell less. You can sell a product for too little and make it seem really cheap, or damaged.

    It is also better to sell one car at cost price plus $1, than to sell 10 at a loss of $10,000 each. If this is the plan, Chrysler deserves to go down, unfortunately, it's kind of like jumping on their own sword to use an eloquent analogy (Richard will be proud).

    Thanks for clarifying the name thing mmm :D (no Mr.)

    2017 MB E400 , 2015 MB GLK350, 2014 MB C250

  • tidestertidester Member Posts: 10,059
    Do you think that the dealerships that are being closed will have fire sales? 50-60% off?

    Probably not if they follow the Circuit City model where the discounts were insulting. We got better discounts from CC when they had their monthly promotions. On the other hand, CEO Obama might require them to sell out at 29 cents on the dollar. ;)

    tidester, host
    SUVs and Smart Shopper
  • sterlingdogsterlingdog Member Posts: 6,984
    I had not looked at it from your perspective---furniture stores, etc. going out of business. I guess it is like the housing market; it's a buyer's market. Like you, I wonder about the overall values of the products. The value of my convertible would certainly go down. That's not a pleasant thought. Since I plan to keep it for several years, perhaps that won't matter too much.

    Richard
  • fezofezo Member Posts: 10,386
    It is also better to sell one car at cost price plus $1, than to sell 10 at a loss of $10,000 each.

    I would guess that would depend. If after you sell the one car at a $1 profit you still have the other 9 hanging there you might well be better off selling at a big loss.

    So far, admittedly early, I have seen no evidence of fire sale pricing.
    2015 Mazda 6 Grand Touring, 2014 Mazda 3 Sport Hatchback, 1999 Mazda Miata 2004 Toyota Camry LE, 1999.
  • sterlingdogsterlingdog Member Posts: 6,984
    Like Paul Harvey, we need the rest of the story. ;)

    Richard
  • driver100driver100 Member Posts: 32,638
    Actually, it does seem they will sell off cars at low prices. Here's some facts;

    The automaker sought approval in a bankruptcy court filing to terminate franchise agreements with 789 of 3,181 dealerships as of June 9.

    Toyota Motor Corp., which has only 1,200 dealers.

    Chrysler said 50 per cent of its U.S. dealers account for 90 per cent of overall sales, according to court documents.

    The U.S. automaker said it would not repurchase any new vehicles, tools or parts inventory from terminated dealers but will assist in finding buyers for stock, according to a memo to dealers that was obtained by Reuters.

    "The bankruptcy process that we are in allows us a once-in-a-lifetime chance to achieve a rightsized dealer body," Chrysler vice-chairman Jim Press said on a conference call. "We do not have enough production or sales to keep all the dealers alive or prosperous."

    The closure of the dealerships is also likely to flood the market with new and used vehicles from closed dealerships.

    Mike Jackson, chief executive of AutoNation Inc, the largest public dealership group, said he supported Chrysler's dealer consolidation plan as this was long overdue, but said it could put pressure on vehicle prices in the short term.

    "This is an unprecedented event in the midst of an unprecedented economic situation," Jackson said. "I think it's a relatively short-term painful event."

    "It's going to be an exceptional time for consumers," he added, referring to expected stepped-up incentives to clear inventory.

    Chrysler said the terminated dealers had 44,000 vehicles in the inventory and those dealers represent about 14 per cent of Chrysler's annual sales.

    It is surprising that Toyota just has 1200 dealers and Chrysler will still have twice as many as Toyota.

    2017 MB E400 , 2015 MB GLK350, 2014 MB C250

  • sterlingdogsterlingdog Member Posts: 6,984
    Don't forget that the government has promised to honor the warranties. That may give buyers the courage to pull the trigger.

    "...jumping on their own sword..."

    Some days, you are just better than others. :P

    "...the name thing..."

    You can always call him Scott. :D;)

    Richard
  • driver100driver100 Member Posts: 32,638
    I would guess that would depend. If after you sell the one car at a $1 profit you still have the other 9 hanging there you might well be better off selling at a big loss

    No, because after you sell the one for $1 profit....you add a new strip of chrome on the trunk on the other 9 and make it a new 2010 model. :)

    2017 MB E400 , 2015 MB GLK350, 2014 MB C250

  • driver100driver100 Member Posts: 32,638
    Don't forget that the government has promised to honor the warranties.

    Yes, I did forget that, but does it apply if there is a full bankrupcy?

    Reminds me of a political cartoon, a picture of Congress in session, with a Jiffy lube lift and repair bay right in the middle of the floor.

    2017 MB E400 , 2015 MB GLK350, 2014 MB C250

  • sterlingdogsterlingdog Member Posts: 6,984
    "...but will assist in finding buyers for stock..."

    Dealers who were cut are saying this morning that they have received no memos or calls from Chrysler offering this help. Interesting, isn't it?

    Richard
  • sterlingdogsterlingdog Member Posts: 6,984
    "...but does it apply if there is a full bankruptcy?"

    We'll know that after a year with Fiat. :P

    Richard
  • jmonroejmonroe Member Posts: 8,989
    I remember talking to a guy in the 60's and he worked at Ford, but drove a Plymouth. He said if you were there watching them being built you woulodn't buy one either.

    And the workers at Plymouth bought Fords for the same reason. It all comes clean in the wash, doesn't it?

    jmonroe

    '15 Genesis V8 with Ultimate Package and '18 Legacy Limited 6 cyl

  • mikefm58mikefm58 Member Posts: 2,882
    The customer just comes and buys up the store's inventory. The worst thing you could do is NOT buy anything from them. Then they have nothing at all to shore up their finances but inventory that noone wants.

    Any thoughts on doing a trade-in with the dealers on the chopping block, if the dealers would not pay off my trade-in and then declare BK? I've heard of horror stories like this happenning to others. I'm thinking of making a very low offer on a Dodge Challenger but am not sure how to protect myself from something like this happenning.
  • lrguy44lrguy44 Member Posts: 2,197
    The closure of the dealerships is also likely to flood the market with new and used vehicles from closed dealerships.

    Used cars are a non-issue. Some dealers have other franchises and will stay in business. Others will stay as used car dealers. Those that sell used iron to other dealers (direct or auction) will have no effect - same number of used product just fewer outlets. Also, some of the hitlst dealers are part of large dealer groups and can transfer new and used to other locations.
  • dtezladtezla Member Posts: 88
    I'm running a few days behind in posts, but I wanted to mention that my wife and I had this same decision to make 2 years ago when we had our son. We were already just making it by between our two incomes & it seemed money was always a bit tight. However, we did make the decision to have her stay at home. Two years later & I can honestly say things seemed easier having the one person home. The loss of income was offset by having less money withheld from my pay check in taxes & the out of pocket expenses for daycare didn't come into play. All in all, things are better. There is more time at home to enjoy being a family & less time doing "chores" since she is home all day and able to do those things when she gets a chance.
  • driver100driver100 Member Posts: 32,638
    Used cars are a non-issue.

    I think used cars could be a bit of an issue. Mainly if new Chryslers are selling for $10000 less, what does that make a used Chrysler worth. It could bring down the value of all used cars, maybe even below cost price.

    I think they have to think this through a little better. Maybe buy one, get one for half price, at least it moves more metal. Or like the tires, buy 3 and get one FREE.

    2017 MB E400 , 2015 MB GLK350, 2014 MB C250

  • lrguy44lrguy44 Member Posts: 2,197
    It may affect used Chrysler products to an extent,, but should not be much of a factor om other brands. IMHO you will not see 50% off sales - the inventory will be absobed.
  • joel0622joel0622 Member Posts: 3,299
    We are worried about inventory right now, as in not enough, Our Flex, Edge and Fusion inventory is low right now and Dealer Trades are getting hard. If the cash for clunkers thing goes through we think we may have a problem and are asking Ford to plus us on stuff as we speak. Luckly we bought 30 Fusions from a dealer who was closing a few months back or we would have really been screwed.

    Inventory is becoming an art. No one wants to sell out of an empty basket yet no one wants like the old days where we had cars coming out our ears and have to pay floor plan on them.

    I don't see excess liquidation of inventory for Chrysletr or Goverment Motors being a problem. They both have production idled right now, and GM despit all its problems was still the #1 manufacture the last two months. With plants idle inventory will drop quick and dealers will start snatching it up.
  • joel0622joel0622 Member Posts: 3,299
    If you bought an XYZ Chrysler for $25K 6 months ago and then today you can buy the same car for $15K I think that would crush the market on that car.

    We already see Chrysler and GM used product values slumping when we trade for them. Which we havwe been doing allot of. More GM then Chrysler.
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