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SVTPerformance's Chain of Restaurants
The Market
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Shelby GT500 Buy/Sell
Axzd plan pricing on new 2008 gt 500's
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<blockquote data-quote="Chris!" data-source="post: 8045643" data-attributes="member: 20497"><p>I'll tell you from experience.</p><p></p><p>the Profits arenot what they used to be. </p><p></p><p>There is pretty much NO front end gross anymore at ANY of the domestic brands unless its a specialty car on NEW cars.</p><p></p><p>The money USED to be made on the back end of the deal in the Finance box. However, since the economic downturn, there isnt much to be made there either.</p><p></p><p>Service Depts. carry dealerships. Its call service absorbtion, the amount that the Fixed ops (service depts, and parts depts) covers of the TOTAL variable ops (sales, finance, etc) expenses.</p><p></p><p>A dealership to make any money nowadays has to have a great (and busy) service department these days.</p><p></p><p>Your High-line dealers still make money on the front end. Other than that, its in Service and Parts. </p><p></p><p>Selling cars has become a Hobby for most dealers. Its sad, but its the truth.</p></blockquote><p></p>
[QUOTE="Chris!, post: 8045643, member: 20497"] I'll tell you from experience. the Profits arenot what they used to be. There is pretty much NO front end gross anymore at ANY of the domestic brands unless its a specialty car on NEW cars. The money USED to be made on the back end of the deal in the Finance box. However, since the economic downturn, there isnt much to be made there either. Service Depts. carry dealerships. Its call service absorbtion, the amount that the Fixed ops (service depts, and parts depts) covers of the TOTAL variable ops (sales, finance, etc) expenses. A dealership to make any money nowadays has to have a great (and busy) service department these days. Your High-line dealers still make money on the front end. Other than that, its in Service and Parts. Selling cars has become a Hobby for most dealers. Its sad, but its the truth. [/QUOTE]
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