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2015+ Shelby GT350 Mustang
Didn't see this one coming...
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<blockquote data-quote="GT Premi" data-source="post: 15499672" data-attributes="member: 121775"><p>That's just one of the ways "funny money" works. I bet your books were still in the black at the end of that month and for the year. </p><p></p><p>Saying you took a "loss" on a car doesn't tell the whole story. You have inventory. You have to move inventory. You have a bottom line to meet. You meet the bottom line.</p><p></p><p>If you sell a Fiesta at a 50% discount then sell a GT350 with a $15K markup, where did you "lose" money? The bottom line will still say you turned a profit. Dealerships have played that word game for decades. Take a "loss" on one car and not budge on a different car in inventory. It always offsets. That's why I don't buy the "we're taking a loss on this one" line.</p></blockquote><p></p>
[QUOTE="GT Premi, post: 15499672, member: 121775"] That's just one of the ways "funny money" works. I bet your books were still in the black at the end of that month and for the year. Saying you took a "loss" on a car doesn't tell the whole story. You have inventory. You have to move inventory. You have a bottom line to meet. You meet the bottom line. If you sell a Fiesta at a 50% discount then sell a GT350 with a $15K markup, where did you "lose" money? The bottom line will still say you turned a profit. Dealerships have played that word game for decades. Take a "loss" on one car and not budge on a different car in inventory. It always offsets. That's why I don't buy the "we're taking a loss on this one" line. [/QUOTE]
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2015+ Shelby GT350 Mustang
Didn't see this one coming...
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