|
Yesterday, I went into a stealership to make an enquiry on a CPO car. Having done my research and obtained valuation figures the car was overpriced by a whopping $3000! The CSA refused to budge. He said they were holding on to the stock they do have and sticking to their price no matter what. I walked away. I then tried another dealership and they were much more amenable to negotiation.
I was like: do you guys want to sell cars already or not?
It gives me some uneducated idea as to the situation. Some franchises are doing better than others or have changed their business model to keep selling cars. Others are sat on depreciating assets sticking to their guns. I think they might end up worse off because then your reputation is down and you have mostly old stock.
|