- Apr 23, 2014
- 44,694
- 17,052
Inventories are Super Low.I read that new car production is at an all time low so that’s leading to low inventories and higher prices, less deals.
GM especially.
From Strike to COVID.
Basically built nothing all year at those PLANTs.
Our store stocks 350 New Vehicles month in/out.
We have 128 in stock.
Nobody is getting a deal on a CHEVY from us.
If the MSRP is 30k and GM gives the Consumer a 3k rebate you'd think you could buy said vehicle for 27k right?
Wrong.
Everyday we turn 5+ buyers away that are offering reasonable numbers according to normal market pricing.
Market is far from Normal.
That 30k vehicle that you should be buying for 27k is going to cost you 33k, or you won't be buying it.
Gross Profit is WAY UP, it's the only way to bridge the GAP, because when we run out we run out.
I'm killing it right now.
Commission check was 19k last month.
Sold a used Ram today, hemi Crew with 21k miles, remote start,power seats, cloth 2wd, we have 26k invested, I sold it for 38k.........
Not the best time to be buying a Car from me, unless you want to get smacked.