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  • The Changing Model of Auto Dealerships Presents Long Term Investment Opportunity [View article]
    If auto manufacturers thought they could improve their dealer model, they would have long ago. A few big dealers make it easy for them, which they like because they're inherently lazy. (Who can doubt this having witnessed their past performance?)

    As for dealer chains being able to increase markups and profits, this is utter nonsense. Buyers can now easily access invoices, incentives and used car values on-line, and this trend will only continue to grow as time goes on.

    Savvy consumers even compare prices at DIFFERENT Wal-Marts, so they're now going to begin to overpay for vehicles? I doubt it. But I'll say this, whatever these guys are smoking it must be some terrific stuff!


    Oct 23 09:14 am |Rating: 0 0
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