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re: Under current interest rates IDK how car dealers with lots of inventory survive.

Posted on 10/27/23 at 3:05 pm to
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
424759 posts
Posted on 10/27/23 at 3:05 pm to
There were so many dealerships engaging in such predatory, short-term behavior in 2020-2021, I just don't see anyone caring.

Next up: housing.
Posted by GumboPot
Member since Mar 2009
119237 posts
Posted on 10/27/23 at 3:07 pm to
quote:

Next up: housing.



You are not wrong.

I've been monitoring real estate through Redfin on the Florida Panhandle. Inventory appears to be rising and prices are falling.

Posted by Tantal
Member since Sep 2012
14197 posts
Posted on 10/27/23 at 3:31 pm to
quote:

There were so many dealerships engaging in such predatory, short-term behavior in 2020-2021, I just don't see anyone caring.

Yeah, they had no problem bending people over when demand was high and inventories were low. I have no sympathy whatsoever.
Posted by LSUtoBOOT
Member since Aug 2012
12578 posts
Posted on 10/28/23 at 10:23 am to
quote:

There were so many dealerships engaging in such predatory, short-term behavior in 2020-2021, I just don't see anyone caring.

What goes around comes around.
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