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

Posted on 10/27/23 at 3:15 pm to
Posted by GumboPot
Member since Mar 2009
119237 posts
Posted on 10/27/23 at 3:15 pm to
quote:

Most lots I have seen for the past few years hardly had any inventory on the lot.





I just bought my youngest a Toyota Tacoma 3 months ago and the Toyota lot (Northshore Toyota) was thin.
This post was edited on 10/27/23 at 3:23 pm
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
424759 posts
Posted on 10/27/23 at 3:17 pm to
Used lots are the ones who are going to hurt the most. I follow a lot of used car dealers on Youtube and it's getting bad. Holding/Carrying costs are going to eat them alive, b/c they can't even sell cars they bought at the peak wholesale.

It's a bad time to be a used car dealer if you over-extended in 21-22.
Posted by PrecedentedTimes
Member since Dec 2020
3128 posts
Posted on 10/27/23 at 3:18 pm to
quote:

Toyoda


Did you order it off Temu?
Posted by Cosmo
glassman's guest house
Member since Oct 2003
120601 posts
Posted on 10/28/23 at 10:21 am to
quote:

I just bought my youngest a Toyota Tacoma


You bought your 16 yo kid a brand new truck?
This post was edited on 10/28/23 at 10:21 am
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