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Old 09-24-2008, 10:32 AM   #11
XDCX
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Join Date: Nov 2007
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Quote:
Originally Posted by rbuesinger View Post
I took over my Dealership a month ago and WOW. I never dreamed schedules and obsolescence could look so bad. Not only has it been operating on a less than efficient net to gross but was a serious victim of not paying attention before going on the RIM program. How about an obsolescence number of around $220K. Not just one year but over two years old. I'm working with my delco supplier and such but would like to know if anyone has a connection I haven't found besides "Bill Heard" at 50 cents on the dollar. I'd love to put that cash back in the business. There are GM and Jeep parts included.
Wow, based on the most recent news reports you may have the ability to buy the Bill Heard inventory at 50 cents on the dollar.

Here's a link to the most recent news report concerning Bill Heard's Dealerships: http://www.ledger-enquirer.com/292/story/449483.html
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