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Old 10-11-2008, 11:24 AM   #7
ssdd
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Join Date: Feb 2008
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Quote:
Originally Posted by s32741b View Post
chrysler is going to kill their dealers with 1. the new awful floorplan program. 2. new vpa type two-tier pricing 3. not buying paper on their own autos unless buyer is gold . 4. lack of new product. I think the final straw is when an 2009 unit is a year old and the dealer has to payoff 50% of invoice. I am a B level dealer and i checked the other day to see what i would pay on my inventory if the program was in now and i would to take $137500.00 out of working capital just for this month.
spot on, this is the "perfect storm" if you will pardon the pun...
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