01-29-2011, 04:46 PM | #31 |
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Does anyone know for sure if the Barbera dealership has a real estate or capital loan with Chrysler Financial?
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01-29-2011, 07:03 PM | #32 |
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Yes he did or does. His tax evasion conviction stemmed from him having his dealer rewards checks made out to him personally and not his business. Its a sad story. He was the youngest person ever awarded a franchise. I believe he was only in his early to mid 20's. Still you gotta wonder why Chrysler didn't deep six him. My opinion is that they have not terminated him because I don't believe they could find a dealer to fill the point.
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01-30-2011, 08:35 PM | #33 | |||
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Quote:
Quote:
That said, there had to be a reason GMAC didn't extend a floorline - either the store wasn't viable or their were loans in place that no longer had sufficient collateral. Quote:
I do recall seeing an ad in the Classified Section of Automotive News a few weeks ago describing a store that sounded like Barbera's. As before, I don't know that market - I don't know if he has a desireable point or not. |
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01-30-2011, 09:44 PM | #34 |
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Article in New York Times
Here's an interesting article the New York Times ran last December - the article includes a Q and A session with Gary Barbera - click here
I'm just guessing, but my bet is the Prosecuting Attorney in Barbera's case wasn't amused. Six weeks later and members of the State Police are hauling off documents - is it just a coincidence? Final question - the article infers that Barbera's store is selling about 60% of the volume it did at its peak - did Barbera get a floorline? Is the link to his Chrysler website showing three vehicles in inventory incorrect? |
01-31-2011, 08:18 AM | #35 |
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Doesn't Chrysler's Dealer Agreement have a provision to address felons?
I guess I have one more question.
Doesn't Chrysler's Dealer Agreement have a provision which prevents individuals with a felony conviction from owning a dealership? Here's an excerpt from the New York Times article - "Now 46, Mr. Barbera recently pleaded guilty to one felony count of filing false tax returns." To be clear, I've never met Mr. Barbera and I don't have anything against him. It just seems odd that Chrysler allows his dealer code to remain active if it's correct his dealership doesn't have a flooring source and he's been convicted of a felony. |
03-31-2011, 11:40 AM | #36 |
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Update of Gary Barbera's Autoland
Since this thread still gets a lot of traffic from Google Searches, I wanted to update it with a post that was made in another thread:
I'm happy to hear the point is still active and they're selling cars in volume again. |
04-01-2011, 06:20 AM | #37 |
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Dealership now has a new Dealer Code
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04-01-2011, 09:29 AM | #38 |
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