He says he doesn't foresee the days of big stocking dealers coming back.
Acres of asphalt are expensive. People keeping those cars clean are expensive.
The floor plan?😣😣😣😣😣
He represents 7 dealerships. Their floor plan costs were in the million$ pre-covid. That is a hell of a lot of cars sold just to pay interest on having cars to sell. Even with fewer sales now, their profits are way higher.
I wonder if the manufacturers will try to force dealers to take on more inventory than they want to carry.