Posted by RodInNS on September 01, 2014 at 12:28:22 from (216.118.158.123):
In Reply to: J D Seller-CIH Parts posted by old bc on September 01, 2014 at 06:07:58:
I find these threads amusing... Dealerships go broke all the time. They appoint receivers and the court/receiver will make decisions about how to manage the mess and in a case like this will probably keep the lights on throughout and somebody will walk in as the new owner at a firesale price... and the ones holding the bag will be the shareholders.... if anything happens at all. Personally I find the idea of a 41% across the board price increase very improbable... If the situation is that bad that it would require that kind of increase to keep the lights on... then the patient is already dead on the table. 41%, I suspect... would be a full doubling of dealer gross margin and perhaps more.
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Today's Featured Article - When Push Comes to Shove - by Dave Patterson. When I was a “kid” (still am to a deree) about two I guess, my parents couldn’t find me one day. They were horrified (we lived by the railroad), my mother thought the worst: "He’s been run over by a train, he’s gone forever!" Where did they find me? Perched up on the seat of the tractor. I’d probably plowed about 3000 acres (in my head anyway) by the time they found me. This is where my love for tractors started and has only gotten worse in my tender 50 yrs on this “green planet”. I’m par
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