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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