Resigned for now
in response to
by
posted on
Nov 19, 2008 07:13AM
The ecomony is hurting big time....
Just came from a huge BMW store that did 300 hundred new cars in Sept....Oct they sold 80 cars and i am sure that it will be lower this month.....
Every new and used car dealer /body shop /mechanic / i talk to are in a panic......The guys who have enough cash put aside are dealing with it better..Those that are month to month can't sleep..
The BB land is for big risk takers.....Vegas and Atlantic city are on hard times.....Why would we think that PTSC would rise from the ashes now...
I do believe that with a MMP validation and Crossflo getting in with the Gov't that when lay offs end and the maket turns FLAT we might be a shinning star....
Until recently i have been holding my own in the car business....Just like the ARS situation the used car maket is ALMOST frozen.....Normally about 65% of the cars that run through the action are sold every week....Today it is about 33% some days in the low 20%...With that kind of markert most dealers are not a buyer....FEAR....