Well our Big Sale ended Saturday, and the volume was well below expectations. As with most of these Big Sales the Gross Profit per sale was pretty big. I think the final numbers were at $4600 average per deal. I'm going to say it again, buy a vehicle at one of these sales events and they'll stick it to ya'.
I personally don't mind when I buy a vehicle and a dealer makes a little money, but $4600 is pretty ridiculous. I guess that's to be expected when people don't educate themselves prior to buying.
I'm sorry I wasn't around for a couple of days, but clean up after the sale takes awhile. I have to get all the required docs for the lenders, package the deals to send to the lender, etc.
It's been funny though, it's like someone turned off the faucet. The sale ended and the dealership might as well be a ghost town. This whole economic down turn stinks. I hope we can pull out of this sooner rather than later.
I'm excited to say that I've begun some of my advertising, and so far the results have been great. Thanks to all who've dropped in. Please do not hesitate to contact me if you've got any questions about your upcoming purchase.
In the mean time...
Take care and beware,
J the Car Guy
Tuesday, April 22, 2008
Big Sale is Over
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