Ferrari Mailing List: Re: NFC: Dodge Dealer's outrageous story in newspaper

[Brian E. Buxton (BrianBuxton]

I'll respond in a bit - have to get to the auction and try to grab a 
couple BMW's.

Brian



LarryT wrote:

> Hey Jeff -  you wrote <<MFR is financing all
>  
>
> > the cars sitting on a dealer's lot.>>
> >    
>
>    Possible I guess - But the letter from the dealer said he had $3 mil in 
> inventory.  I assumed he was saying he was paying the cost associated with 
> that - but perhaps there's some kind of shared responsibility for inventory?
>
> Maybe Brian B knows the details?
>
> LarryT
>
> https://www.nrahq.org/nrabonus/accept-membership.asp
>
> Free 1 year NRA membership to anyone interested!
>
> ----- Original Message ----- 
> From: "Jeff Greenfield" <coyote [at] acme-ltd.com>
> To: "LarryT" <l02turner [at] comcast.net>
> Cc: "The FerrariList" <ferrari [at] ferrarilist.com>
> Sent: Thursday, May 21, 2009 8:54 AM
> Subject: Re: [Ferrari] NFC: Dodge Dealer's outrageous story in newspaper
>
>
>  
>
> > I was wondering the same thing.
> >
> > I think it has to to with the cost of credit. The MFR is financing all 
> > the cars sitting on a dealer's lot. So, by reducing the number of 
> > dealers, they are reducing the number of cars sitting on lots unsold  that 
> > the MFR has to finance.
> >
> > Jeff
> >
> > Sent from my iPhone
> >
> > On May 21, 2009, at 7:29 AM, "LarryT" <l02turner [at] comcast.net> wrote:
> >
> >    
> >
> > > I read the ones being closed were not necessarily weak or failing -  they
> > > closed the stores that were not selling quantities of the major 
> > > franchises.
> > > Something like 61% of the dealrships sold a small % of the total  sales. 
> > > So
> > > those are being closed.
> > >
> > > Does anyoneelse wonder why closing sales outlets are a good thing?   Does 
> > > it
> > > cost Chrysler money to wholesale a car to a dealership?
> > >
> > > Maybe it's different than I think - which is - a dealership *pays*  for 
> > > the
> > > privilidge of buying cars at a reduced rate so they can turn around  and
> > > resell them to the public.
> > >
> > > How does closing the stores that are selling cars *save* money?   Does it
> > > cost Chrysler money to have those "lower performing" stores open?
> > >
> > > LarryT
> > >
> > > https://www.nrahq.org/nrabonus/accept-membership.asp
> > >
> > > Free 1 year NRA membership to anyone interested!
> > >
> > > ----- Original Message -----
> > > From: "Rick" <Forza355 [at] verizon.net>
> > > To: "Larry Turner" <l02turner [at] comcast.net>
> > > Cc: "The FerrariList" <ferrari [at] ferrarilist.com>
> > > Sent: Wednesday, May 20, 2009 7:18 PM
> > > Subject: Re: [Ferrari] NFC: Dodge Dealer's outrageous story in  newspaper
> > >
> > >
> > >      
> > >
> > > > Inferring from the letter, it sounds like he had a successful 
> > > > dealership
> > > > even in the bad economy and had it ripped away and given to another
> > > > dealership. I thought only the weak & failing dealers were supposed  to 
> > > > be
> > > > folded.
> > > >
> > > > Rick
> > > > ----- Original Message -----
> > > > From: Larry B
> > > > To: forza355 [at] verizon.net
> > > > Sent: Wednesday, May 20, 2009 7:09 PM
> > > > Subject: RE: [Ferrari] NFC: Dodge Dealer's outrageous story in 
> > > > newspaper
> > > >
> > > >
> > > > This is just a guess: the franchise agreement (or whatever the  relevant
> > > > contract might be called between the dealer and Chrysler)  presumably 
> > > > says
> > > > that Chrysler may, on something like 30 days' notice, freely  terminate 
> > > > a
> > > > dealer's franchise.
> > > >
> > > > I'm not saying it's a humane way to treat a dealer, and as I said  it's
> > > > just a guess.
> > > >
> > > >        
> > > >
> > > > > From: Forza355 [at] verizon.net
> > > > > Date: Wed, 20 May 2009 19:01:57 -0400
> > > > > Subject: [Ferrari] NFC: Dodge Dealer's outrageous story in newspaper
> > > > > CC: ferrari [at] ferrarilist.com
> > > > > To: larrybard [at] hotmail.com
> > > > >          
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