Forum Discussion
hoosiermark
Jan 15, 2018Explorer
Nice to see that finally people are talking about net profit. Having the money tied up, having other similar inventory, lack of demand, potential for repairs, time of the year, dealer marketing strategy, etc all play a roll in price new or used. The dealers make offers based upon making a profit, pure and simple. If they can turn 10 units and make $100K, why mess with 30 units to make the same $100K. When I was a banker, we used to price our loans on our asset mix. if we had a lot of car loans we raised our rates and lowered them on other loans that we needed to have a balance in our portfolio. We were a small bank trying to make a small profit, not trying to take advantage of anyone. Same for many RV dealers, large or small.
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