$$ Advice - 2015 Silverado LT 3500 SRW crewcab 4x4 w/ Diesel

nevadanick wrote:
Maybe you can ask Dave Smith in Idaho why they are still in business. Our local Ford dlr in a relatively small town sells about 100 a month. I cant even imagine what a dlr like Dave Smith sells a month where they have over a 1000 vehicles in stock.

VERY LOW OVERHEAD. Are you saying they make a few hundred dollars on each car - NOT SOLD ON THE INTERNET?

Here's a little reading for you. http://www.autodealermonthly.com/channel/dps-office/article/story/2006/09/dave-smith-motors-still-number-one.aspx

Maybe you can ask Dave Smith in Idaho why they are still in business. Our local Ford dlr in a relatively small town sells about 100 a month. I cant even imagine what a dlr like Dave Smith sells a month where they have over a 1000 vehicles in stock.

oughtsix wrote:

CKNSLS wrote:

nevadanick wrote:
If they sell them before they start paying flooring and they sell lots of em they can.

They will not stay in business making 1,900.00 per unit on a $65,000.00 dollar truck. Do you know how many units they would have to sell to pay their bills?

If they sold 50 a month (which is an outlandishly high number) that would be 95,000.00. That's a drop in the bucket towards overhead for these multi million dollar mega dealerships.

My dealer was very honest on how they stay in business on such low margins. They screw the other guy and pass the savings on to me! ;)

There is a lot of truth in your statement. Even if you meant it in jest! :)

CKNSLS wrote:

nevadanick wrote:
If they sell them before they start paying flooring and they sell lots of em they can.

They will not stay in business making 1,900.00 per unit on a $65,000.00 dollar truck. Do you know how many units they would have to sell to pay their bills?

If they sold 50 a month (which is an outlandishly high number) that would be 95,000.00. That's a drop in the bucket towards overhead for these multi million dollar mega dealerships.

My dealer was very honest on how they stay in business on such low margins. They screw the other guy and pass the savings on to me! ;)

glazier wrote:

CKNSLS wrote:

nevadanick wrote:
If they sell them before they start paying flooring and they sell lots of em they can.

They will not stay in business making 1,900.00 per unit on a $65,000.00 dollar truck. Do you know how many units they would have to sell to pay their bills?

If they sold 50 a month (which is an outlandishly high number) that would be 95,000.00. That's a drop in the bucket towards overhead for these multi million dollar mega dealerships.

How much would they make on a $65k truck?

They made $900.00 on mine.. $1900 holdback minus the $1000 under.. (plus the $3000 in rebates). I received a copy of the factory invoice. Now that's not to say there wasn't some kind of other factory incentive I'm not aware of like advertizing or something else, but I was really good with the deal. I think there might have been another $75.00 doc fees that I chose not to argue over. I register in SD, so I didn't pay sales tax in Washington where I bought it. I also paid cash so there was not a financing deal or trade in... I think my $65,575.00 truck was about 52K after rebates.

CKNSLS wrote:

nevadanick wrote:
If they sell them before they start paying flooring and they sell lots of em they can.

They will not stay in business making 1,900.00 per unit on a $65,000.00 dollar truck. Do you know how many units they would have to sell to pay their bills?

If they sold 50 a month (which is an outlandishly high number) that would be 95,000.00. That's a drop in the bucket towards overhead for these multi million dollar mega dealerships.

How much would they make on a $65k truck?

nevadanick wrote:
If they sell them before they start paying flooring and they sell lots of em they can.

They will not stay in business making 1,900.00 per unit on a $65,000.00 dollar truck. Do you know how many units they would have to sell to pay their bills?

If they sold 50 a month (which is an outlandishly high number) that would be 95,000.00. That's a drop in the bucket towards overhead for these multi million dollar mega dealerships.

If they sell them before they start paying flooring and they sell lots of em they can.

There are always a few who get exceptional deals (Or think they got one). But dealers are not going to stay in business making only $1,900.00 in profit.....on a $65,000.00 truck on a day in day out basis.