monkey44 wrote:
And, this shopper / buyer will never for one second believe those folks on here that state dealerships only make profit in the hundreds and not in the thousands on a truck sale -- they'd never stay in business. Inventory in any business cannot survive on what would amount to one or two percent margin on a sale of a $30k product, which that "hundreds" profit would mean.
Believe what you want, but the margins on Automobiles are very thin. And an "X-plan" sale is a Ford employee sale which is basically a service the dealer is required to provide under their franchise agreement.
New vehicle sales is the lowest margin profit center in most dealerships. Parts, Body Shop, Service, accessories, Finance and used cars sales all have much better margins. There are exceptions, primarily exotic luxury brands, but dealers don't make double digit profits on new vehicle sales.
