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To: Fuzz

Take the buyout and come back as Nissan or Toymotor or Lexus dealerships and laugh all the way to the bank.


7 posted on 12/20/2023 9:27:05 PM PST by Chad C. Mulligan
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To: Chad C. Mulligan
Half of Buick Dealers Take Buyouts to Avoid Having to Sell GM’s Electric Cars

What does it actually mean when a car dealership (I'm assuming that a so-called "Buick dealership" is entitled / allowed to sell ONLY vehicles from that one manufacturer) accepts a "buy-out?"

Does it mean that the dealership closes? Or that they terminate their contract with Buick, but are free to continue selling motor vehicles?

Are they, in essence, accepting an offer from Buick to prematurely end their "special business relationship" (like a "franchise?") in exchange for some pecuniary considerations?

Regards,

16 posted on 12/20/2023 10:15:11 PM PST by alexander_busek (Extraordinary claims require extraordinary evidence.)
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