Bullsh*t Barry. If the guy wasn’t making any money he wouldn’t have made millions in renovations at the insistence of Chysler4...he wouldn’t have $300,000 in parts inventory and he wouldn’t have a lot full of cars that he can now not sell.
I have no idea what you are commenting on or responding to.
I never said the guy wasn’t making any money.
I said I would like to see how he does on NEW car sales in comparison to other local dealerships.
Most dealerships make the bulk of their money from used car sales and from service.
Ever heard of business loans? From the article:
...Our facility was recently totally renovated at Chrysler's insistence, incurring a multi-million dollar debt in the form of a mortgage at Sun Trust Bank...
I'm sure he expected to be in business a long time and over that time repay those loans.