The cash management fund is obviously the dealer’s money. My understanding is that debits and credits are constantly flowing back and forth between mfr and dealer, and thus it works smoother if the dealer simply leaves funds in the cash mgmt account that Chrysler can deduct from when cars are purchased or add to when cars are sold that are Chrysler-financed.
Gotcha. Dealers are encouraged to let their gross profits build in this fund, and they’re electing not to. Nor would I.
Methinks the bottom cards in the house o’cards may be getting shaky.
MM