Bias Against Domestic Cars
in [Toyota]
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From: hls on 9 Jan 2010 10:55 "Ed Pawlowski" <esp(a)snet.net> wrote in message news:gcSdnV- > > Mike used to work for one of the big mega dealers. Some of their policies > may be different, but he seems to be unaware of what other small town > dealers do every day. > You could have just stopped at "unaware".
From: SMS on 9 Jan 2010 11:43 dr_jeff wrote: >> Don't think that the Toyotas or Hondas you see on a Ford, GM, or >> Chrysler lot were traded in for a new Ford, GM, or Chrysler--in most >> cases they weren't. The used Ford and GM vehicles are wholesaled out >> to those used car lots that are usually scattered along auto rows. The >> Ford and GM dealers make more (per vehicle) selling used Toyotas and >> Hondas than they make selling new Ford and GM products. > > Stop it now! How dare you use knowledge and logic to deflate Mike > Hunter's words. Seriously, this is a rarity. Usually, his logic is > convoluted and false, that he defeats himself. Considering how he shoots > off his mouth about auctions and having owned so many dealerships, one > would think he knows about what he is talking. Whatever. I still think his funniest bit of lack of knowledge was about how warranties work. He is one very clueless individual.
From: Mike Hunter on 9 Jan 2010 12:12 Get real, of course some dealers MUST by and sell use cars, never said they did not. What I DID say was any VIABLE dealership, that is selling its allocation, never NEEDS to buy used car, only to SELL off his extra used cars. Any new car dealer, foreign or domestic, that is regularly buying used cars, is in trouble If we did buy new cars we bought them from the brand manufactures. We did so by taking those that were not taken by other brand stores, because they were NOT selling their monthly allocations. When the partners were looking to buy another dealership, the ones we looked for were those that NEEDED to buy used cars. Ideally a new car dealer would love to never have to trade a car and tie up his money, let alone NEED to buy them. As I said, dealers tend to buy their own brands from their own brand auctions, not off brands. The Toyotas one sees on domestic lots were indeed traded on domestics, just as the domestic one sees on an import brand lot, were traded on an import. If you want to see a brand that is in the tank, look at all the Scions traded on domestic and other import brands. Scions were intended for the Generation Y intenders, as a lead in brand for buyers to eventually move up to Toyota then up to Lexus but Scions sales have been tanking since 2005 the same as is the Tundra. Scion is currently off nearly 80% from its best year. Annual sales for Scion were down below 170,000 in 2009, and the buyers average age is 45, not far below to Toyotas buyers ever increasing average age of 50 years old for men and 42 years old for woman. In comparison Ford sells over 200,000 Interceptors annually and with NO available retail CV. "Ed Pawlowski" <esp(a)snet.net> wrote in message news:gcSdnV-P9Mq_LNrWnZ2dnUVZ_rWdnZ2d(a)giganews.com... > C. E. White wrote: >> "Mike Hunter" <Mikehunt2(a)lycos,com> wrote in message >> news:4b4779a0$0$10416$ce5e7886(a)news-radius.ptd.net... >>> That may be your opinion but one would suggest that your stop by you >>> local GM, or other domestic dealership, and count all of the so >>> called superior imports you see on their use car lots, that were >>> traded in for a domestic brand. >> >> Is this theory of yours valid? >> >> It seems to me that the local new car dealers in my area mostly off >> load all but the very best trade-ins to either local independent lots >> or auctions. They only keep the very best trade-ins and many of the >> used cars for sale at local new car lots are actually cars picked up >> from rental car auctions. I know the local Ford dealer has a bunch of >> used Toyotas on the lot, but they all appear to be former rental cars, >> not cars traded in for new Fords. > > No, his theory is not valid. At least in my town. The local > Buick/exPontiac dealer gets a lot of cars at auction and sends a lot of > cars there too. He has a minimum that he will handle in terms of age and > quality. The rest he takes in trade go to the other local dealers, as you > noted. > > I was at the Caddy/ex Old dealer in town. He took a Lincoln in trade and > called the local Ford dealer.. He sold it over there. He mentioned that > they often swap cars amongst themselves as Mikey did point out, a used > same model often does sell better at the new car dealership of the same > brand. > > Same with the Chevy dealer. I know people that have traded at his shop > and a few days later the trade would be sitting for sale up the street at > the low end dealer's place. Some dealers do very well specializing in the > low end 5+ year old stuff that a new franchise won't touch. > > I passed the Buick dealer on my way home today. He has a red Lucerne on > the lot that he sold twice before. It originally came from the gold > tournament a few years ago. He handles a lot of "program" cars. He also > says he makes more on them than the new cars. > > My grandson also works part time for a Subaru dealer. He takes cars as > far as 200 miles and swaps them, both new and used. Most of the used he > brings in are from auctions and yes, the majority are Subaru. > > Mike used to work for one of the big mega dealers. Some of their policies > may be different, but he seems to be unaware of what other small town > dealers do every day. > > >
From: Mike Hunter on 9 Jan 2010 12:18 I'll put my 50 years experience in all facets of the automobile business up against your unsupported opinions anytime LOL "dr_jeff" <utz(a)msu.edu> wrote in message news:j5CdnXdv87-0WNrWnZ2dnUVZ_hpi4p2d(a)giganews.com... > SMS wrote: >> clare(a)snyder.on.ca wrote: >> >>> If the Toyotas didn't hold their value so well I'd likely be driving >>> them now, but I buy what I can buy 5 years old for $5000 - $6000 with >>> 100,000km (60,000 miles) on them and Toyotas don't fall into that >>> price range up here even with 300,000 kms. >> >> That's the basic problem with Toyotas (and Hondas), they are usually a >> bad deal to buy used because they retain so much of their value. >> >> Another issue is that new Toyotas are heavily discounted so even a >> half-conscious buyer can buy a new one for less than what an uninformed >> buyer can buy a used one for. >> >> I have one acquaintance that works at a Toyota dealership and I asked him >> why there were so few used Toyotas on the lot and he explained it to me. >> Most of the used Toyotas are sent to other Ford, GM, and Chrysler >> dealerships that are owned by the same automotive group. Used Toyotas on >> a Ford, GM, or Chrysler lot will fetch a higher price than used Toyotas >> on a Toyota lot. Someone visiting a Toyota lot either knows that they can >> get their new car for well-under invoice, or is dumb enough to pay MSRP, >> but they're not going to pay top-dollar for a used Toyota like the >> visitor to the Ford or GM lot. We actually did buy a used Toyota from the >> Toyota dealership, one they had had on their lot for six months and were >> desperate to get rid of so they let it go for what seemed to be a good >> deal. Of course the problem with a used car is that the bumper to bumper >> warranty is much shorter so that's the risk you take. >> >> Don't think that the Toyotas or Hondas you see on a Ford, GM, or Chrysler >> lot were traded in for a new Ford, GM, or Chrysler--in most cases they >> weren't. The used Ford and GM vehicles are wholesaled out to those used >> car lots that are usually scattered along auto rows. The Ford and GM >> dealers make more (per vehicle) selling used Toyotas and Hondas than they >> make selling new Ford and GM products. > > Stop it now! How dare you use knowledge and logic to deflate Mike Hunter's > words. Seriously, this is a rarity. Usually, his logic is convoluted and > false, that he defeats himself. Considering how he shoots off his mouth > about auctions and having owned so many dealerships, one would think he > knows about what he is talking. > > Jeff
From: Mike Hunter on 9 Jan 2010 12:29
Naturally you are free to believe whatever you choose, dr_jeff, no mater how convoluted your reasoning may be. By the way, you forget to answer my question, asked in a previous post. How much does it cost one today to earn a Doctorate Degree in the History of Education? Two of my daughters have earned their Doctorate Degrees, one in Math the other in the History of Education. I'm curious what todays costs may be. One of my grand daughters is considering whether to go after a Doctorate Degree in the History of Education. "dr_jeff" <utz(a)msu.edu> wrote in message news:j5CdnXZv879bWNrWnZ2dnUVZ_hpi4p2d(a)giganews.com... > Mike Hunter wrote: >> You and your friend are full of it, all brands return more in their own >> store, period. When we traded a domestic on an import in one of our >> import stores we sold it at our domestic store and visa versa, dummy > > So what? That was back in the last millenium. > >> We ALWAYS made a higher gross profit on new and used Toyotas in our >> Toyota stores than our domestic stores because Toyota buyers were >> convinced they were "better," not because they were better. > > This is a new millenium. No need to do name-calling in this one, either. > >> If you doubt that dealers earn more on imports, look at the difference in >> ratio of wholesale to retail in the NADA Guide, for imports and >> domestics. The dealer earns more on imports because they can trade >> imports for LESS and sell more of the smoke and mirrors packages to >> import buyers. We even made more profit in our import stores with our >> $20 HIGHER shop rates, as well. >> >> Toyota touts retail value, but the Toyota buyer never see that value when >> they trade on another Toyota. You will NEVER get wholesale for your >> Toyota trade at a Toyota store. > > If want to believe that, go ahead. > >> "SMS" <scharf.steven(a)geemail.com> wrote in message >> news:4b477e47$0$1584$742ec2ed(a)news.sonic.net... >>> clare(a)snyder.on.ca wrote: >>> >>>> If the Toyotas didn't hold their value so well I'd likely be driving >>>> them now, but I buy what I can buy 5 years old for $5000 - $6000 with >>>> 100,000km (60,000 miles) on them and Toyotas don't fall into that >>>> price range up here even with 300,000 kms. >>> That's the basic problem with Toyotas (and Hondas), they are usually a >>> bad deal to buy used because they retain so much of their value. >>> >>> Another issue is that new Toyotas are heavily discounted so even a >>> half-conscious buyer can buy a new one for less than what an uninformed >>> buyer can buy a used one for. >>> >>> I have one acquaintance that works at a Toyota dealership and I asked >>> him why there were so few used Toyotas on the lot and he explained it to >>> me. Most of the used Toyotas are sent to other Ford, GM, and Chrysler >>> dealerships that are owned by the same automotive group. Used Toyotas on >>> a Ford, GM, or Chrysler lot will fetch a higher price than used Toyotas >>> on a Toyota lot. Someone visiting a Toyota lot either knows that they >>> can get their new car for well-under invoice, or is dumb enough to pay >>> MSRP, but they're not going to pay top-dollar for a used Toyota like the >>> visitor to the Ford or GM lot. We actually did buy a used Toyota from >>> the Toyota dealership, one they had had on their lot for six months and >>> were desperate to get rid of so they let it go for what seemed to be a >>> good deal. Of course the problem with a used car is that the bumper to >>> bumper warranty is much shorter so that's the risk you take. >>> >>> Don't think that the Toyotas or Hondas you see on a Ford, GM, or >>> Chrysler lot were traded in for a new Ford, GM, or Chrysler--in most >>> cases they weren't. The used Ford and GM vehicles are wholesaled out to >>> those used car lots that are usually scattered along auto rows. The Ford >>> and GM dealers make more (per vehicle) selling used Toyotas and Hondas >>> than they make selling new Ford and GM products. >> |