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Mon 24 Feb, 2020 12:03 pm
In the long run which of these two options will earn you the most money
1 A car that sits in a lot and never sales
2 A Person agrees to buy a car on time at the rate of one penny a week, No interest.
@Methen,
Option 1 clearly. If consumers could get a car for a penny a week, they would expect to get all cars for that amount. Better to get a fair price for 90% of your cars even if 10% sit for an extended time. Plus a car is always worth scrap which is far more than a penny a week.
@engineer,
and have you ever notice just how many used auto places go out of business every day with that attitude
@Methen,
A lot less than if they sold all their cars at a loss.
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