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SVTPerformance's Chain of Restaurants
Road Side Pub
Current New Vehicle Market
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<blockquote data-quote="Klaus" data-source="post: 16707556" data-attributes="member: 190070"><p>Maybe, maybe not. Cars are financed assets. Pricing is determined by the cost of capital required to finance them. It will not take much of a move in rates or unemployment to decimate demand. </p><p></p><p>Unemployment is going down, rates are going up. </p><p></p><p></p><p></p><p>Why is this relevant? </p><p></p><p></p><p></p><p>Is "return on sales profit" some kind of Canadian metric? </p><p></p><p></p><p></p><p>Well, if s carmaker said it you KNOW its true. </p><p></p><p>In other news, the Cookie Monster says "Cookies are good."</p></blockquote><p></p>
[QUOTE="Klaus, post: 16707556, member: 190070"] Maybe, maybe not. Cars are financed assets. Pricing is determined by the cost of capital required to finance them. It will not take much of a move in rates or unemployment to decimate demand. Unemployment is going down, rates are going up. Why is this relevant? Is "return on sales profit" some kind of Canadian metric? Well, if s carmaker said it you KNOW its true. In other news, the Cookie Monster says "Cookies are good." [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Current New Vehicle Market
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