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SVTPerformance's Chain of Restaurants
Road Side Pub
New Norm: Less Dealer Inventory
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<blockquote data-quote="13COBRA" data-source="post: 16582565" data-attributes="member: 138337"><p>Yep, that's excellent.</p><p></p><p></p><p></p><p>Service is about 30-40% gross...and out of that gross, they retain about 50% of that at the bottom line.</p><p></p><p>Sales is about 3-4% gross (max)...and out of that gross, they retain about 18% of that at the bottom line.</p><p></p><p>I'd MUCH rather have a standalone service department than a standalone dealership.</p><p></p><p></p><p></p><p>There are 785 Costcos across the United States. In 2018 they sold 650,000 cars. That's 828 cars per Costco, or 69 cars a month, per location. That's laughable haha My small store outsells that. If I had 784 other locations, I would eclipse that.</p><p></p><p>Not to mention, Costco gets their vehicles from dealerships haha</p></blockquote><p></p>
[QUOTE="13COBRA, post: 16582565, member: 138337"] Yep, that's excellent. Service is about 30-40% gross...and out of that gross, they retain about 50% of that at the bottom line. Sales is about 3-4% gross (max)...and out of that gross, they retain about 18% of that at the bottom line. I'd MUCH rather have a standalone service department than a standalone dealership. There are 785 Costcos across the United States. In 2018 they sold 650,000 cars. That's 828 cars per Costco, or 69 cars a month, per location. That's laughable haha My small store outsells that. If I had 784 other locations, I would eclipse that. Not to mention, Costco gets their vehicles from dealerships haha [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
New Norm: Less Dealer Inventory
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