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SVTPerformance's Chain of Restaurants
Road Side Pub
Q & A Session... - Ask a Ford Dealer
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<blockquote data-quote="13COBRA" data-source="post: 15267826" data-attributes="member: 138337"><p>Highway robbery is an interesting phrase. </p><p></p><p>Dealerships profit margins are at an all time low, and decreasing. With the amount of information available on the Internet, it's a perfect market system. The consumer has access to all of the same information dealerships do.</p><p></p><p>I can understand Administration Fees up to a few hundred dollars. I do know sone states allow theur dealers to charge extremely high ones. I'm pretty sure Florida has no regulatuons and dealers charge uowards of $700. Like I said earlier, dealers use it for different things; I use it for Employee Appreciation parties.</p><p></p><p>Different for different types of dealerships. Traditional stores pay a draw the a percentage of gross profit, and when you hit different unit levels you get a higher percentage per deal.</p><p></p><p>I would not consider either of them great retirement positions. They're both fairly high stress and very time demanding. </p><p></p><p>Since profit margins are declining, a lot of dealers have gone to a salary plus a flat unit bonus.</p><p></p><p>Thanks Bob, means a lot coming from you. </p><p></p><p>Sent from my SM-N920V using Tapatalk</p></blockquote><p></p>
[QUOTE="13COBRA, post: 15267826, member: 138337"] Highway robbery is an interesting phrase. Dealerships profit margins are at an all time low, and decreasing. With the amount of information available on the Internet, it's a perfect market system. The consumer has access to all of the same information dealerships do. I can understand Administration Fees up to a few hundred dollars. I do know sone states allow theur dealers to charge extremely high ones. I'm pretty sure Florida has no regulatuons and dealers charge uowards of $700. Like I said earlier, dealers use it for different things; I use it for Employee Appreciation parties. Different for different types of dealerships. Traditional stores pay a draw the a percentage of gross profit, and when you hit different unit levels you get a higher percentage per deal. I would not consider either of them great retirement positions. They're both fairly high stress and very time demanding. Since profit margins are declining, a lot of dealers have gone to a salary plus a flat unit bonus. Thanks Bob, means a lot coming from you. Sent from my SM-N920V using Tapatalk [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Q & A Session... - Ask a Ford Dealer
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