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SVTPerformance's Chain of Restaurants
Road Side Pub
What's the most money you've lost on a car?
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<blockquote data-quote="13COBRA" data-source="post: 16243116" data-attributes="member: 138337"><p>I change our prices every 3-6 days, on every pre-owned vehicle on the lot. My average holding time is 29.6 days. </p><p></p><p>No, it was a customer's trade in. Traded for it on Friday and had it sold to a wholesaler for $15,800. Monday when they came to pick it up, the transmission had gone out. So we have to put a new transmission in it, $4k. Then the following week they came to pick it up, and the PCM/ECM had been shorted due to our mistake, so $2,500 there. At that point I made the decision to fix it and retail it to try and slow the bleeding. So we retailed it to a customer for $16k. A week later it was misfiring, $1,500. Then it needed a new harness, $1,800. Then the front brake calipers locked up and ruined the calipers, pads and rotors, $1,000.</p><p></p><p>I absolutely hate trading for Volvos.</p></blockquote><p></p>
[QUOTE="13COBRA, post: 16243116, member: 138337"] I change our prices every 3-6 days, on every pre-owned vehicle on the lot. My average holding time is 29.6 days. No, it was a customer's trade in. Traded for it on Friday and had it sold to a wholesaler for $15,800. Monday when they came to pick it up, the transmission had gone out. So we have to put a new transmission in it, $4k. Then the following week they came to pick it up, and the PCM/ECM had been shorted due to our mistake, so $2,500 there. At that point I made the decision to fix it and retail it to try and slow the bleeding. So we retailed it to a customer for $16k. A week later it was misfiring, $1,500. Then it needed a new harness, $1,800. Then the front brake calipers locked up and ruined the calipers, pads and rotors, $1,000. I absolutely hate trading for Volvos. [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
What's the most money you've lost on a car?
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