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Cobra Forums
2020+ Shelby GT500 Mustang
Woohoo banks are finally open!
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<blockquote data-quote="13COBRA" data-source="post: 16241762" data-attributes="member: 138337"><p>You don't read very well.</p><p></p><p>1. Yes, $2k PER dealership to enroll. I don't sell enough Mustangs in a calendar year to roll for any more than 1 of each. So I purchased 7 additional allocations from other small dealerships. In order to purchase them, I had to pay their enrollment fees.</p><p></p><p>2. I will own MY allocation for invoice less holdback and sell it for MSRP. The other cars I will own five of them for MSRP and sell them for $1,000 over, and then own one car for $500 over MSRP and then the final car was purchased at $2,500 over MSRP. I also purchased the GT350s, at invoice, and am selling them for $1,000 OVER invoice. If you take ALL 16 cars (GT350s and GT500s), and average out the profits, it will fall between $500-1,000 per car.</p><p></p><p>3. No, you are not a math expert. However, I bet your math is better than your reading comprehension.</p><p></p><p></p><p>Hopefully this sheds some light on your lack of knowledge on the subject.</p></blockquote><p></p>
[QUOTE="13COBRA, post: 16241762, member: 138337"] You don't read very well. 1. Yes, $2k PER dealership to enroll. I don't sell enough Mustangs in a calendar year to roll for any more than 1 of each. So I purchased 7 additional allocations from other small dealerships. In order to purchase them, I had to pay their enrollment fees. 2. I will own MY allocation for invoice less holdback and sell it for MSRP. The other cars I will own five of them for MSRP and sell them for $1,000 over, and then own one car for $500 over MSRP and then the final car was purchased at $2,500 over MSRP. I also purchased the GT350s, at invoice, and am selling them for $1,000 OVER invoice. If you take ALL 16 cars (GT350s and GT500s), and average out the profits, it will fall between $500-1,000 per car. 3. No, you are not a math expert. However, I bet your math is better than your reading comprehension. Hopefully this sheds some light on your lack of knowledge on the subject. [/QUOTE]
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2020+ Shelby GT500 Mustang
Woohoo banks are finally open!
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