[Donte Lindsey]

Until they get the chip shortage resolved, sales will suffer. It’s hard to sell what you don‘t have, and the lots around here are still pretty bare.

They are. Drove past Carman the other day and NuCar and saw tumbleweed rolling across the parking lot. I feel bad for the salesmen.

 

[Donte Lindsey]

They have more vehicles there than some, though a bunch seem to be used vehicles. Anchor Buick/GMC over in Elkton looks like they could play football between the vehicles on the lot.

Are you sure that wasn't you playing football in the lot? 😆

 

[Donte Lindsey]

Don't. They're selling cars now for ten times the profit they used to get, so their bonuses are at historic levels. Car dealership profits broke a record in 2021.

Turns out selling one car for $5,000 profit is more profitable than selling five cars for $500 profit per car, and pre-selling cars before they arrive at the dealership saves a lot of money on floor-plan loans.

I actually came on here to edit that comment after I talked to my buddy that sells Chevy's. They're doing exactly what you're saying plus more. Needless to say I won't be buying anything from him and my sympathy has dwindled.