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Old 10-22-2009, 05:00 PM   #72
Jim Thompson
Thornton Chevrolet
 
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Drives: Golf Cart
Join Date: May 2009
Location: 10 mins west of Atlanta, GA
Posts: 339
Quote:
Originally Posted by sigma_1966 View Post
So their selling the vettes for $1500 less than what they paid ?.. plus pay you $100 .... no wonder GM is in trouble.

I own my own business and understand that businesses have to make money. I also know that mark up to retail is al ot more than 3% or 5% business could not survive on that kind of mark up. But maybe thats why GM is in trouble...
its not just GM. go to www.edmunds.com and search almost any manufacture and then take a look at invoice versus MSRP. in general no new vehicles have much profit these days
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