GM Inside News Forum - View Single Post - GM Puts $ 7,000+ Cash On The Hood Of A $ 31,340 H3

gardnet1 · 06-25-2008, 11:18 PM

Just because it has $9,500 on the hood, doesn't make that GM's profit. They could be losing a fortune but need to move the merchandise due to dealer hostility and agreements made with suppliers for minimum volume, etc.

My GUESS is that the dealers pay at least 75-80% of MSRP and GM potentially adds in more money in the form of rebates, promotionals, etc depending on sales climate.

06-25-2008, 11:18 PM	#34 (permalink)
gardnet1 Banned Join Date: Nov 2006 Location: Colorado Springs, CO Drives: 2008 Ford Escape Limited 2006 Ford Focus ZX4 Posts: 1,591	Re: GM Puts $ 7,000+ Cash On The Hood Of A $ 31,340 H3 Just because it has $9,500 on the hood, doesn't make that GM's profit. They could be losing a fortune but need to move the merchandise due to dealer hostility and agreements made with suppliers for minimum volume, etc. My GUESS is that the dealers pay at least 75-80% of MSRP and GM potentially adds in more money in the form of rebates, promotionals, etc depending on sales climate.