Car Dealership
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260 Posts
Our is set up to deal 300 cars per month and service 42 at a time on the interstate. ~$13M plus inventory (~$8M in cars and parts). Cheap.
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21,466 Posts
A whole lot of money.
Nice dealer by the way. Every Chevy dealer should have that massive American flag.
Nice dealer by the way. Every Chevy dealer should have that massive American flag.
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260 Posts
To give you an idea of the scale of that flag...it covers two Tahoes and take a look at the trees. It takes wind over 30mph to get it flying.
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9,759 Posts
One of our's has the flag too. They even used to have a news weather camera with the American flag and Chevrolet flags in view.
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2,443 Posts
See this is what I don't understand, while I love it when dealers renovate as to not look like slum holes, how do you recover that huge cost?
Since Lexus/Toyota are pretty profitable, lets assume a profit of $5,000 a vehicle. That's 6000 cars to sell, without paying any bills or your employees. Given that you do in fact need to pay bills, lets say a 10,000 car time frame. That's huge. Of course I'm used to dealers that only sell maybe 5 cars a day, so my view may be skewed.
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2,443 Posts
Gorgeous. I'm a Canadian, but I wish my closest GM dealership kept the huge flag like that, personally it would make me feel good about going there, but alas, someone didn't like a Canadian flag being displayed in Canada, so they roll over and take it down.Our is set up to deal 300 cars per month and service 42 at a time on the interstate. ~$13M plus inventory (~$8M in cars and parts). Cheap.
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260 Posts
Just to give you an idea, we do not see the black each month until we sell 170 cars (new or used does not matter) after advertising and overhead. Very few service departments in the country are even profitable and parts goes along with service. We used to average 70 Silverado's per month and we are down to 15-25 so some things get scaled back.
$5000 profit per car is a dream
Our local Toyota store starts ever deal at $300 below invoice so I know they are not making $5000/car and they have a more expensive store than we!
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2,443 Posts
THat is amazing, I really thought they must be raking in at least that much on the higer end vehicles, maybe fro ma loaded Camry on up. I guess i was way too generous.Just to give you an idea, we do not see the black each month until we sell 170 cars (new or used does not matter) after advertising and overhead. Very few service departments in the country are even profitable and parts goes along with service. We used to average 70 Silverado's per month and we are down to 15-25 so some things get scaled back.
$5000 profit per car is a dream
I guess business isn't what it was a few year ago. THe fact that you need to sell 170 jsut to break even is crazy to me, considering my dealership might sell 100 vehicles a month total.
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18,522 Posts
To be honest I find such huge flags in these situations kind of offensive to a point. On a government building of course a flag should be there. But to have one on a car dealer or other commercial area just looks like they are trying to degrade the name of the country to push more product...
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2,443 Posts
I have a Canadian, American and provincial flag in my yard, not because I want to be better than anyone, I just think it looks good.
If I had a business I'd probably put one out front too, but maybe some people are different, personally it would be because I want to display the same respect where I work as i do at home.
What i find offensive is when someone comes from another country and sticks their German/ Slovakian flag out front without a Canadian one with it at least. If you like where you came from so much that you can't respect the place you came to, then maybe you should have stayed the hell home.
If I moved to the USA I wouldn't display only a Canadian flag, seems arrogant to me. Mind you I think I'd still have a Canadian one too, but it would be beside the American one, not by itself.
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883 Posts
We just moved into a new dealership less then 2 weeks ago, I imagine we sell under 50 cars per month. The shop has 10 lifts plus 2 lube racks and an alignment rack. Last I heard it cost around 4.5 million, my guess is it's probably a little higher then that, and continuing to rise as we are still getting settled. I picked the wrong time to move to parts, moving an entire parts department (albeit relatively small by most standards) along with decades worth of special tools really sucked. Sure is nice to be in a brand new place though.
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18,522 Posts
I have some Canadian flag in my house too
To be honest people displaying flags doesn't really bother me. Often you see people putting foreign flags on their balconies and such especially during the World Cup season but usually putting a Canadian flag next to it is impractical (ie lack of space). But then on 1 July the Canadian flags are everywhere
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38,101 Posts
As some wag said long ago, if you have to ask you can't afford it. :hooray:
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7,885 Posts
Our town, an entry level GM dealership, 250 new per year, old building. It would take 200k cash before you could finance the balance. GM will not let you take a mortgage on your house either, thinking if it doesn't work out, they don't want to kick you out of you house.
But that was back when there was P/B/GMC dealer and Chev/Olds dealer in a town under 20,000 ppl. A dealership could not survive on 200, new per year now.
But that was back when there was P/B/GMC dealer and Chev/Olds dealer in a town under 20,000 ppl. A dealership could not survive on 200, new per year now.
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