Where are the guys that said this is the yearly dip that we experience? Nowhere to be seen now.
There is no way this is "just" a dip. Some of the prices and price reductions I reckon some guys are losing a truckload of cash.
When you see prices drop from $200k+ to $150k - I pray the seller never bought that at peak because a grey dealer would never have that margin in a single piece. Losing $50k+ on a single piece is horrible and no one could sustain such losses at this magnitude.
$5k-$10k is significant. A $50k+ loss is business destroying for many smaller dealers.
|