Last night Mr S. and I were watching TV when this Chevy commercial came on. I wasn't even listening to it at first..... until they said they were selling these Cruz's for 20% under MSRP. All of a sudden I was like whaaaat? 20%! That's a lot of percent. Who's next? I mean, it's not really a loss until it's on paper. You may go out of business, but until then it not a technical loss. When they start selling cars at a 20% discount - that is going to start showing up in the next quarter.
Friday, September 01, 2017
The haircuts begin.
Last night Mr S. and I were watching TV when this Chevy commercial came on. I wasn't even listening to it at first..... until they said they were selling these Cruz's for 20% under MSRP. All of a sudden I was like whaaaat? 20%! That's a lot of percent. Who's next? I mean, it's not really a loss until it's on paper. You may go out of business, but until then it not a technical loss. When they start selling cars at a 20% discount - that is going to start showing up in the next quarter.
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Millions of cars in Texas are now nonop. They can make it up. Plus, it get's those overfill cars into the market.
ReplyDeleteYeah. I don't know how much it costs to ship them there.
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