Friday, June 26, 2015
Youngest son grew up with a father in the car business. At one point he sold cars for about a year. He was damn good at it but the ambiance of the business bothered him (smart kid).
Yesterday he bought a Certified Used Car, fair market value $20,000, for a shitload less. Bet that dealership is still reeling from that deal!
They tried the standard ploy of giving on the purchase price and making their profit in the box (Finance Office). Didn't work out for them. The only thing they got was the financing, and that was after he beat them down two points to where they were lower than his credit union. The old car dog in me thinks they made under $600 on the total transaction.
Do I feel sorry for them? No. I will always remember the philosophy of Arthur Floyd Kinsman, the working man's friend, Korean war marine, ex Green Bay Packer lineman, and one of the best managers I ever knew (and the foulest mouth I've ever heard).
"I will always give the customer the opportunity to pay FULL retail. I will take a $300 deal but only after grinding their tits off for six hours. It is only iron, and I can always get more iron".
Bunch of pussys in that dealership. They caved in three hours.
Great job son! I'm a proud papa today.