Who’d be a car dealer now? With new sales 20 per cent down and dropping, manufacturers moving to four-day weeks, dealerships closing and the used-car market awash with unsold vehicles, they must feel like turkeys being sized up for Christmas. And that’s before anyone has felt next year’s swingeing road-tax increases on post-2001 mid-sized vehicles and upwards.
Mark-ups are surprisingly thin — even in the good times there were few real goldmines among main dealerships.
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