Lookers Happy - New car sales

Honest John Back Room » Motoring discussion
View Threaded
Wed 13 Aug 2014 18:20
Lookers Happy - New car sales - oldroverboy.

Interesting, an average profit of £500 per vehicle sol if you believe the figures.

www.theguardian.com/business/2014/aug/13/lookers-p...s

Reply | Report as offensive | Link
Wed 13 Aug 2014 18:32
Lookers Happy - New car sales - Bolt

They are building a new Showroom/workshop in my area so must be doing well.

Reply | Report as offensive | Link
Wed 13 Aug 2014 22:33
Lookers Happy - New car sales - oldtoffee

>>>4 out of 5 new cars sold are on credit.

Throw in the housing price bubble and what have you got ?

Reply | Report as offensive | Link
Wed 13 Aug 2014 22:34
Lookers Happy - New car sales - alan1302

Interesting, an average profit of £500 per vehicle sol if you believe the figures.

www.theguardian.com/business/2014/aug/13/lookers-p...s

No - it says they sold 120,000 cars and expect to make £60 million profit. That profit would include all the servicing/maintenence departments as well which will add to it.

Reply | Report as offensive | Link
Thu 14 Aug 2014 09:27
Lookers Happy - New car sales - Armitage Shanks {p}

Ford dealers used to have a sales promotion whey they put what purported to be the FOMoCo invoice for the car, on the windscreen, and sell it for that +£100.

Financial analysts suggest that the rising level of car sales is at least partly due to the the £2billion that has gone into people's pockets from PPI Mis-selling payouts.

Reply | Report as offensive | Link