why is GM closing dealerships??

[Paddington]

When cars don't sell, the dealers put heavy pressure on GM to help move them with heavy incentives. In the long term this damages GM by cutting into profits, hurting resale values, and damaging the brand by making goods seem like "damaged merchandise" (as one Toyota salesman put it). The fact that they have more dealers (plus more excess factory capacity) means that GM spends a lot more on these incentives than their competitors. They're tackling both right now by closing dealerships and factories, which are necessary moves.

 

[holden j caufield]

to me it seems like they knew they were closing but requested the bailout money anyways. Just another huge scam IMO take billions and then declare bankruptcy.

 

[LegendKiller]

Originally posted by: holden j caufield
to me it seems like they knew they were closing but requested the bailout money anyways. Just another huge scam IMO take billions and then declare bankruptcy.

The money was never intended to completely prevent BK.

 

[SP33Demon]

Originally posted by: alkemyst

Originally posted by: SP33Demon
Nope, didn't even know you responded in another thread. I just can't believe that you think stock and shares are not the same in the investment world and work with mortgages.

stock and shares are not the same.

Are you retracting your earlier statement now that you've read the definition? /popcorn.

dude you quoted me in that other thread 😕

serious troll is serious.

Backpedal, duck, dodge: I'll take that as a yes on the retraction. How I love me some toast with my Alky in the morning. /chuckle

 

[Codewiz]

Originally posted by: alkemyst

Originally posted by: Codewiz

See once again, you are making assumptions....

When I said, "From everything I have read online and otherwise", I was SPECIFICALLY talking about the whole warranty repair issue.

Primary I was speaking my experience with a buddy who is a service manager at a Dodge Dealership. They have always been willing to service ANY chrysler car. I also knew that GM has the exact same policies. So based on that, I was speaking from the facts as I knew them. They were correct and I just didn't realize that many dealerships just ignored it.

Keep digging deeper, we all see it except you.

Right...and the main problem is getting reimbursed. Go look up that service manager on google and see what he says about that reimbursement happening once Chrysler breaks off their relationship with the dealership.

Seriously? Are you this dense? The moment Chrysler breaks off the relationship guess what? THEY ARE NO LONGER A CHRYSLER DEALERSHIP. That has nothing to do with the ORIGINAL question.

You are now trying to REDEFINE the question so you can be right. Let me explain the question to you in SIMPLE SIMPLE SIMPLE WAY EVEN A DIMWIT LIKE YOU CAN UNDERSTAND.

-Guy lives in a town x.
-In his town x there is a Chevy dealership.
-Guy wants a GMC vehicle not a chevy.
-GMC Dealership is 1 hour away in town y.
-If he drives 1 hour to buy the GMC vehicle in town y will the Chevy dealership perform warranty service on his GMC vehicle in town x.

That is the question. BOTH are GM dealerships. Both are GM vehicles. They are just different GM brands. TECHNICALLY and by policy the Chevy dealership should have ZERO issues with warranty repair because GM has no issues reimbursing GM dealerships for warranty work. I was correct about it being policy to do the repair without problems. I was incorrect in thinking that dealerships followed the policies.

Your stupid comment about them no longer being GM dealerships would OF course throw a wrench into it. They would no longer have a relationship with GM.

I think my 7 month old son has more understanding of the world around him than you.

 

[SP33Demon]

Originally posted by: Codewiz

Originally posted by: alkemyst

Originally posted by: Codewiz

See once again, you are making assumptions....

When I said, "From everything I have read online and otherwise", I was SPECIFICALLY talking about the whole warranty repair issue.

Primary I was speaking my experience with a buddy who is a service manager at a Dodge Dealership. They have always been willing to service ANY chrysler car. I also knew that GM has the exact same policies. So based on that, I was speaking from the facts as I knew them. They were correct and I just didn't realize that many dealerships just ignored it.

Keep digging deeper, we all see it except you.

Right...and the main problem is getting reimbursed. Go look up that service manager on google and see what he says about that reimbursement happening once Chrysler breaks off their relationship with the dealership.

Seriously? Are you this dense? The moment Chrysler breaks off the relationship guess what? THEY ARE NO LONGER A CHRYSLER DEALERSHIP. That has nothing to do with the ORIGINAL question.

You are now trying to REDEFINE the question so you can be right. Let me explain the question to you in SIMPLE SIMPLE SIMPLE WAY EVEN A DIMWIT LIKE YOU CAN UNDERSTAND.

-Guy lives in a town x.
-In his town x there is a Chevy dealership.
-Guy wants a GMC vehicle not a chevy.
-GMC Dealership is 1 hour away in town y.
-If he drives 1 hour to buy the GMC vehicle in town y will the Chevy dealership perform warranty service on his GMC vehicle in town x.

That is the question. BOTH are GM dealerships. Both are GM vehicles. They are just different GM brands. TECHNICALLY and by policy the Chevy dealership should have ZERO issues with warranty repair because GM has no issues reimbursing GM dealerships for warranty work. I was correct about it being policy to do the repair without problems. I was incorrect in thinking that dealerships followed the policies.

Your stupid comment about them no longer being GM dealerships would OF course throw a wrench into it. They would no longer have a relationship with GM.

I think my 7 month old son has more understanding of the world around him than you.

Nice explanation Codewiz. It's not a confounding concept to anyone but douchenozzle.

 

[alkemyst]

Originally posted by: SP33Demon

Originally posted by: Codewiz

Originally posted by: alkemyst

Originally posted by: Codewiz

See once again, you are making assumptions....

When I said, "From everything I have read online and otherwise", I was SPECIFICALLY talking about the whole warranty repair issue.

Primary I was speaking my experience with a buddy who is a service manager at a Dodge Dealership. They have always been willing to service ANY chrysler car. I also knew that GM has the exact same policies. So based on that, I was speaking from the facts as I knew them. They were correct and I just didn't realize that many dealerships just ignored it.

Keep digging deeper, we all see it except you.

Right...and the main problem is getting reimbursed. Go look up that service manager on google and see what he says about that reimbursement happening once Chrysler breaks off their relationship with the dealership.

Seriously? Are you this dense? The moment Chrysler breaks off the relationship guess what? THEY ARE NO LONGER A CHRYSLER DEALERSHIP. That has nothing to do with the ORIGINAL question.

You are now trying to REDEFINE the question so you can be right. Let me explain the question to you in SIMPLE SIMPLE SIMPLE WAY EVEN A DIMWIT LIKE YOU CAN UNDERSTAND.

-Guy lives in a town x.
-In his town x there is a Chevy dealership.
-Guy wants a GMC vehicle not a chevy.
-GMC Dealership is 1 hour away in town y.
-If he drives 1 hour to buy the GMC vehicle in town y will the Chevy dealership perform warranty service on his GMC vehicle in town x.

That is the question. BOTH are GM dealerships. Both are GM vehicles. They are just different GM brands. TECHNICALLY and by policy the Chevy dealership should have ZERO issues with warranty repair because GM has no issues reimbursing GM dealerships for warranty work. I was correct about it being policy to do the repair without problems. I was incorrect in thinking that dealerships followed the policies.

Your stupid comment about them no longer being GM dealerships would OF course throw a wrench into it. They would no longer have a relationship with GM.

I think my 7 month old son has more understanding of the world around him than you.

Nice explanation Codewiz. It's not a confounding concept to anyone but douchenozzle.

Except with Chrysler all the vehicles sold by the disbarred dealerships will not have the warranty anymore.

Nice try to be a fucking eThug, but you are the one that lacks the understanding in these matters.

Since you like lists:

-Dealer is no longer factory authorized.
-Dealer no longer gets incentive or rebate money...
-Dealer no longer gets reimbursed for warranty repairs.
-Dealer vehicles no longer carry a factory warranty.

This is the problem.

 

[Codewiz]

Originally posted by: alkemyst

Originally posted by: SP33Demon

Originally posted by: Codewiz

Originally posted by: alkemyst

Originally posted by: Codewiz

See once again, you are making assumptions....

When I said, "From everything I have read online and otherwise", I was SPECIFICALLY talking about the whole warranty repair issue.

Primary I was speaking my experience with a buddy who is a service manager at a Dodge Dealership. They have always been willing to service ANY chrysler car. I also knew that GM has the exact same policies. So based on that, I was speaking from the facts as I knew them. They were correct and I just didn't realize that many dealerships just ignored it.

Keep digging deeper, we all see it except you.

Right...and the main problem is getting reimbursed. Go look up that service manager on google and see what he says about that reimbursement happening once Chrysler breaks off their relationship with the dealership.

Seriously? Are you this dense? The moment Chrysler breaks off the relationship guess what? THEY ARE NO LONGER A CHRYSLER DEALERSHIP. That has nothing to do with the ORIGINAL question.

You are now trying to REDEFINE the question so you can be right. Let me explain the question to you in SIMPLE SIMPLE SIMPLE WAY EVEN A DIMWIT LIKE YOU CAN UNDERSTAND.

-Guy lives in a town x.
-In his town x there is a Chevy dealership.
-Guy wants a GMC vehicle not a chevy.
-GMC Dealership is 1 hour away in town y.
-If he drives 1 hour to buy the GMC vehicle in town y will the Chevy dealership perform warranty service on his GMC vehicle in town x.

That is the question. BOTH are GM dealerships. Both are GM vehicles. They are just different GM brands. TECHNICALLY and by policy the Chevy dealership should have ZERO issues with warranty repair because GM has no issues reimbursing GM dealerships for warranty work. I was correct about it being policy to do the repair without problems. I was incorrect in thinking that dealerships followed the policies.

Your stupid comment about them no longer being GM dealerships would OF course throw a wrench into it. They would no longer have a relationship with GM.

I think my 7 month old son has more understanding of the world around him than you.

Nice explanation Codewiz. It's not a confounding concept to anyone but douchenozzle.

Except with Chrysler all the vehicles sold by the disbarred dealerships will not have the warranty anymore.

Nice try to be a fucking eThug, but you are the one that lacks the understanding in these matters.

Since you like lists:

-Dealer is no longer factory authorized.
-Dealer no longer gets incentive or rebate money...
-Dealer no longer gets reimbursed for warranty repairs.
-Dealer vehicles no longer carry a factory warranty.

This is the problem.

You are a fvcking retard. A serious fvcking retard.

This ALL started because someone mentioned that they bought a Chevy instead of any other GM vehicle because the Chevy dealership was in their town. They didn't want to drive an hour to a GMC dealership to get service. He did not believe he could get his GMC serviced by an AUTHORIZED CHEVY DEALERSHIP.

I really have trouble understanding how you can actually complete a few sentences yet fail at comprehending even the simplest questions.

AND HERE IS THE QUOTE FOR YOUR REFERENCE....

i care about that and i am sure many other people as well. im not going to drive 60 miles to a GMC dealer for warranty work, ill buy a chevy which is only 10 miles.

**even though they are GM and the same fucking truck a chevy dealer will not work on a GMC truck. yes i have been through this when i had my GMC truck.

 

[alkemyst]

well your fucking problem is replying to me about the topic I was in debate about, when you were refering to some other part of the thread. This thread is about closing of dealerships and the argument was that the closed dealerships really aren't affected.

So who is just trying to keep posting until they are right now?

your quote:

You are now trying to REDEFINE the question so you can be right. Let me explain the question to you in SIMPLE SIMPLE SIMPLE WAY EVEN A DIMWIT LIKE YOU CAN UNDERSTAND.

 

[Codewiz]

Originally posted by: alkemyst
well your fucking problem is replying to me about the topic I was in debate about, when you were refering to some other part of the thread. This thread is about closing of dealerships and the argument was that the closed dealerships really aren't affected.

So who is just trying to keep posting until they are right now?

your quote:

You are now trying to REDEFINE the question so you can be right. Let me explain the question to you in SIMPLE SIMPLE SIMPLE WAY EVEN A DIMWIT LIKE YOU CAN UNDERSTAND.

Once again you really are stupid.....

I replied to the post I quoted above. I was SPECIFICALLY talking about the fact that TRADITIONALLY all GM dealerships should perform warranty work on any GM vehicle.

You quoted me and started changing the question. I didn't quote you. I quoted someone else and you started the retarded shit.

Below is how I got involved with this SPECIFIC question. You quoted me asshat.

Originally posted by: Codewiz
Originally posted by: Citrix
Originally posted by: sohcrates
interesting post.

i heard, at least with GM, that there were so many dealers that the competition for pricing was too steep, hence cars were being sold for much less than desired.

also, with the internet, the whole model has changed. people no longer really care if there is a dealer in their town specifically.


i care about that and i am sure many other people as well. im not going to drive 60 miles to a GMC dealer for warranty work, ill buy a chevy which is only 10 miles.

**even though they are GM and the same fucking truck a chevy dealer will not work on a GMC truck. yes i have been through this when i had my GMC truck.



I think that is specific to your dealership. From everything I have read online and otherwise, any GM dealer should be able to service any GM vehicle. So it technically shouldn't matter.

I could be wrong but I believe your dealer is the exception not the rule.

EDIT:

Looks like I was right about the concept but it appears I was wrong because dealerships aren't following their agreements with GM.
http://consumerist.com/5276584...iac-saab-hummer-saturn



Any mechanic in the world could perform a warranty repair. The problem is getting reimbursed. What Chrysler has told our local shops that are now cut off (nothing is concrete yet on GM) that warranty work should be honored by the dealerships individually.

This is something they cannot afford to do.

 

[alkemyst]

you added to that quote. You stated any GM dealer could do the work, I stated true but that doesn't mean they'd get reimbursed for it. Then you went all bipolar.

I think you have issues, like seriously. Sorry if I upset you so much.

 

[Codewiz]

Originally posted by: alkemyst
you added to that quote. You stated any GM dealer could do the work, I stated true but that doesn't mean they'd get reimbursed for it. Then you went all bipolar.

I think you have issues, like seriously. Sorry if I upset you so much.

I added to that quote? Go and take a look, I just copied it to my last post. Look at the edit date. It wasn't from today.

I went all bipolar? No, you got pwned first by legend. Then you tried to pick an argument with me by trying to change the actual question.

I showed that you are the one that went full retard. In the end, you just can't admit when you are wrong. I have seen LegendKiller admit mistakes in the past. I have admited mistakes in the past. You on the other hand would rather just try to get more abstract and change the subject instead of man-ing up and admitting that you messed up. It really wouldn't be that big a deal if you could just say, I misunderstood or I am answering a little different question.

But no, you want to try and keep backtracking until your answer fits whatever you are thinking in your head.

Once again, in this SPECIFIC case, the guy was talking about in the past when he bought a Chevy, it was because the Chevy dealership refused to service a GMC vehicle. I posted that shouldn't be the case because all GM dealerships have an agreement with GM to perform warranty work on any GM vehicle. I admitted that I made a SLIGHT mistake because obviously GM dealerships have HISTORICALLY ignored this policy. That was the case in Citrix's scenario.

However, I would have pursued the issue by calling GM headquarters and they would have resolved it.

 

[alkemyst]

We we were talking about what happens to GM dealerships that lose their franchise. Next time PM a dude if you want to go on some tangent.

Seek help as well, you seriously have some deep seeded issues.

http://www.naturalbornbirder.com/gallery/cuckoo1_e.jpg

 

[Codewiz]

Originally posted by: alkemyst
We we were talking about what happens to GM dealerships that lose their franchise. Next time PM a dude if you want to go on some tangent.

Seek help as well, you seriously have some deep seeded issues.

http://www.naturalbornbirder.com/gallery/cuckoo1_e.jpg

Who took it in a tangent, the person I quoted.

As for your cuckoo crap. More assumptions as if you know me. Your lack of reading comprehension has proven that you are in fact a full retard. Legend and I calling you out on it have only proven you are stupid and too stupid to admit it. That makes a lot of sense.

 

[alkemyst]

issues son issues. you bought into a nice rant fulled with techno jargon that was way outside your comfort zone.

😕 cuckoo cuckoo cuckoo 😕

 

[Codewiz]

Originally posted by: alkemyst
issues son issues. you bought into a nice rant fulled with techno jargon that was way outside your comfort zone.

😕 cuckoo cuckoo cuckoo 😕

Keep running your mouth about things you have no clue about.......

 

[alkemyst]

well not being a psychologist or a ornithologist, you are right on that...I am only making a hypothesis on each...

 

[LegendKiller]

Originally posted by: alkemyst
well not being a psychologist or a ornithologist, you are right on that...I am only making a hypothesis on each...

Well, I do have a psychology undergrad (My UofMN degree, I keep the email account since it is a fast, easily accessable, and spam-tight system that I've used for 12 years) and I'd say you're f'ing nuts.

 

[hanoverphist]

Originally posted by: LegendKiller

Originally posted by: iFX
Fewer dealers means fewer chances to sell cars.

Tell that to Toyota and Honda, which have a fraction of the dealer networks and sell almost as many cars.

tell it to harley also, who limits production to force "custom build" and waiting lists to simulate demand. its worked for them for a long time. i know doods that waited for almost a year for a factory new bike to be built, paying extra to get "bumped" up the list. i do the smarter thing... i buy used.

 

[alkemyst]

Originally posted by: LegendKiller

Originally posted by: alkemyst
well not being a psychologist or a ornithologist, you are right on that...I am only making a hypothesis on each...

Well, I do have a psychology undergrad (My UofMN degree, I keep the email account since it is a fast, easily accessable, and spam-tight system that I've used for 12 years) and I'd say you're f'ing nuts.

You would, like like you pretend to be an expert at finances; you think you are capable of giving a clinical diagnosis.

fast email for the win, i guess 😕

 

[LegendKiller]

Originally posted by: alkemyst

Originally posted by: LegendKiller

Originally posted by: alkemyst
well not being a psychologist or a ornithologist, you are right on that...I am only making a hypothesis on each...

Well, I do have a psychology undergrad (My UofMN degree, I keep the email account since it is a fast, easily accessable, and spam-tight system that I've used for 12 years) and I'd say you're f'ing nuts.

You would, like like you pretend to be an expert at finances; you think you are capable of giving a clinical diagnosis.

fast email for the win, i guess 😕

BS from the top 7 psychology university in the country (minor in history), MBA with a 3.92 GPA, and my CFA charter (all tests passed on the first attempt), not to mention going on my 7th year of securitization experience, I'm far ahead of you in all respects.

Did you finally figure out what a share is yet? How about how dealer floorplan securitizations work? Read through any Indentures yet?

 

[alkemyst]

Originally posted by: LegendKiller

BS from the top 7 psychology university in the country (minor in history), MBA with a 3.92 GPA, and my CFA charter (all tests passed on the first attempt), not to mention going on my 7th year of securitization experience, I'm far ahead of you in all respects.

Did you finally figure out what a share is yet? How about how dealer floorplan securitizations work? Read through any Indentures yet?

wow you don't say...still doesn't make you a psychologist though. So go figure being in your line of work.

I guess a share is what your family does with the single brain they hold as a communal asset.

Based on all your excessive lingo, I'd say no doubt you were the typical bookworm...not many people do big things in life with that high of a GPA, you will be guaranteed a job at least.

My GPA was about 3.0, I was accepted to UF's Pharmacy program prior to even having my AA degree. I blew AWAY the PCAT apparently...I didn't even study for it. oh well.

I don't handle the BS work of contract monkey's, you guys make it legal and we tell you the terms. Guy's like me go out and put our hands on the goods and make sure it's what we are paying for. I get to go to the party, you get to work on the next contract...whee!

I am glad you think all the dealerships that are getting the boot can just send their cars back and that no one really profits in a securitization.

 

[LikeLinus]

Wow, for such a bad ass and know-it-all, could you try afford something other than a TUBE TV and a lame ass 240SX? Honestly.

 

[zerocool1]

Don't you folks have jobs or do you all nef for a living? Granted this post is 4 days old, some of these posts are pretty long though some are more thoughtfully written than others. At this point I don't know who is right, but congratulations on thread-jacking.

 

[LegendKiller]

Originally posted by: alkemyst

Originally posted by: LegendKiller

BS from the top 7 psychology university in the country (minor in history), MBA with a 3.92 GPA, and my CFA charter (all tests passed on the first attempt), not to mention going on my 7th year of securitization experience, I'm far ahead of you in all respects.

Did you finally figure out what a share is yet? How about how dealer floorplan securitizations work? Read through any Indentures yet?

wow you don't say...still doesn't make you a psychologist though. So go figure being in your line of work.

I guess a share is what your family does with the single brain they hold as a communal asset.

Based on all your excessive lingo, I'd say no doubt you were the typical bookworm...not many people do big things in life with that high of a GPA, you will be guaranteed a job at least.

My GPA was about 3.0, I was accepted to UF's Pharmacy program prior to even having my AA degree. I blew AWAY the PCAT apparently...I didn't even study for it. oh well.

I don't handle the BS work of contract monkey's, you guys make it legal and we tell you the terms. Guy's like me go out and put our hands on the goods and make sure it's what we are paying for. I get to go to the party, you get to work on the next contract...whee!

I am glad you think all the dealerships that are getting the boot can just send their cars back and that no one really profits in a securitization.

Makes me a hell of a lot more educated than you in the area.

Based upon your prolifigate meritless, groundless, and clueluess pontification, I'd say you're a prime candidate for a 50 year old back office loser. If that's what you want, go right ahead.

No, you don't handle the contract work, nor the underwriting, they leave that to smart people. They leave bureaucratic "check the box" bullshit to mindless zombies, like yourself. Keep doing what you're good at.

I never said that securitization wasn't profitless, but you still don't know what a "credit line" is.