InvestorsHub Logo
Followers 17
Posts 2452
Boards Moderated 0
Alias Born 12/12/2013

Re: NewJerichoMan post# 2407

Thursday, 06/22/2023 9:56:43 AM

Thursday, June 22, 2023 9:56:43 AM

Post# of 2568
E-Cite is NOT leasing the building. Just like GM or Ford do NOT lease the buildings in their dealerships. The owner of the dealership such as Penske Honda, or Gil Crest Chevrolet lease the buildings and pay the expenses in exchange for the rights to sell the product. exactCar is the dealership owner. E-Cite is the OEM that produces the cars. This is how it works in most all dealerships. Tesla is different of course.