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Saturday, August 20, 2005 10:16:00 PM
If they sold a vehicle that was a lemon and had to do repairs on it that may be a slight drain on profits.But it is less strain if you have your own capabilty to do the repairs them selves.they may even offer repair plans for the customer
Also say if they bought a 1999 Z28 75k loaded excellent condition chevy camaro with a 305 Hp that had a blown motor for a 2500.00 (round about figure) and put a motor in for $1500 estimated cost thats parts and labor should take about 8 to 10 hours to change R and R (remove and replace)(rebuilt 305 wholesale between $850 to $1000 or even a junk yard motor for 650 to 800 depending on mileage and then stick on the lot for sell at for $10,000 current blue book price on the lesser side let's add in up now 2500 +1500=4000 in repairs and purchase of vehicle 10,000-4000=6000 $ 6000 profit plus intrest on loan if they finance the vehicle
for the record my experience in auto repair is extensive 7 years with goodyear and 2 years with Heritage chevrolet before anyone questions my knowledge about this type of matter
I personally have done this myself with several vehicle in the past buying them and fixing them to sell
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