Ford and GM report sales of vehicles declining 32% compared to last year. I would suppose that foreign car makers (such as Honda) would report substantial declines as well.
I expect, therefore, that many car dealers would fold.
My primary reason for being interested in this is my my wife's car is
by now 10 years old and she deserves to replace it with something
So, my thinking goes, would I be able to find a liquidation auction of
any new car dealer and buy a car at a considerable discount to a "new
How is inventory of failed car dealers, disposed of?
- posted 11 years ago