RE: Mass Bankruptcies With Car Dealerships Coming

Interesting.

Car Dealers are the ultimate middleman who use to add value and service, but now the add ons are a profit center and service is a profit center, so the customer experience is one of being milked for money, very unpleasant. Some dealerships have tried to change this model, but covid has rocked the world. It will be interesting to see what happens next.

You quote some impressive stats, as 10% is a huge number. I think we have seen the writing on the wall with the large online car sale centers we are seeing on the internet. younger people are much more willing to buy things sight unseen, and the older generation is warming up to the idea due to both Amazon and Covid.

The impact of covid lockdowns will continue to be felt I think for a long time

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