posts: 223355
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| 223355 | 11440 | Molded, Reverse Engineered, Handshaped by One Only...WHAT IS ACCEPTABLE TO YOU? | 81 | SeniorGrom | Oct 14, 2021 | 2021-10-14T10:55:50-0400 | Artz said: Firewire is pretty much run like an automobile company. Give the dealer an i victory. with terms 90 days with zero interest. then low interest beyond that. Board models that are not selling well they may offer a bonus. Meet a sales quota and another bonus. There is a lot of money that is behind the curtain in auto sales. Money to dear ships for advertising. Money to spruce up the show room. The auto companies want there dealers to present a company image. All car companies have architects and designers working for them. pretty much the same for Furniture stores, Appliances. And other consumer goods. They sell goods but the real money is in the financing of those cars, washer dryers and that bedroom set. I am seeing new financing on ads for Sporting goods that offer the consumer terms. "Afterpay" is one company that I have seen. There are others as well. you can bet that Firewire is looking into the consumer finance on Surfboards. Something like 20% down and monthly payments. Click to expand... The difference is car dealers are franchisees having a legal agreement with the manufacturer or distributorship in the geographic area. The dealers get marketing support to 'move the metal'. Most dealers do not own the inventory but pay a monthly floor plan loan % to their bank. As cars are sold the VINs are reported to the bank. Inventory is removed but more added as vehicles are shipped and 'on the ground'. With the recent chip shortage, new car inventories are very very low and as a result used car values at an all time high! |