Abandoned Ford Dealership In Germany Still Has Brand New Escorts And Sierras

[97prizm]

I never heard of dealerships leasing their inventory. In general, dealerships finance their inventory through the manufacturer. This financing is called flooring. Most flooring is through the manufacturer. Used car flooring is usually through a bank. The dealership pays monthly interest on that borrowed money. When a car sells, the dealership must immediately pay the loan on that particular car. Some dealerships have very good financial strength and can buy their inventory outright as it is delivered from the manufacturer. They make more profit on each sale.

Inventory turnover is very important to a dealership. A car sitting on the lot for six months can end up being no longer profitable for the dealer. This means you might get an even better deal just to get the car off the lot and use that space for a vehicle that will move faster.

Your right all I could think of was leasing but meant floor plan. Maybe stuff was different in the 60's? When I worked for a Lexus dealership we had two ct200's and a base model is200 for a year. Another dealership called and wanted to buy them off of us. The dealership manager couldn't have been happier.

 

[andrew_j]

I am struck by the thought that if that were in a large city in the USA, it would've been covered in graffiti and vandalized years ago.

The same would be true in most of Europe and other parts of world. Kids will be kids

 

[paulo57509]

I had a Mercury Topaz from that era.