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If you're interested in how dealerships actually work (and how perverse and stressful the incentive structure can be), I highly recommend listening to the above
by ethbro 8y ago
If you're interested in how dealerships actually work (and how perverse and stressful the incentive structure can be), I highly recommend listening to the above podcast. It was fascinating.
One example: sometimes dealerships are selling you a vehicle at a loss, in hopes they'll hit the next volume tier, earning enough manufacturer rebates to make a net profit on the deal. And they have to cut their prices that low if they're in a competitive market.
Which turns the entire endeavor into a monthly game of musical chairs. "And 3rd place? Third place is you're fired."