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Old 01-28-2009, 08:36 PM
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Danielsand is on a distinguished road
2008,....MSRP was 49 and change. I have to tell you though,...the dealer is a personal friend of mine, and an ex business partner (we owned few dealerships together, back in the mid nineties, but not BMW)
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Old 01-28-2009, 09:58 PM
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Quote:
Originally Posted by Danielsand
2008,....MSRP was 49 and change. I have to tell you though,...the dealer is a personal friend of mine, and an ex business partner (we owned few dealerships together, back in the mid nineties, but not BMW)
Why did you get out of the business? Any interest in getting back in?
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Old 01-29-2009, 10:37 AM
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In a danger of sounding like a "Monday morning quarterback".....it was pretty obvious where we're heading in the early 2006. Anybody able to put their signature on the piece of paper, had a million dollar house, several new cars, and countless toys. People took the "American Dream" a bit too far.

Car makers (and dealerships!) flooded the market with substandard, overpriced cars, ......the times were "good".

I sold my dealership interests at the peak of the market, and gradually increased my other assets (gasoline retail). Car sales are WAY down, and the gas is going steady. I think I made a right decission. My assets were 80/20 in favor of the car sales back then, and now they are 80/20 again (80 in gasoline, and 20 in the food distribution). Maybe I should start increasing the food, and dropping the gas?

Joking,....I am one project away from the "full time" retirement (I am only part time retired now). I need two more years before the total economic collapse, and me and my family will be OK for the next couple of generations.

In short,....no more car sales for me.
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