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Re: [Mgs] Oil company - non mg thread

To: Norm <twobees@sprynet.com>
Subject: Re: [Mgs] Oil company - non mg thread
From: Paul Root <ptrmgb@gmail.com>
Date: Mon, 24 Sep 2007 20:17:22 -0500
Trucks and SUVs are generally quite large.

Here's a website that sites $12-15,000 on Expeditions and
Navigators.  He has references. That sounds like 25-30%

http://www.strike-the-root.com/3/russell/russell17.html



On Sep 24, 2007, at 3:11 PM, Norm wrote:

> Mike says,
>
> "Certainly 10% profit is not unreasonable for a company. You local
>
> car dealer makes more like 30% on a car without an investment - they
>
> borrow to put the cars on their lot."
>
> If any auto company is giving dealers margins that will allow them  
> a 30%
> profit, I'm sure there are NADA members who would like to know what
> manufacturer or importer that is.  I remember the hue & cry from  
> dealers
> back in the '80s when markups were cut from 17% to 15% & then  
> lower.  They
> have only gotten worse since.
>
> As for oil company profits, if they are making so many billions in  
> profit,
> why are we the people as taxpayers subsidizing the oil companies?
>
> Norm
> _______________________________________________
> ptrmgb@gmail.com
>
> Edit your replies
>
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Paul Root
ptrmgb@gmail.com
77 MGB
99 OBS
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