Re:SUVs parked on cargo ships reveal scope of U.S. auto mark...
by propogandist on Saturday May 02, 2020 @12:03PM
(#23052534)
I despise firms like carmax, where they promote their "No Haggling" as a feature, whereas I see it as a bug.
They're baking in a fixed profit on used inventory and the customer has no option to impact their profitability and reduce acquisition cost. Now that I think about it, I am going to buy long terms puts on their stock,as this event should completely destroy their business.
They're baking in a fixed profit on used inventory and the customer has no option to impact their profitability and reduce acquisition cost. Now that I think about it, I am going to buy long terms puts on their stock,as this event should completely destroy their business.