Join Date: Feb 2008
Location: Hudson Valley, NY
They did the right thing by eating it IMO. Also, running boards? If they are buying lease returns those don't add a penny to what they are paying for them and really barely affect the value of them on a wholesale level... that's why you can't residualize them on a lease!
Anyhow, It happens, when we make a mistake, it's out fault and we eat it, period. We did this about 10 days ago actually!
I had 3 Pearl White CPO MDXs on the lot, a Navi 04, a Navi 05 and a base Touring 06.
Well the 06, even without Nav as a 30k mile truck is worth more than the 48k mile Navi 05 Touring.
Salesman quoted the customer what we had the 05 Navi listed for and showed him the 30k mile 06 Touring.
End result? We made $280 on the 06 Touring but I sucked it up, the guy's a good salesman, he made an honest mistake, we ate it.
Ride of the week - Back in an MDX
To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.