@GuyDealership Key Bank left indirect lending awhile ago but still did floorplans with dealers. They’re now pulling out of that as well. Not an entirely too big of a thing since gold chasers anyways but one less option
@GuyDealership Yep, and probably a 300% increase in transport damage / quality control claims. I know that’s what it is here. Getting less vehicles in and more damaged.
@GuyDealership They must have cooled down buying too, wondered why auction prices have been dropping. Actual dealers who don’t have stock market $$ to play with are buyers
@GuyDealership 4+ years ago if you searched for whatever vehicle you were looking for, eBay motors was a top search spot. Now it’s maybe page 2. Which I’m sure people don’t even get halfway down page 1 now.
@GuyDealership Agreed. Noticed they started slacking prior to pandemic and did nothing during it. Views and watches probably down 80-90% from years ago. Use to easily do 30-40% on eBay alone. I know they absolved the “ebaymotors” thing, really only care about parts now it seems
@GuyDealership GMs going same way. Started with Tahoes/Suburbans and now 1500 and 2500. Google based software. All come with google maps. Want to use it? Onstar subscription for $25 a month. Now starting with the EVs. No more CarPlay/Android Auto so no alternative to bypass their onstar shit
@elonmusk@SawyerMerritt Not sure that’s it entirely. I think when people think of Tesla they think FSD then they look at buying one and realize it’s an additional cost (15K at the moment). Then they say “ohhh” and move on. Tesla screams FSD, autopilot etc, but it’s an add. If wasn’t an add, more sales
@GuyDealership Knew this would start happening with Ally. They’re tightening because of Carvana. Little surprised with Capital One and Santander. Those two must be getting nervous from their 2 years of lending which has unknown thousands of vehicles 20-30% above NADA financed now
@GuyDealership I wonder if it’s because Chrysler Capital is buying where other banks aren’t. I’ve had people approved through Chrysler Capital (we aren’t linked up with them at this store) at 15-16% but can’t get them bought with any bank we use.
@elonmusk@iamharaldur The idea behind neuralink and health and healing is great. I’m sure you know what your boundaries are but have to be concerned what happens when you don’t control it anymore
@franchisewolf Local mall is dead and blows harder than a geyser at Yellowstone. However, I was walking through it as my daughter was at an indoor softball training session and there was a 8-10 person line and tables with people eating, at Annie’s pretzels. I don’t understand.
@iamharaldur 2/2 won’t use AI. The concern is those who go above and beyond using AI “the machine” to assist them and do the tasks. It’s very easy to understand why they would.
@iamharaldur 1/2 The calculator for thinking. The real problem I believe is the people who actively do things and try to solve things now will lean on this. The internet and resources available now, we all know people who still ask things easily figured out by a Google search. These people..
@GuyDealership Not too familiar with other franchises and regions but a lot of GM NE dealers in past 2 years selling to large auto groups/publicly traded groups. As an Indy, I’m surprised you don’t have franchise too