Wealthcc, the margins on selling cars are extremely low and in...

  1. 2,317 Posts.
    Wealthcc, the margins on selling cars are extremely low and in some cases negative on some modeals. the money is made on after sale service, additional products ( insurance, extended warranties etc. )and in some cases fleet purchases which are packaged ( ie government vehicles on lease etc. ) if the australian consumer cuts back on servicing their cars ( due to hardship ) and government depts cut back on purchasing new cars every 3 years then the damage to the australian car industry is scary. many dealers were just getting by a few years ago during boom times now they will be gone.
 
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