Quote:
Originally Posted by pylon
Car dealerships, dollar for dollar, turn a very meager overall profit. In a lot of business models, the return on investment would be considered unviable.
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I was under the impression a lot of car dealerships are basically real estate plays, where they operate a car dealership to pay the mortgage on a couple of acres of land in a good location for a decade or two, and then try and sell the land off for condos and a big capital gain.