And the Stealerships wonder why they are having trouble selling cars and thing like Carvana are becoming a thing.

This nightmare is still ongoing here with a dealership that got big really fast. The amount owed to various entities is continuing to grow. Bart Reagor, the head honcho, owes Ford just over $ 50 Million USD. They also got involved with banks that were kiting payments on top of it all.

https://www.kcbd.com/2020/01/09/n…

I must admit i’m surprised dealers still try such tricks in this day and age.
How is it possible we havent done enough to stamp out such behavior!?
If penalties included banning them from the industry they’d shape up in no time

This is exactly why i buy private party.

Who can forget the well control company Boots and Coots, who got a foothold in the industry by putting out the oil well fires during the first Iraq war? 

There’s always the law firm of Dewey, Cheatham, and Howe.

It pretty good, but not “Amigone Funeral Home” good.

There once was an engineering firm in my area named Alt & Witzig. Every time I drove by I wanted to stop and ask whether that was a joke or a happy accident.

“(Y)our state’s Motor Vehicle Association (MVA).”

Wait...

As someone who works for a dealer, reading all these things make me cringe. I just don’t get how people can be so slimy and dishonest. I would never be able to sleep at night.

If that were true in a general sense, this kind of market panic would happen every time influenza season comes around. However, consumers and markets do not produce this kind of response, despite the very real (and likely greater) morbidity and mortality that result during flu season.

Actually, nobody knows how much it has spread. Currently you only have Covid-19 if the CDC tests says you do.

The point is that the number of deaths by coronavirus is on par with something we don’t even really consider a significant danger.

Same situation for me.. my business revolves around large gatherings of people. As an aside just flew today from Denver to Houston... I think I've seen three people with masks

Sure - but stairs don’t multiply in prevalence, increasing your risk on a daily basis.  Infectious disease does.  If we don’t nip the spread of this in the bud, it will make stairs look like child’s play.

A virus with a 2% mortality rate would make that number seem contextually minuscule.

I was actively shopping for a new car until early last week when I decided it’s better to wait a few months to see how everything plays out. It’s likely to have an effect on my business, I just don’t know how much of an effect yet. I suspect there’s lots of other people in a similar situation.

Right? Like I’d assume over the last three days, we’d start to see consumer spending start to tighten up and continue to restrict as it spreads in the US.

Considering that the virus has barely begun to spread in the US, I feel this is a month too early to make this claim.