Quote:
Originally Posted by George Lyons
So to be clear, the dealer is actually in the lottery as a retail buyer. He is not getting called to take a car as a Chevrolet dealer to then market to a customer. I really see no difference from last year. A dealer could have been in the pool in 2012 no different than 2013, and have got the call. A Chevrolet dealer can NOT order a COPO from what I have been told by the people involved in this project. If a dealer is in fact picked and gets a car I suppose he is free to market the car no different than others who took a car to flip and see a profit. Clearly not the intent but GM has no control over this after the car is sold by them to anybody.
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So a friend of the dealer (who does not want the car) get's in the lottery. He wins the lottery but leaves the car with his car dealer friend to keep or resell. Where there is a will,there is a way.Remember there is no title only a parts counter slip when it is sold to the end user. Do you really think GM cares? The car companies know that only a small percentage of the cars will get raced. They like our conversation, it's good press. If they keep building 50 to a hundred a year the cars will depreciate for a long time before they appreciate in value.Most people with big money want the latest and greatest. There are only so many people with money that will buy one of each year for a collection.