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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Skeeter Bug who wrote (13662)	9/15/2003 2:05:36 PM
From: Tommaso	Respond to of 306849

OT/ That dealership committed completely to Toyotas over thirty years ago when the car did not have much of a reputation. The 1970 Toyota Corona was not a very good car. I know, because I owned one: TWO speed automatic transmission, for example. As quality improved, Garson Rice offered their own dealers' 100,000-mile warantees, upping that to "lifetime" until some legal challenge made them drop that. There were years when he sold more Toyotas than any other dealer in the country. The service department is excellent. It's more that the operation is so efficient that they can undercut most other dealers than that the pricing is soft. Another enterprise that has not thrived is Oakwood Homes. I still do not quite understand how things went so wrong so fast. I think at the top the stock was priced at $125. Now quoted (BB) at 15 cents.