There are a couple near me that I would like to see gone! 

 

https://uk.motor1.com/news/228022/car-dealership-closures-2025/amp/?__twitter_impression=true

Workmate's hubby is a salesman and former sales manager.  He doesn't paint a rosy picture.

 

Also says the big dealers are a nightmare to work for and would pimp their grannies to get a sale.

 

His former family owned firm was taken over by on one of the big boys. They've had several walkouts and his application is in to move other places.

Edited 23 January, 20188 yr by Aspman

On the flip side of this, I think we will start to see family owned "specialists" a lot more. 

 

Buy a new car online yes but in 3 years time when the manufacturer wants to shift it on, they won't want it clogging up their space so hopefully it will pave the way for the families that used to run the dealers to pop up. 

 

Even now, the franchise's rarely have anything older than a couple of years for sale on their forecourt. Plus, with all these PCP/PCH deals, there's got to be somewhere for them all to go. 

Easy to understand that less Dealerships for sales will be required,

& more better trained and qualified Technicians in Workshops dealing the ICE & EV vehicles.

 

As to any KPMG predictions / guessing, they were the Auditor for Carillion who went bust with 29 million in the bank while owing billions.

So if betting your pension Paddy Power / William Hill might be better with the odds than KPMG, PwC, EY etc.

 

All those Dealerships stock is there on cheap finance anyway and the Used car trade is based on Pyramid Buying / Lending.

The Crash is coming.

 

Who will be the Official Administrator,  KPMG, PwC, EY etc.