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  1. #5391
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    Surely the amount of cars sold has to be linked to the price, age and make of the vechicle.Can't imagine a luxury car yard selling 30 cars a month out of a stock of 70 units!

  2. #5392
    Speedy Az winner69's Avatar
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    OK ....That site looks like it is performing well.

    That’s good news
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  3. #5393
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    Quote Originally Posted by steveb View Post
    Surely the amount of cars sold has to be linked to the price, age and make of the vechicle.Can't imagine a luxury car yard selling 30 cars a month out of a stock of 70 units!
    Must be in some way, plus the margin on the average Ferrari would be somewhat higher then the average imported Nissan/Mazda etc

  4. #5394
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    Quote Originally Posted by Jay View Post
    Must be in some way, plus the margin on the average Ferrari would be somewhat higher then the average imported Nissan/Mazda etc
    Lucky we have people who know what they are doing running the show.
    Hopefully !

  5. #5395
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    Quote Originally Posted by forest View Post
    Hi SilverBack, done a bit of googling and the average number of sales a car sales consultant does seemed to be 10 a month.
    On Turners website it shows 2 people working at the Wellington car yard, according to Tod the yard sells 30 cars a month. If they indeed only employ 2 people at this branch then the sales numbers are impressive.

    Wellington Turners car yard branch
    Derek Barnes - Operations Manager - 0274 438 689
    John Burroughs - Sales Consultant - 027 403 4621
    Thanks for doing the hard yards Forest. Probably need to cut Todd's comment in two to get close to the reality (he runs a cars sales company after all) but seems even so to be a reasonable level of activity.
    A few decades ago, I knew a guy who was used car sales manager for a franchise in the Wellington region. It was a a significant franchise. He became very depressed one year when they only sold 4 cars in a month. His worst result ever. This was in a Government induced recession. I think this acts as a lower bound. I cannot tell you how many sales staff he had.

  6. #5396
    Outside thinking.
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    Interesting comments re Aussie house sales declines and new car sales and car finance declines in this article.

    Of course it won't happen here and won't effect TNR....... or will it?

  7. #5397
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    Quote Originally Posted by Left field View Post
    Interesting comments re Aussie house sales declines and new car sales and car finance declines in this article.

    Of course it won't happen here and won't effect TNR....... or will it?
    didn't seem to affect todays price action in CMO up 1.5%
    For clarity, nothing I say is advice....

  8. #5398
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    Quote Originally Posted by peat View Post
    didn't seem to affect todays price action in CMO up 1.5%
    I'm not surprised. CMO has proven to be a sound investment over a many years (and wasn't mentioned in my post)

    However, TNR much more risky IMHO.

    (Disc - don't hold either)

  9. #5399
    Speedy Az winner69's Avatar
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    Full Annual Report out - that will keep snoopy busy this weekend to see how much normalised profit grew by

    I await Snoopy’s view on Note 32

    Baker only missed 1 Board meeting this year ..much better performance by him

    Lease obligations $32m ..that seems a lot but then again they are in retail
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  10. #5400
    ShareTrader Legend bull....'s Avatar
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    milford sold a lot of shares recently obviously into the buy back

    https://www.nzx.com/announcements/336827
    one step ahead of the herd

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