JD Seller....normally love your stuff, but you couldn't be more wrong on some of your statements on this issue. It is a fact that every franchised auto and light truck dealer in the U.S. is paid a fixed markup percentage on EVERY part installed on a warranty job. When I was last involved in the business, the payment rate to GM dealers was 30% markup on all parts used on warranty. And by the way, with as powerful as franchised auto groups are with national groups like NADA or state groups like your Iowa Auto Dealers Assoc., dealers would never, ever sit still for not receiving compensation for warranty parts installed.
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Today's Featured Article - What Price Enthusiasm? - by Anthony West. Quite frankly, for some time now restorers like myself have become more and more concerned about the rapid increase in the prices of old farm machines here in England. There is now a growing market for "As found" machines. Which as machines get rarer, has found the birth of a new industry....one of the "procurement agent". These agents appropriate as much old machinery as possible then inflate prices at auctions. So at what price enthiusiasm? We are now seeing poor machines which 3 years ago ma
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