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 |
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 |
Monthly
overpayment |
Five Year Total overpayment |
Gross Profit required
to cover overpayment |
# of new vehicle sales
required to cover
overpayment |
$100.00 |
$6,000.00 |
$85,800.00 |
68 |
$500.00 |
$30,000.00 |
$429,000.00 |
341 |
$1,000.00 |
$60,000.00 |
$858,000.00 |
683 |
$1,500.00 |
$90,000.00 |
$1,287,000.00 |
1,024 |
$2,000.00 |
$120,000.00 |
$1,716,000.00 |
1,365 |
$2,500.00 |
$150,000.00 |
$2,145,000.00 |
1,706 |
$3,000.00 |
$180,000.00 |
$2,574,000.00 |
2,048 |
$3,500.00 |
$210,000.00 |
$3,003,000.00 |
2,389 |
$4,000.00 |
$240,000.00 |
$3,432,000.00 |
2,730 |
$4,500.00 |
$270,000.00 |
$3,861,000.00 |
3,072 |
$5,000.00 |
$300,000.00 |
$4,290,000.00 |
3,413 |
The above calculations are based on NADA 2008 dealer averages
as published in Auto Executive Magazine - March 2009
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