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  1. #16
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    Re: Auto Dealer Hail Insurance

    I've bought from them before. They offered my $1k better deal then the local Mazda dealer without physically seeing my trade in.

    I'm willing to drive 120 miles for 1k



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    Re: Auto Dealer Hail Insurance

    Quote Originally Posted by mkadl View Post
    Blair, Nebraska has 1000's of car parked outside within like 1 sq. mile. It seems to me to be a risky deal to insure. How do they do it?
    The dealership will have a "hail sale " and discount the cars a fraction of what they get back from the insurance company. The dealership will do very well with hail damaged cars.



  3. #18
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    Re: Auto Dealer Hail Insurance

    Quote Originally Posted by ISUFan22 View Post
    And they have that much stock? Is it really thousands, as in multiple thousands? That's crazy.
    They have room on the hill for about 4500 pickups if I remember correctly.


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  4. #19
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    Re: Auto Dealer Hail Insurance

    Quote Originally Posted by F5cy View Post
    It's a massive dealer. Probably sell more pickups than just about anyone else in the country.
    They are the largest F-series Ford dealer in the nation and the 2nd largest Ford dealer for all models. They are also highly ranked on many of the other lines that they carry. They took advantage of some tax savings by locating in Blair outside of Omaha/Douglas County.



  5. #20
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    Re: Auto Dealer Hail Insurance

    Quote Originally Posted by drlove View Post
    The dealership will have a "hail sale " and discount the cars a fraction of what they get back from the insurance company. The dealership will do very well with hail damaged cars.
    This. Have a friend who works at a big dealership and they love hail storms. Sell the cars for less and make enough from insurance to profit.


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  6. #21
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    Re: Auto Dealer Hail Insurance

    Quote Originally Posted by CyCrazy View Post
    I thought you knew everything? Chink in the armor eh?





  7. #22
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    Re: Auto Dealer Hail Insurance

    Some of the worst damage hit the Woodhouse car dealership. On its facebook page Monday night Woodhouse said it had more than 4,500 vehicles damaged at its Blair and Missouri Valley dealerships. The dealer estimated the damage at more than $152 million, even joking that a hail sale was imminent.


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  8. #23
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    Re: Auto Dealer Hail Insurance

    Their total inventory is likely worth $152 million. The figures I saw estimated $10 million in damage.



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    Re: Auto Dealer Hail Insurance

    I've been wanting to buy a used pickup that I can use for hauling stuff. This might just be the ticket to getting a pretty good deal on a beater.


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  10. #25
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    Re: Auto Dealer Hail Insurance

    I have a brother in law who bought a brand new ford pickup after a hail storm and got one heck of a deal.

    http://twitchy.com/2014/06/03/giant-...nebraska-pics/



  11. #26
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    Re: Auto Dealer Hail Insurance

    Just some speed holes, no big deal.



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    Re: Auto Dealer Hail Insurance

    Quote Originally Posted by 3TrueFans View Post
    Just some speed holes, no big deal.
    Didn't mythbusters show that dimples improve fuel efficiency?


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  13. #28
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    Re: Auto Dealer Hail Insurance

    Quote Originally Posted by Agclone91 View Post
    Their total inventory is likely worth $152 million. The figures I saw estimated $10 million in damage.
    How much is a new F-150? How about F-250? Somebody said they have room for 4500 pickups. 3,040 $50,000 pickups would be 152 million, so I doubt that's their entire inventory.



  14. #29
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    Re: Auto Dealer Hail Insurance

    Quote Originally Posted by Tailg8er View Post
    How much is a new F-150? How about F-250? Somebody said they have room for 4500 pickups. 3,040 $50,000 pickups would be 152 million, so I doubt that's their entire inventory.
    Their entire inventory isn't pickups, and they don't have 4,500 pickups on the lot. According to their website 4,500 vehicles were damaged.

    Also according to their website completely bare bones stock work truck F-150 is worth ~ $25,000 and their most expensive model is $58,000. A base model F250 starts at $32,000 and goes up to $63,000. A base model F350 starts at $37,000 and goes up to $68,000.

    They also sell used cars as well as new. So there are going to be some pickups that are worth nearly $70,000 but there are also going to be a lot of cars that are worth 15 to 20k that will even out the distribution. It doesn't seem at all unrealistic to me that $152 million is their whole inventory.



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    Re: Auto Dealer Hail Insurance

    Unrelated, but seeing some of the prices on these pickups reminds me of when I was writing loan processing software for a bank. After we launched the system we would watch the applications roll through and it was mind boggling what some people will apply for. 500 credit score, no collateral, low income, next to no down payment? I absolutely need a $60,000 pickup! Also, please run that out for 84 months. Do you offer longer term payment plans?



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