bushing n.— «The dealership was cruising—and potentially crossing—a line drawn by the state’s bushing law. Bushing, believed to be a shortened version of bushwhacking, is when dealers attempt to convince consumers they must agree to new...
yo-yo sale n.— «The dealership was cruising—and potentially crossing—a line drawn by the state’s bushing law. Bushing, believed to be a shortened version of bushwhacking, is when dealers attempt to convince consumers they must agree to...
dehorse v.— «Unfortunately, unscrupulous car dealers are waiting to prey on ambitious consumers. The most insidious way this happens is through a process called “dehorsing” in which a customer loses both their new and used...
floor plan interest n.— «Dealers borrow money to pay for the cars that sit on their lots. For every day that the cars sit unsold, they accrue more of what the industry calls “floor plan” interest charges. According to the...
tote-a-note v. phr.— «Shumaker said he and Mr. Souders sold their new-car dealerships in the mid-1980s and focused on their “very affordable” used-car lots. He said they were the first in Wichita—and possibly the state—to...
tote-a-note v. phr.— «He and the majority of those at the dinner share the point of view of Bobby Richardson and Al Rowe, salesmen at two of the “tote-a-note” lots selling automobiles on easy terms along Victory Drive in...