Ask The B&B: Is It A Good A Good Idea To Start A Luxury Car Dealership?

Today we inaugurate a new series: As the Best & Brightest. Many sites dispense advice, and you know what they say about the free variety. At TTAC, we unleash the massive power of our readers and commenters to answer tough questions, for which there is no easy answer. Today, John Lunbeck asks whether his brother-in-law (and by default John's sister) should start a luxury car dealership. John writes: "My pretty savvy brother-in-law has the means and ambition to become a franchisee here in the US for some luxury makes. My question is, is that wise at this point? There are so many "out of the box" factors now intruding on the auto industry, I am not sure the dispersion of outcomes would be well understood by an industry outsider, however generally expert in finance." So what do you think, B&B? Should he, should he not? And if you have a question that needs truly expert advice, Ask the B&B by using the contact form. We will promptly pass your question on to the true professionals. from The Truth About Cars http://www.thetruthaboutcars.com

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