Alternatively $GPI slightly different subject area but on the whole they do almost the same except that spare parts etc. are also offered.
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@Hotte1909
You can do that.
But at this value, the margin is already very low and growth is only in the single digits.
You can do that.
But at this value, the margin is already very low and growth is only in the single digits.
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@Tenbagger2024 the hard way feeds the squirrel 😉 just wanted to mention an alternative. I think the margin is so low because of the car dealerships they still run themselves. Employees cost money. But it is now also offered as a franchise. Since the real estate belongs to Group1, I still see potential there should they cede their own car dealerships to other franchisees
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That would be one reason, but in the end the low margin remains on paper which is at the expense of the result.
Perhaps this is an advantage for copart, which opted for online at a very early stage.
But it would have to be analyzed in more detail.
Perhaps this is an advantage for copart, which opted for online at a very early stage.
But it would have to be analyzed in more detail.
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