Quote:
Originally Posted by TheEnthusiast
They go to auction if they don't get sold.
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Bingo!
Because most dealers finance the cars on their lot, when they sit for a long time the carrying cost makes it more likely that they'll send the car to auction instead of waiting for the right buyer. The accounting factor is not insigificant particularly for smaller dealers.
Alternatively, a good amount of dealers will keep "special interest" vehicles on their lot for promotional purposes for use in local parades or for employee enthusiam and such, which is why you may see some hold-overs. Although they're on the lot and show in inventory, the dealer isn't interested in selling immediately...