In the free market competition and choice lead to better product and lower prices. The free market suffered a set back in Kodiak with the news that the Toyota et al dealership was closing it’s doors. The Perspective spoke with the Anchorage based owner who told him that any money he could get out of the inventory was cash in his pocket. He also said that he has a buyer for the building located on the corners of Rezanof and Marine, and Marine and Shelikof. No official word on when the doors will close and speculation is rampant amongst the employees. “I don’t know what will happen, but I won’t be working here” was the response on one woman currently employed at the auto dealer.
A visit today revealed that much of the smaller stock has been sold with many display racks empty. The Perspective made inquiries about an outboard motor, the salesman offered $2,000 off of list, the owner offered $3,500 off of list. After a quick check of internet prices, looking for ballpark, the Perspective found that those prices were still above the norm, and offered a lesser amount. His offer was rejected. A week closer to the end, the Perspective lowered his offer, and was again rejected.
The Ford dealership offered no comment on being the only option in town.
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