Sorry you took such a loss on the parts...
I reckon I am lucky that I only have 80K in retail parts. Yes the margins can be very tight but with good procurement channels it can be still managed. I have been lucky this year as Stens upgraded my discount. Last year Gardner made a mistake of not switching me over ACH payment when they started charging 2.5% for credit/debit card use. That gave RBI a foot hold so now both are competing against each. It depends on the product line as to which I use. I trying to reduce my in stock items as I now getting one to two days delivery windows.
RBI is lower on MTD, Kohler, and Oregon but Gardner is lower on Husqvarna, Hydro Gear, and Tuff Torq. Should be doing more in the Hydro Gear line this coming year as I just became an Authorized HG service dealer. Plus Gardner had me stuck on a $1000 credit line which I hit last week. They have refused to setup Codis to accept electronic checks so my CU is having to send them paper checks which takes two weeks to get processed. I need something while thing are locked up I just have use another distributor for the parts. I think I got thru to them this week as they raise my credit line to $4000. I definitely can work with that as I always pay when I get the parts. IT just the check delay that was causing me a lot problems. But now maybe I can buy and sell a few Kohler engines. Just got find what the warranty policy is. I may have to sign up with Kohler too.
Had sign with HG just to get my parts and whole goods warrantied. I just install a new EZT and I made a fair profit on it; although, I will need to more time the next time when doing a Bad Boy MZ as to change the drive belt you have lower the transaxles and drive idler arm. Just no clearance to get the belt pass the pulleys.
I have dumped A&I this Summer due to the problems I was having with them. Plus many of the pulleys I was ordering were from Rotary. Now the XTH blades I will miss. When I quit I ended up signing with Rotary last month. Between them, Stens, and Oregon I should have access to most of the common after market parts.
Anyways I only purchase half of what I sold this year. And many of the purchases I did are for restocking.
The truest measure of society is the how it treats its elderly, its pets, and its prisoners.