Making Car Dealerships More Profitable Through "Buy-Here Pay-Here" Programs
Taking Advantage of the Growing Sub-Prime Car Financing Market
  • Demo Video
  • Private Messages
  • Edit My Profile
  • View/Edit Portfolio

Email Updates

Search

AGORACOM News Flash

AGORACOM WIRE .... TUESDAY FEBRUARY 14TH

UPDATE 1:30PM

Graphite is the Emerging Investment Story of 2012

Graphite Investment Conference Vancouver

Hotel Vancouver | BC BALLROOM | 2-4 PM | February 23, 2012 - Attendance is free

Find out more today!

Breaking News ....

Lomiko (LMR: TSX-V) to Complete 43-101 Report on Previous Drilling at the Quatre Milles Graphite Property Read More

Strike Graphite Corp. (TSXV:SRK) Acquires Wagon Graphite Project in Quebec in Vicinity of Timcal's Lac des Iles Graphite Mine *CLIENT Read More  |  Profile

Strike Graphite goes "Beyond the Press Release"

McLaren Resources (CNSX:MCL) Drills 7.0 Grams Gold Over 7.4 Metres at the TimGinn Property Located Adjacent to the Hollinger Mine *CLIENT* Read More | Watch Beyond the Press Release

 AGORACOM Launches GraphiteStocksBlog.com

We're proud to announce the launch of GraphiteStocksBlog.com a website dedicated to the needs of investors and companies in the fast growing Graphite industry.

INAUGURAL GRAPHITE SPONSORS

 

 

Message: correlation to rising gas prices?

Agoraa
Rank: [?]
President
Points: [?]
11204
Rating: [?]
Votes: 30 Score: 4.0
  • Currently 4.0/5 Stars.
Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.

Re: correlation to rising gas prices?

posted on Jul 08, 08 01:26PM

Dear "sweetness"

Once again, thank you for your question. While rising gas prices have an impact on all of our financial lives, CarBiz takes into account factors such as gas prices, as well as other living costs ie food, clothing, shelter etc., in its business model. In general, CarBiz takes into account debt/income ratios and disposable income levels when putting its funding packages in place. Since it takes all of these economic factors into consideration, it minimizes any negative impacts rising gas prices could have.

We direct you to the Executive Address section of this IR hub (top right hand side). If you click on that, you will hear CarBiz CEO Carl Ritter addressing shareholders and he specifically references that point concerning rising gas costs.

We hope that answers your question and we suggest you continue to monitor this site for further news and updates.



AGORACOM Investor Relations

New Message

Please login to post a reply

AGORACOM Quick Tips

Potential Near-Term Gold Producer; Recent Bonanza Grades ... Learn More!

President's D.D.

New feature: Hub Presidents can add important links here.