Thursday, May 14, 2009

Viking Dodge Update

If you have a car on order, a deposit sitting there on a new car, parts pre-paid and on order, or a car in the service bay at Viking Dodge, you'll want to make prompt arrangements to get squared away before it closes.

Viking Dodge is on the kill list as a "Chicago-area dealership set to close" published today in Crain's ChicagoBusiness. See the entire article at www.chicagobusiness.com/cgi-bin/news.pl?id=34042

This won't come as a surprise to anyone who has been driving by Viking during that past two-three months. Sales lot inventory has been dwindling and, if they even stay open until June 9, I'll be surprised. I wonder what that $41,000 Dodge pick-up will go for on June 10. $41,000 for a pick-up truck???

The Crystal Lake Park District is trying to buy the property for about twice what it's worth - "worth" being the Fair Cash Value of $3,339,624 shown in the McHenry County 2007 property tax records. Does anyone around here think property values have increased in the last two years?

Perhaps the Park District ought to be sitting back, waiting for a better deal, instead of being so anxious to spend $6,290,000 of taxpayer money. What's the rush? Isn't it obligated, as stewards of the public trough, to buy at the best price? By that, I mean the best buying price, not the best selling price for the current owner of the property.

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