I believe it’s all factored into their floor plan. Years ago some dealers would refuse to sell a car at MSRP or a deal for that matter, thinking they could get big ADM’s. They ended up getting kicked in the rear. In the end they sold the car for a deal, but lost a ton of money paying chrysler to keep the car on the lot for 12 months. There is a story on here somewhere about that. Pretty sure once the next model year rolls around the dealer either has to pay for the car outright or they can choose to send it to the wholesale auction. Not 100% on that. I knew of a small mom and pop dealer near me that used to pay cash for their vehicles, and they carried roughly $3 million worth of inventory at any given time. Unfortunately they were one of the 789 that closed as a result of the 2008 financial crisis.