When California dealer Leo Bunnin learned early this year that a Chevrolet-Cadillac store in Santa Barbara was for sale, he jumped on the deal -- even though General Motors' recalls were quickly reaching a crisis point.
"I really didn't have much fear," said Bunnin, who already owned a Chevy store in Culver City. "It didn't play a role."
For Richard Graham, owner of that Santa Barbara store for 25 years, there were no second thoughts about the timing of his decision to sell the store and retire. The recalls didn't seem to lessen buyers' interest in the store nor hurt its sale price, he said. The deal was finalized in July.
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