Kenai Plaza growing

Kenai Chrysler expands used car business

Posted: Tuesday, August 08, 2000

Kenai will have a new outlet for used vehicles this fall. A site in front of Kmart is being prepared for Kenai Chrysler to expand its business. The 1 1/2-acre lot will be used to display trucks, cars, RVs, boats and other recreational vehicles, said Bob Favretto, owner of Kenai Chrysler.

"We anticipate an increase in sales with this," he said. "It will bring more people in to Kenai -- and more business. They may stop to shop at Kmart or buy a sandwich from one of the other vendors."

The new lot will be as big as half the current lot at Kenai Chrysler, which is leasing the property from Allen Norville. Foster Construc-tion has been hired to clear the site and blacktop it.

Favretto has owned Kenai Chrysler for four years.

"I had a partner originally when I came to Kenai, but I bought him out back in February, so now it's all mine to win or lose," he said.

But he doesn't expect to lose on this deal.

"I think with the amount of people buying cars and trucks in the area, it'll do well and allow us to have inventory levels we just don't have room for in our current location," Favretto said. "It will be as big as anything in Anchorage."

Construction on the new lot will be done by the end of August. Favretto said a grand opening is planned for Sept. 15.

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