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#20 Selling a company for millions, Why most car sales are private party, Online car marketplace economics, Dealership hazing stories | Brad Parker, Founder & CEO of PrivateAuto
Car Dealership Guy Podcast
The Limitations of the ACH System
The ACH system in the United States is awful. There's so much fraud there, and you could still get flagged for fraud up to 59 days later and get it just clawed back. So we created an inner bank transfer like situation for the deal to happen securely,. You know, under one roof of the same institution. Does that make sense?
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