3min chapter

Car Dealership Guy Podcast cover image

#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

CHAPTER

How to Create an Instant Flow of Funds

The company has built in vehicle history report, market values and banking. The raw costs of all those tools per unit ends up being around $25. It's either $90 to pay now or 150 to pay when it sells. Profit margin on that is between 72 and 85%.

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