3min chapter

Car Dealership Guy Podcast cover image

#17 Shocking revelation about car dealer profits, Exploiting seasonality in the business, When CDG bought 100 cars with a credit card | Joel Bassam, President of Eastern Motors

Car Dealership Guy Podcast

CHAPTER

How We Source Our Cars

Right now it's about 80% auctions and put 20% trade ins and buying up the street. We're holding on to more trades than we ever have been before because of the same, you know, reason that we're buying deeper. So I think everything you said is a hundred percent accurate. The commoditization of that in this in this current climate has gone wildly out of control.

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