2min 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 to Increase Your Average Car Sales

For every dollar of warranties that you're selling to customers, you're losing 20 cents, which is incredible. That's very, very anyone that knows anything about the insurance industry. Yeah. And just to be to pull transparency, that number has gone up recently because we've been putting, you know, quote unquote, worst collateral into the pot. We've extended our buying parameters to buy older vehicles, a higher mileage because of the inventory shortages. But that is a temporary,. you know, thing right now. Right.

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