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#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
The Struggles of an Independent Car Dealer
Franchise models charging over sticker and increasing gross profit per unit is a sure high that is going to be, you know, basically negatively impact their year over year comps probably the next five years. But I mean, they made money that's great, good for that. But in the use side, like we were still we were buying in the craziness. So kind of which met the consumer paid more and then with increased in interest rates and you know, the loser in the scenario is really the consumer at the end of the day. It's definitely cars prices like ever use credit or had to pay more for those cars as well.
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