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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
Eastern's Subprime Business: A Hub and Speak Model
Easterns' business is built as a hub and spoke model. Every single dealership has its own team. Right? Has its own business operations, right? Easterns doesn't have that. So my retail locations, we call them delivery centers. That's designed because they only have sales staff. And then on top of that, we have our own body shop. The only thing that a vehicle ever leaves this facility for is weren't to work,. Because, you know, that's free and I can't do it here.
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