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

The Negative Headwinds on Used Car Dealerships

Do the current market headwinds scare you? I think there's something to be said, you're very hyper focused on one profit center. The increased adoption of EVs and the pressure that the OEMs are putting on direct consumer in that market space is going to create a lot of issues for franchises. And if any of them go under or get consolidated with large players, they're not going to get replaced ever.

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