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#6 Carvana’s secret sauce, what’s next for auto lenders, pros/cons of credit unions | Chris Coleman, Co-Founder of WithClutch
Car Dealership Guy Podcast
How Collage Invented the Smart Gate
In like 2013, everybody started realizing you might be able to sell used cars online. The goal of the company was to try and get people who otherwise would have traded in a car to be like, it's just as easy to sell it peer to peer. We ended up reaching a peak of like 50 or 60 cars. Sold a month. And it was literally the worst business you could start. Like if you told me to do anything else, I would literally do anything else at this point. If you're like, sell toilet paper, I would be glad. That's a much better business.
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