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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 Tax Season and the Book Value of Used Cars
There's a seasonality in the wholesale market. Cars will increase in value during the heaviest selling times, which is generally March to April that tax season bump. And it'll kind of stay steady through the summer and then start dipping towards the winter when things slow down. Again, new side has a big bump during Christmas on the use side.
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