Quote:
Originally Posted by burn_this_city
I realize no one pays sticker. But most dealers are only willing to move 10%ish. Honestly I think selling used vehicles is one of the toughest ways to make money. Especially in the last few years when cars were depreciating astronomically because new vehicles were being so heavily discounted.
|
yup, you are absolutely right its been quite difficult for the reasons you say in your post.We however, have tapped into the niche market of sub-prime financing because nobody in our part of the world does it. And sadly, with the state of the economy and the foreseeable future, the sub-prime market will be the place to be, well, for us anyways.
My larger competitors here dont deal with sub-prime at least not to the point that we do.