Who funds used car dealerships?
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  1. 04-29-2014, 01:51 PM #1
    Ocean Financing
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    Car dealerships have the smallest margins, plus you're dealing with used car salespeople who will tell you anything for money. In my experience ive seen an almost 30-40% default rate in this industry.
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  2. 04-29-2014, 02:56 PM #2
    Ryan Shiroky
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    Quote Originally Posted by Ocean Financing View Post
    Car dealerships have the smallest margins, plus you're dealing with used car salespeople who will tell you anything for money. In my experience ive seen an almost 30-40% default rate in this industry.
    yep... not only that, the deposits will vary drastically month to month...
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