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re: Under current interest rates IDK how car dealers with lots of inventory survive.
Posted on 10/27/23 at 3:17 pm to GumboPot
Posted on 10/27/23 at 3:17 pm to GumboPot
Used lots are the ones who are going to hurt the most. I follow a lot of used car dealers on Youtube and it's getting bad. Holding/Carrying costs are going to eat them alive, b/c they can't even sell cars they bought at the peak wholesale.
It's a bad time to be a used car dealer if you over-extended in 21-22.
It's a bad time to be a used car dealer if you over-extended in 21-22.
1
Posted on 10/27/23 at 11:38 pm to SlowFlowPro
quote:
I follow a lot of used car dealers on Youtube
Wtf
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