Bruce Thompson's Blog – December 2015 Archive (1)

Dealers! Get Serious about Buying Directly from the Consumer

Ever wonder why CarMax is the largest seller of pre-owned vehicles, selling more than any other company?  They retail 160,000 used vehicles just about every quarter and make approximately $2,200 per unit front-end profit -- over $350M.  If you do the math on 153 locations, each store averages 348 unit sales per month and grosses right at $800,000. In addition…

Continue

Added by Bruce Thompson on December 10, 2015 at 8:54am — 1 Comment

© 2024   Created by DealerELITE.   Powered by

Badges  |  Report an Issue  |  Terms of Service