Quote:
Originally Posted by Zartan
Compliance is probably the hardest part of the business; we do tons of paperwork. Next is money, you got to have another source of income while building your book. It took a long time to work out the problems and figure out the best model for our business environment. It’s the best business I know of for a couple of liberal arts majors:)
To your questions: First thing we do when the vehicle gets in from auction is install a gps. 65$ with three years airtime.
If you don’t pay it’s getting taken away. It’s that simple. Repos are also a great source of inventory.
19 of 20 deals are in-house financed.
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I commend you and your business I could imagine getting up and running was a nightmare.
What vehicles do you tend to stock? I assuming camrys/accords correct me if I'm wrong.