Used Car Dealers

[Rooskibar03]

I've heard of a salesman selling someone's trade in before it was actually traded in. The worst I saw was a promotion company's guy selling a 2002 Z28 Camaro to an 80 year old man ($8k gross profit) and then the old man coming in the next day and trading in the Camaro on a Toyota Solara ($6k gross profit). Sales guy made $3500 on the oblivious old man in less than 24 hours.

Newsflash, that's what we do. We buy at wholesale and sell at retail. It's a tried and true method for operating a business, unless of course you like working for free

Buying and selling used cars is a gamble. Pay to much for a car, find out it needs a ton of work to resale and you're looking at a minimum return or a loss. Yes we make some big deals, we also loose big money on some. It's all about averages.