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A wealthy friend of mine owns a high-end lease return car sales business. He only handles pristine Mercedes, Porsche, BMW and Jaguar. The 3 year depreciation on these cars is enormous! Most are still under factory warranty.
You know why his business model is brilliant? He has complete control over his costs. New car dealers are told by the factory what they must pay. Not my friend. Because he buys a lot of cars, he has developed great relationships with local dealers who want to get rid of lease returns quickly and with minimal hassle.
If I were starting over, this is what I'd do.
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My work here is nearly finished.
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