Quote:
Originally Posted by aigel
I am not buying it. If you sell a car 4k over what you bought it for, you did not just "make" 4k. You still have to subtract your overhead from that. Where are you going to show that car? Who is doing the paperwork? Who cleans it up, picks it up, buys it, sells it?
The "toy store" type dealerships (exotic cars, classic cars) in my area look to get at least 7k out of a sale. This is just consignment shops (less risk). That tells me something.
George
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Joe sells 20-30 cars/month. His overhead is less than 40%