Where do used car dealers get their capital
|
|
 Feb 9 2022, 09:32 PM
Return to original view | IPv6 | Post
#1
|
 
Junior Member
596 posts Joined: Dec 2010 
|
bank got loan them money for cashflow, thats why they can buy cars in cash, and used car is a high profit margin business
each car they can earn rm10k at least, the least also rm5k per car for those hot models recon cars even more untung |
|
|
Feb 10 2022, 12:15 AM
Return to original view | IPv6 | Post
#2
|
|
Junior Member
596 posts Joined: Dec 2010
|
QUOTE(Bug Juice @ Feb 9 2022, 11:51 PM) One of my friend used to do this a bit, he sell aofatts and vellfires with a partner, one pc at a time and one sale can untung like 40k. It was long time ago and not doing it anymore now cannot do because too many competitors, u see how many recon dealers selling aofatts n vellfires now, but yeah recon cars especially those MPVs are the real big money maker |
| Change to: |  0.0141sec
 0.56
 6 queries
 GZIP Disabled
Time is now: 14th December 2025 - 02:28 AM |
Quote