Retail Used Car Stores

How Retailers Are Making Used Car Stores Highly Profitable

Article Summary

Fran­chised deal­ers are see­ing huge oppor­tu­ni­ties in used cars – includ­ing start­ing up stores spe­cial­iz­ing in pre-owned vehi­cle sales and some­times under a new retail brand name.

Car­Max has been the largest play­er in the retail used vehi­cle space and has had about 1% share of the mar­ket. That leaves an enor­mous amount of oppor­tu­ni­ty for stand-alone used car stores. Here are some of the used car mar­ket forces influ­enc­ing strate­gic busi­ness deci­sions by deal­ers………..

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