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Used car warehouse?
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[quote][i]Originally posted by mattant[/i] Why are your prices so low? - Lenders such as banks and credit unions are not in the car selling business. They want a quick sale to reduce their loan loss (the original car buyer is still responsible for the difference). This typically leads to pricing that is difficult to match anywhere else. -We buy the cars in large lots and for this reason the purchase price per unit is lower. -The car value depreciation factor is eliminated. A new car usually depreciates by somewhere in the range of 20% as soon as it's driven off the lot. So, this is immediately deducted from the price. - Our business is concentrated on profit from quantity (not high prices) and fast capital movement. That's why we prefer to sell a great number of cars and to obtain low profit margins per sold unit instead of selling a limited number of vehicles at very high prices. At the end, the selling price of our vehicles stays low, without affecting our general profit. In this way, we keep our customers satisfied and we also obtain a good profit. It is a win/win situation. [/quote]
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