Thread: Business Buying and selling offline
View Single Post
Old 12-20-2017, 02:06 AM  
MrMaxwell
Too lazy to set a custom title
 
Industry Role:
Join Date: Jul 2005
Posts: 10,057
Quote:
Originally Posted by slapass View Post
Why not do cars that are bit more expensive and make 2k a car? Less space for the same profit.
That's not how the car business works not even at all
You go up to higher price points you're tying more capital up, you maybe don't move inventory as quickly, you're more noticeable to authorities, you're risking more on each deal and you're not certain of a higher profit amount or margin
Actually your margins are generally higher on less expensive stuff
MrMaxwell is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote