Why Used Car Dealers are Going Bankrupt
1 year ago
3
In this video, we'll explore why financing is leading used car dealers to go bankrupt.By using financing, dealers are able to increase their sales and margins, but this comes with a cost.
Used car dealerships are facing a financial crisis that is likely to get worse before it gets better. The prolonged low interest rates have caused used car dealers to borrow more money than they can afford to repay, and the high levels of debt are now putting them at risk of bankruptcy. This video explains the reasons behind the used car dealers' financial troubles and how you can avoid being affected by them.
TIKTOK, IG - @911LCP
Loading comments...
-
35:52
Stephen Gardner
2 hours ago🔴JUST IN: Tucker Carlson EXPOSES Biden Medical Emergency + Trump Shooting Update
10.8K65 -
LIVE
LFA TV
5 hours agoIS BIDEN DEAD?? | LIVE FROM AMERICA 7.23.24 11am EST
6,398 watching -
1:31:22
Graham Allen
4 hours agoIS BIDEN ALIVE?! WHY CAN’T WE SEE HIM?! + Secret Service Director Gets DESTROYED In Congress!!
55.2K164 -
42:22
MissesMaam
2 hours ago*NEW UPDATE* CyberTruck !?!? 💚✨ | Fortnite
13.2K2 -
2:29:01
Matt Kohrs
11 hours agoThe Biden Coup, Breaking Market News & Live Trading || The MK Show
68.2K2 -
8:35
Taylor Alesia
1 day agoFeminism ruined dating
53.8K82 -
1:03:14
2 MIKES LIVE
3 hours agoThe Mike Schwartz Show 07-23-2024
44.7K2 -
2:38:36
Wendy Bell Radio
7 hours agoAmerica Demands Proof Of Life
112K114 -
1:41:04
Glenn Greenwald
14 hours agoBiden Withdrawal Reaction; Kamala Harris: The Reality VS The Image
84.3K143 -
1:45:35
The Podcast of the Lotus Eaters
7 hours agoThe Podcast of the Lotus Eaters #962
63.2K13