# used car dealer talk

**URL:** <https://forums.speedlife.net/t/used-car-dealer-talk/267908>\
**Category:** Shift518 Automotive\
**Created:** [October 30, 2013, 11:50am UTC](https://forums.speedlife.net/t/used-car-dealer-talk/267908 "2013-10-30T11:50:39Z")\
**Posts on this page:** 1\
**Showing post:** 37

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**Author:** ![love4boost](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/love4boost/32/6658_2.png) [@love4boost](https://forums.speedlife.net/u/love4boost)\
**Post date:** [November 1, 2013, 4:45am UTC](https://forums.speedlife.net/t/used-car-dealer-talk/267908/37 "2013-11-01T04:45:26Z")

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> [@Who's been to Put-in-Bay?](https://forums.speedlife.net/t/whos-been-to-put-in-bay/53606/31):
>
> And I’m sure you’re right in that respect if all you ever plan to sell is cheap cars. I would think there is more money in more expensive cars, and that cheap cars would be a starting point.

Cheap cars have sliightly less profit then more expensive cars, but not enough for me to switch over… Plus im doing my own cash purchasing… Most higher dollar car dealers get floor plans which finance the cars bought which means zero dollars out of pocket but tons of interest monthly making profit margins nearly the same. 37 cars i have right now and i only have a little over 40k invested… 37 cars at 10k a peice on a floor plan is 370000 which at a lowwww intrest rate of 3% $11,100 just in interest monthly… Even if you sell all your cars in less then a month you still pay a fee and if you dont sell it within 90 days you have to buy that vehicle out of pocket so whats the sense? …unless ur a huge dealer that has to

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