This is Where Car Dealers Make $1000's! Watch This Before You Buy a New or Used Car (Former Dealer)
Support our sponsor: https://www.findthebestcarprice.com/i...
100% FREE DEAL SCHOOL: https://yourautoadvocate.com/deal-sch...
Stay connected with Ray and Zach here: / shefska & / rasisjaz
Today Ray and Zach discuss back-end dealership profit, and why it is so high. Learn what trends are taking place in the industry, and how you can be knowledgeable when you go to buy your next new or used car.
https://www.autonews.com/finance-insu...
https://www.autonews.com/finance-insu...
0:00 Introduction
2:10 Gross profit on new cars
3:10 Back-end profit
3:35 AutoNation's average back-end profit per car
4:40 Sonic Automotive's average back-end profit per car
4:54 Group 1 Automotive
4:56 Asbury Automotive
5:00 Lithia Motors
5:13 Penske Automotive Group
5:30 Why are back-end profits so high?