In fact, if you choose to buy and sell cars for profit, you will be participating in one of the few businesses that can honestly be called recession proof…and here is why…

• New cars now cost as much as a house used to and of course this only increases the demand for used cars.

• A car is NOT an investment and more and more savvy consumers are aware of how shockingly high the percentages are for new car depreciation. How about 20% to as much as 40% the first year – 15% the second year – 13% in the third year – and 12% in the fourth year!

• Unless they are very wealthy, parents are always more willing to buy a used car for their child’s first car.

• When the economy is going well and interest rates are low, car buyers tend to buy new cars…but there will always be a market for used cars.

• When the economy is in recessio
  How to Avoid Implementation Failure
  Failure to implement the recommendations of an investigation into what ails an organisation is a norm for most organisations.For some organisations it is a serial norm. As a consultant arriving to complete the analysis of a perceived problem or to determine the problem
  ses that can honestly be called recession proof…and here is why…
  • New cars now cost as much as a house used to and of course this only increases the demand for used cars.

  • A car is NOT an investment and more and more savvy consumers are aware of how shockingly high the percentages are for new car depreciation. How about 20% to as much as 40% the first year – 15% the second year – 13% in the third year – and 12% in the fourth year!

  • Unless they are very wealthy, parents are always more willing to buy a used car for their child’s first car.

  • When the economy is going well and interest rates are low, car buyers tend to buy new cars…but there will always be a market for used cars.

  • When the economy is in recessi
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    i> A car is NOT an investment and more and more savvy consumers are aware of how shockingly high the percentages are for new car depreciation. How about 20% to as much as 40% the first year – 15% the second year – 13% in the third year – and 12% in the fourth year!

  • Unless they are very wealthy, parents are always more willing to buy a used car for their child’s first car.

  • When the economy is going well and interest rates are low, car buyers tend to buy new cars…but there will always be a market for used cars.

  • When the economy is in recessi
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    When studying brand name marketing and line extension on a product it is necessary to look at reasonable, relative and current case studies. Too often academia and business colleges that produce MBA students are too busy looking at the past and what worked then or did not wor
    15% the second year – 13% in the third year – and 12% in the fourth year!

  • Unless they are very wealthy, parents are always more willing to buy a used car for their child’s first car.

  • When the economy is going well and interest rates are low, car buyers tend to buy new cars…but there will always be a market for used cars.

  • When the economy is in recessi
    Launch A New Product With Promotional Gifts
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  • When the economy is going well and interest rates are low, car buyers tend to buy new cars…but there will always be a market for used cars.

  • When the economy is in recession, most people hold off on new car purchases or they buy a used car instead.

  Can you see now why buying and selling cars for profit is and will continue to be one of the few true recession proof businesses?

  More and more developing nations are seeking “first world” status, and as of 1997, there were 600 million vehicles in the world and that figure is expected to double by the year 2030!

  Manheim Used Car Auctions recently reported that the net profit for used vehicles (for large car dealerships) was an average of $230.00 per car and the average net profit for new vehicles was a negative $14.00.

  So has it come to the point where mega car dealerships with their insanely high overhead are using new cars as loss leaders in order to