Casual Articles
#1 in Business Subscribe Email Print

You are here: Home > Business > Entrepreneurialism > Buying and Selling Cars For Profit is a Recession Proof Business

Tags

  • service
  • wealthy
  • buyers
  • inventory because
  • seeking first

  • Links

  • Don't Be Too Passionate About Your Work
  • Mineral Makeup - The Latest Trend in Cosmetics
  • Managing The Boss Is Essential To Career Success
  • Casual Articles - Buying and Selling Cars For Profit is a Recession Proof Business

    Customer Service and Concierge Considerations
    If you are considering a job in customer service then perhaps you should go to work as an intern for a Concierge Company or at the Concierge Desk at a 5-Star Hotel and Resort. Why? Well because this truly epitomizes customer service.There are many companies, which have
    e mega car dealerships with their insanely high overhead are using new cars as loss leaders in order to sell their used cars?

    New car dealers also make lots of money from added on fee’s (like points on the financing, etc.) and any up-sells they can entice the consumer into buying, but still, all big new car lots push their used car inventory because they are keenly aware that buying and selling c

    Dissatisfied with Your Job? Take Your Power Back!
    Apparently, there are all sorts of reasons to be dissatisfied with your job...Statistically, studies have shown that:-Lack of career advancement -Lack of training -Lack of direction from supervisors -A challenging economy -Lack of support from
    Buying and selling cars for profit really is a TRUE recession proof business.

    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 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 sell their used cars?

    New car dealers also make lots of money from added on fee’s (like points on the financing, etc.) and any up-sells they can entice the consumer into buying, but still, all big new car lots push their used car inventory because they are keenly aware that buying and selling ca

    That's My Story And I'm Sticking To It
    If you're a hiring manager that utilizes pre-employment assessments, check out Jonathan P. Niednagel and his website/blog, BrainTypes.com. The guy drives me nuts for no other reason than the fact that he updates so infrequently and I really like what he has to say. His area of
    estment 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 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 sell their used cars?

    New car dealers also make lots of money from added on fee’s (like points on the financing, etc.) and any up-sells they can entice the consumer into buying, but still, all big new car lots push their used car inventory because they are keenly aware that buying and selling c

    What Do You Need to Know About Consumer Awareness
    Are you an individual, a common man who toils day and night, up and down to earn three meals a day? If yes, then do you at times come home depressed with a look of betrayal on your face? There can be reasons like someone withdrew cash from your credit card and you have no clue
    d 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 sell their used cars?

    New car dealers also make lots of money from added on fee’s (like points on the financing, etc.) and any up-sells they can entice the consumer into buying, but still, all big new car lots push their used car inventory because they are keenly aware that buying and selling c

    Good Job Candidates on Paper Doesn't Always Translate to Good Employees
    Getting a great job has never been more difficult. For both the job seeker and the hiring company, the job search is often an exercise in wasted time and money.With the advent of the computer, many people have become faceless in the business world. Technological advance
    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 sell their used cars?

    New car dealers also make lots of money from added on fee’s (like points on the financing, etc.) and any up-sells they can entice the consumer into buying, but still, all big new car lots push their used car inventory because they are keenly aware that buying and selling c

    Networking 101
    As a new business owner you must wear many hats. You will need knowledge of accounting, marketing, advertising, management, administration, inventory, sales, etc., in addition to knowledge pertaining to your industry. Since you may be very proficient in some of these a
    e mega car dealerships with their insanely high overhead are using new cars as loss leaders in order to sell their used cars?

    New car dealers also make lots of money from added on fee’s (like points on the financing, etc.) and any up-sells they can entice the consumer into buying, but still, all big new car lots push their used car inventory because they are keenly aware that buying and selling cars for profit is a huge money maker for them.

    Hmmm, do you think its possible that someone working from home with almost zero overhead could make money buying and selling cars for profit?

  • HTTP = HTML link (for blogs, profiles,phorums):
    <a href="http://www.casualarticles.com/article/16560/casualarticles-Buying-and-Selling-Cars-For-Profit-is-a-Recession-Proof-Business.html">Buying and Selling Cars For Profit is a Recession Proof Business</a>

    BB link (for phorums):
    [url=http://www.casualarticles.com/article/16560/casualarticles-Buying-and-Selling-Cars-For-Profit-is-a-Recession-Proof-Business.html]Buying and Selling Cars For Profit is a Recession Proof Business[/url]

    Related Articles:

    Know Your Customer's Customer

    Are You Dissatisfied With Your Job?

    Change Management: What's Your Approach to Organizational Transformation?

    Bookmark it: del.icio.us digg.com reddit.com netvouz.com google.com yahoo.com technorati.com furl.net bloglines.com socialdust.com ma.gnolia.com newsvine.com slashdot.org simpy.com shadows.com blinklist.com