A used car lot dealership business plan needs to address the specific needs of the market for second hand autos. As we all know, a used car lots business plan must rely heavily on the generous mark up between trade in and sale price. Generally used car dealerships make money by finding buyers in desperate situations or uninformed customers who look only to the new payment and not the actual value of tyhe car traded and bought. A business plan for this must accurately describe the sales techniques that allow a used dealership to profit successfully from this margin in trade and purchase.
Things to consider in the business plan:
• Will the dealership specialize in a certain price point?
• Will the used lot provide financing to supplement the margin in each car?
• What marketing startegies including but not limited to craigslist and ebay used car sales will the lot use?
These are just a start in crafting your plan. MasterPlans can help you create a successful plan including this a myriad of other topics on the subject. MasterPlans has over 8000 past clients to draw from to help you achieve business planning success whether you are looking for grants, business bank loans, or investors. Located in Portland Oregon, contact MasterPlans to see how we can help you craft a specific business plan that understands you needs and needs of your capital sources. 877-453-2011 for a free consultation.
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