The 21 Reasons I Lost $102,387.53 in My Small Used Car Business.
8 min readMar 28, 2022
(Everything you need to know to totally ruin a used car business.)
My hope in writing this is that someone will learn from some of my pitfalls, mistakes, etc., and be able to succeed where I failed. I tried my best to remember all the things I ran into.
As in any human endeavor, your experience may be different. Good luck!
- Experience- I had none. I had only sold cars for 2 weeks in 1979 for a back-woods Ford dealership 30 m iles south of St. Louis, MO. and I failed at…