Why Used Car Dealers are Going Bankrupt

In this video, we'll explore why financing is leading used car dealers to go bankrupt.By using financing, dealers are able to increase their sales and margins, but this comes with a cost.

Used car dealerships are facing a financial crisis that is likely to get worse before it gets better. The prolonged low interest rates have caused used car dealers to borrow more money than they can afford to repay, and the high levels of debt are now putting them at risk of bankruptcy. This video explains the reasons behind the used car dealers' financial troubles and how you can avoid being affected by them.

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