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Comm0ut
Lucky Lopez
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Comments by "Comm0ut" (@Comm0ut) on "" video.
The dealer I worked for retired very rich because he was brilliant. He did not "finance". He did sell on time payments! There is a major difference because there was no change in price for early payoff and because if you do not lend money you do not have to deal with all the paperwork required and the much more expensive accounting. Another wise move was telling customers that if they could not make payments but were nice enough to return the vehicle so it would not have to be repo'ed, he did not legally consider it a repo and would sell them a different vehicle in the future with no fuss. He sold to multiple generations of the same family.
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