Physical Auto Auctions
topic on 1 show · 1 statements across 1 episodes
1 statements about Physical Auto Auctions, every show
Traditional physical auto auctions build business moats by integrating floor plan lending
“The biggest physical auction or traditional auctions, what they've done is, you know, they've integrated other businesses. Now I'm not telling you here that they've kind of given up on margin on the sales front, but you know, they become lenders, right? So the…”