#8 How much money dealers make, Secret to acquiring 15 car dealerships, Most profitable customers, Tricks to get the best car deal | Jake Lebowitz, Raceway Auto Group

<p>In this episode, I'm speaking with Jake Lebowitz of Raceway Auto Group in New Jersey. We talk about how much he makes as a dealer, his secret method for acquiring 15 car dealerships, the most profitable customers, why he won't touch Ford dealerships, and tricks to get the best car deal. </p>
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<p>(00:00) Intro</p>
<p>(01:08) Raceway Auto Group</p>
<p>(02:40) M&amp;A activity</p>
<p>(06:47) Sourcing strategies</p>
<p>(13:32) Jake's best deal</p>
<p>(17:13) Delegating operations</p>
<p>(21:45) Best and worst customers</p>
<p>(25:09) Jake's thoughts on used cars</p>
<p>(30:23) The uphill battle for small dealerships</p>
<p>(32:42) Which car brands are on the decline</p>
<p>(43:00) How consumers can find good deals</p>
<p>(46:17) Forecasting car prices</p>
<p>(52:42) Wrapping up</p>
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<p><em>This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions.</em></p>
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