Car Dealership Finance (F&I) Profits & Insanity EXPOSED at Legacy Auto! -SHOCKING!

Dealership Dark Secrets Part 2! How Legacy Automotive Dealerships generate profits from the "back end" of the deal through the Finance Department (F&I) and how they are killing the Legacy Auto Manufacturers they represent! The Industry is moving to DTC (Direct To Consumer) and fast!
More dark secrets of Legacy Automotive to come, so stay tuned!
I am a 15 year veteran of Legacy Automotive. I achieved Multi-Year Top Sales Volume & Gross Nationwide in Canada at the top OEM dealership in the country. Also managed a pre-owned dealership and built an EV focused department. Pioneered online and virtual auto sales a decade before it was mainstream.
Don't miss out my unique perspective & insight on upcoming videos discussing the current & future state of the Automotive Industry, Automotive Dealership Network, Tesla, All Things Electric, Real Estate, Airbnb, Long Term Rentals, Bitcoin, Home Renovations and more!

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TIMESTAMPS:
0:00 Introduction
0:26 What is the "Back End" of the deal
0:51 Products Sold By The Dealerships
2:36 Trade-in Over-allowance Manipulation
4:29 3rd Party Products
7:14 A Little Something Extra
13:32 Bringing This Full Circle


LINKS:
Jalopnik: "Ford Abolish Dealerships" article:
https://jalopnik.com/ford-ceo-wants-to-abolish-the-dealership-experience-as-1849007700

Tags: #Tesla #LegacyAutomotive #Automotive #Dealership #Finance #AutoLeasing #AutomotiveFinance #CarFinancing #CarDealership #dealershipsecrets #ElonMusk #Ford #Toyota #Nissan #CarSales #ElectricCars #AutoSales #Sales #SalesTraining

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