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Houston Crosta

πŸ‘€ Speaker
894 total appearances

Appearances Over Time

Podcast Appearances

Digital Social Hour
Houston Crosta: He Bought a Bugatti Then Lost 25% Overnight | DSH #1593

How could they do that?

Digital Social Hour
Houston Crosta: He Bought a Bugatti Then Lost 25% Overnight | DSH #1593

I don't, I don't know.

Digital Social Hour
Houston Crosta: He Bought a Bugatti Then Lost 25% Overnight | DSH #1593

Like, how could you, that's not employees.

Digital Social Hour
Houston Crosta: He Bought a Bugatti Then Lost 25% Overnight | DSH #1593

That's not payroll.

Digital Social Hour
Houston Crosta: He Bought a Bugatti Then Lost 25% Overnight | DSH #1593

That's all these other factors, right?

Digital Social Hour
Houston Crosta: He Bought a Bugatti Then Lost 25% Overnight | DSH #1593

That's just taking simple math inventory to like cost ratio.

Digital Social Hour
Houston Crosta: He Bought a Bugatti Then Lost 25% Overnight | DSH #1593

How are you selling?

Digital Social Hour
Houston Crosta: He Bought a Bugatti Then Lost 25% Overnight | DSH #1593

How could you sell this many cars?

Digital Social Hour
Houston Crosta: He Bought a Bugatti Then Lost 25% Overnight | DSH #1593

You know, back when I followed the other markets, I remember thinking that I remember looking into it and CarMax average sales were about 600 to a thousand cars a month.

Digital Social Hour
Houston Crosta: He Bought a Bugatti Then Lost 25% Overnight | DSH #1593

What CarMax did in, in a store, right?

Digital Social Hour
Houston Crosta: He Bought a Bugatti Then Lost 25% Overnight | DSH #1593

Yeah.

Digital Social Hour
Houston Crosta: He Bought a Bugatti Then Lost 25% Overnight | DSH #1593

But CarMax's average profit per car was around $2,000 to $3,000 net, right?

Digital Social Hour
Houston Crosta: He Bought a Bugatti Then Lost 25% Overnight | DSH #1593

So that's really not that much money, right?

Digital Social Hour
Houston Crosta: He Bought a Bugatti Then Lost 25% Overnight | DSH #1593

CarMax selling that many cars was only making around $1.5 to $2 million a year.

Digital Social Hour
Houston Crosta: He Bought a Bugatti Then Lost 25% Overnight | DSH #1593

Or sorry, $2 million a month.

Digital Social Hour
Houston Crosta: He Bought a Bugatti Then Lost 25% Overnight | DSH #1593

In the supercar world, the profit, let's say it's 10 times that, but you're not selling 600 cars a month.

Digital Social Hour
Houston Crosta: He Bought a Bugatti Then Lost 25% Overnight | DSH #1593

How many could you sell?

Digital Social Hour
Houston Crosta: He Bought a Bugatti Then Lost 25% Overnight | DSH #1593

30?

Digital Social Hour
Houston Crosta: He Bought a Bugatti Then Lost 25% Overnight | DSH #1593

One a day?

Digital Social Hour
Houston Crosta: He Bought a Bugatti Then Lost 25% Overnight | DSH #1593

Two a day?