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#454 - 7 Loan Extensions in 6 Weeks: What Car-Mart's Crisis Teaches Every Dealer
In this episode of the Independent Dealer Podcast, Jeff Watson and Luke Godwin go no-guest and cover two things on their minds: what Car-Mart’s credit crunch says about running a buy here pay here operation at scale, and how far AI agents can actually take a dealership today. From a publicly traded chain with a stock hovering around a dollar to a Grok bot that worked 27 cars in 31 minutes, this is a straight conversation about overhead, cash flow, and the idea of an employee-less car lot.
What You’ll Learn:
Why Car-Mart’s situation, with repeated loan extensions, a default-or-bankruptcy…
The skinny
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