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#17 Shocking revelation about car dealer profits, Exploiting seasonality in the business, When CDG bought 100 cars with a credit card | Joel Bassam, President of Eastern Motors

#17 Shocking revelation about car dealer profits, Exploiting seasonality in the business, When CDG bought 100 cars with a credit card | Joel Bassam, President of Eastern Motors

Car Dealership Guy Podcast

July 7, 20231h 5m

Audio is streamed directly from the publisher (chrt.fm) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.

Show Notes

In this episode, I'm speaking with Joel Bassam, President of Easterns Automotive Group.


00:00 - Intro

02:03 - Joel's background

05:15 - Easterns business model

13:06 - Weathering the current market

20:19 - Unit economics & Sourcing

30:37 - CDG's gov't auction story

36:21 - Revenues & Margins

42:28 - Marketing strategy

54:12 - Growth & Expansion

59:23 - Wrapping up


Follow Joel:

@jbassam2 on Twitter.

Joel's LinkedIn.

Easterns.com.


Please take a moment to visit this episode's sponsor:

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