How Car Dealerships Rip You Off

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In this video we’re going to watch Marko from WhiteBoard Finance explain exactly how car dealerships rip you off using the four square method. I think Marko does a great job on his channel WhiteBoard Finance, however I disagree with some of what Marko claims in this video so I’ve added my own commentary from my perspective as a former Mercedes Benz car salesman. I include supporting data with my commentary on this wildly popular video which now has over 7 million views.

How much profit do car dealers make on new and used cars?
Average gross profit between new and used cars.