Discussion about this post

User's avatar
The Rational Walk's avatar

It occurs to me that this post might seem to endorse Car-Mart’s interest rates, but that’s not the case. I have some concerns about the business model that I’ve reserved for the write-up on the company. Point here was just to use the company as an example of why some customers might take an action that, at face value, seems to make little sense if viewed from the perspective of someone who’s not in the same socioeconomic demographic.

Expand full comment
Long Term Thinking's avatar

It is important to not forget in business, that you aren’t always the target customer for your product or service, but it’s a key advantage to understand who is.

Be interesting to know more about the inner workings of used car dealers and what at makes them the most money, seems in this care they are making perennially the most on the finance rather than the car

Expand full comment
1 more comment...

No posts