Description: Paragon Honda of Queens, N.Y. shows us how it builds its used car inventory by buying customers’ cars when they get them serviced.
Source: CNNMoney.com Ã¢â‚¬â€œ video report
Questions for discussion:
- Explain the business model used by this firm.
- Why is it so successful?
- Why is this business doing well in the current economy?
- How is the management thinking different from other used cars dealerships?