Enjoy this episode here: Redgate Lodge | Dealership Diary, your inside look at life at one of the leading North East used car dealers, Redgate Lodge Motor Group in Newcastle upon Tyne!
Ever wondered how much profit a used car dealership actually makes on the cars it sells? In this episode, Redgate Lodge Managing Director Scott pulls back the curtain and reveals the reality behind the numbers.
Not every car is a money-maker. Some fly off the forecourt with healthy margins, while others can tie up thousands of pounds and end up costing the dealership money.
In this honest, behind-the-scenes discussion, Scott reveals:
💰 Which used car models have delivered the biggest profits for Redgate Lodge.
📈 The brands and vehicles that consistently perform well for Newcastle’s leading used car dealership.
⚠️ Which cars have caused expensive headaches and why we’d think twice before stocking them again.
📉 The manufacturers that can lead to the biggest losses through depreciation, reliability issues and slow sales.
🚗 What Redgate Lodge now looks for when buying stock and how customer demand has changed.
From premium SUVs to everyday hatchbacks, Scott shares real experiences from buying and selling thousands of used cars across Tyne and Wear, giving you an insider’s look at the business of used cars.