Damon Carlson
Clearwater, FL (USA)
Role(s):
Founder/Owner/Principal
TNT Auto Sales
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Startup
Location:
Clearwater
Industry:
Automotive
Year Founded:
2000
Number Employees:
1-10 people
Description:
Automobile sales with financing of less than 24 months. Basically purchasing vehicles for $3500 and selling for $5500.00. With vehicle profit and interest, average returns of 80-100% are common. To combat loan delinquencies, each vehicle is equipped with a global positioning device.(GPS)Vehicle location can be performed at any time and an exact latitude/longitutde is provided. Automatic vehicle locations are performed weekly. By selling quality vehicles and providing limited warranties, reposessions are less than 5%. Additional funding is needed to purchase more inventory.