I challenge you to explain how that came close to objective. Best-case breakeven. Why would many thousand of used-car lots exist if best case was breakeven?
> research on the note lot business to see if there’s ever been, > in the history of note lots, the kind of profits they are > talking about, generated with their current projected revenue > base?
Well unless all of the BHPH dealers are willing to open up their books to iHub, then one can only *speculate* as to the various results individual BHPH lots. But if someone wants to see a survey of financial benchmarks, Ken Shilson's site is the place to start:
I suspect he knows a good deal about the subject having founded the NABD and worked with many BHPH lots.
> And don’t forget the GPS business, which is currently losing > money
Yes, they're just getting going. The estimates I've heard are around 1,000 units per month. I think they can increase this figure tremendously if they go after the right market segment. Fortunately, NWAU is branching out into other areas, most of which don't require the same kind of investments are GPS.
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