6 Used Car Dealer Success Stories [2024]

Pat Walls

•

Updated: November 1st, 2023

Become An Used Car Dealer

Here are some real life success stories of starting a used car dealer:

1. The Clunker Junker ($5.89M/year)

Eric and Valerie Mitz, founders of The Clunker Junker, initially started off as an affiliate website generating leads for junk car removal companies. However, after facing challenges and setbacks, they decided to provide the service themselves and built a custom software platform connecting junk car buyers and sellers. The Clunker Junker has since grown into a successful business, generating close to $6 million in revenue in 2020.

How much they make: $5.89M/year
How much did it cost to start: $20
Current team size: 4

How We Built A Platform To Buy Used Cars And Grew It To A $6M/Year Business

The Clunker Junker founders built a modern platform that has enabled the purchase of hundreds of thousands of cars across the US, generating almost $6 million in revenue in 2020 and changing their lives forever.

About

Eric started The Clunker Junker over 14 years ago

Revenue

Eric grew the business to $491K/month

Costs

It cost Eric $20 to start the business

Read this case study

Read by 8,792 founders

Learn more about starting an used car dealer:

Where to start?

-> How much does it cost to start an used car dealer?
-> Pros and cons of an used car dealer

Need inspiration?

-> Examples of established used car dealer
-> Marketing ideas for an used car dealer

Other resources

Part of

Becoming An Used Car Dealer: Everything You Need To Know

‹

›

4. Car Max

Where they're located: Indianapolis, Indiana, USA
Website traffic: 20.9M/month

5. Shift

Skip the dealership and find cars for sale online. Shift is a used cars website where peer-to-peer car buying meets certified quality, for thousands less. We bring the no-obligation test drive to you.

Where they're located: Fremont, California, USA
Website traffic: 1.19M/month

6. Enterprise Car Sales

Buy. Sell. Trade. Enterprise makes it easy.™ Browse quality, pre-owned vehicles, estimate the value of your trade, apply for financing or schedule a test drive.

Where they're located: Memphis, Tennessee, United States