"We moved to smaller quarters" said Tim Paynter, CEO of US Autos Direct llc, a Denver, CO., based automobile car lot.
"I was losing my shirt at the location." Paynter noted. Our Buy Here Pay Here accounts we down, even though we were selling a ton of vehicles.
US Autos Direct llc was founded as a volume car dealership. The company went from selling 2 cars a month to selling almost 50 cars a month in the span of two months.
"We had astronomical growth" said Paynter. "But then I developed a heart problem which put in down for quite awhile. I had to delegate responsibility, and that was a mistake."
Paynter said the used car business is a tough business these days. It is hard to get buyers financed. On top of that, the inexpensive vehicles US Autos was selling were sometimes difficult to get through emissions.
"We bought a lot of cars back" Paynter said. "I really felt for my clients. These are hard working people, some of them down on their luck, who needed good transportation. The problem is, when it comes to cars, they just are not very dependable in that price range."
US Autos Direct llc is a smaller company now. You can find them at 120 South Kalamath Street in Denver, CO. 720 951 1700
2016 Ford F350 Super Duty Release Date
9 years ago