The Extinction of Small Used Car Dealerships: A Closer Look at Corporate Exploitation
In recent years, the used car dealership industry has seen a troubling trend: the decline of small, independent “mom-and-pop” dealerships, particularly in inner-city neighborhoods. Historically vital for providing affordable vehicles to underserved communities, these local businesses are increasingly being squeezed out by corporate giants employing unscrupulous tactics. A notable case involving NextGear Capital, Inc., one of the largest lenders to used car dealerships, exemplifies the damaging practices contributing to this trend. This article examines the systemic exploitation faced by small
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