Krantz Motors Sales was a small used car lot selling common everyday vehicles located in Minneapolis, Minnesota at the intersection of West Lake Street and Garfield Avenue. None of the inventory is really noteworthy, although the ways this operation made its profit is.
There is a saying in the used car business that the day the profit on a used car is made is the day it is purchased. By buying inventory at the wholesale level or below, and waiting to sell it for a retail price is where the money is made. Kranz’s “Quick Cash In A Flash” sign gave them an opportunity to do just that and buy cars as cheaply as possible.
Share with us what you find of interest in the photograph courtesy of the Hennepin County Library.