<body><div><figure><img src="https://img.particlenews.com/image.php?type=thumbnail_580x000&amp;url=2JehvP_0vjHK97s00" alt="https://img.particlenews.com/image.php?url=2JehvP_0vjHK97s00" width="903" height="482" ></figure><p>September 25, 2024 - Level Up Auto Sales recently filed for Chapter 11 bankruptcy. The St. Petersburg used car dealership reported between $10 million and $50 million in debt and $1 million and $10 million in assets. Used car prices surged during the pandemic, and dealerships have since faced declining margins and less demand.</p></div></body>

Mountain View, CA

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St. Pete used car dealership files for bankruptcy

September 25, 2024 - Level Up Auto Sales recently filed for Chapter 11 bankruptcy. The St. Petersburg used car dealership reported between $10 million and $50 million in debt and $1 million and $10 million in assets. Used car prices surged during the pandemic, and dealerships have since faced declining margins and less demand.