Ray's Used Cars
How we got $3.0M
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
What they do
Ray's Used Cars is a used car dealer in Oklahoma City, OK, offering cost-effective daily drivers to luxury vehicles. It also offers trade-in and vehicle sell services.
From the company's website. Industry: Car dealers.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Ray's Used Cars this business | $22.5M | — |
| RC Auto Oklahoma City | $22.5M | 0.0 mi |
| Ryder Used Trucks Oklahoma City | $22.5M | 1.0 mi |
| Car Deals OK Oklahoma City | $22.5M | 1.1 mi |
| O'city Motors Llc Oklahoma City | $22.5M | 1.1 mi |
| TIO CHUY'S AUTO FINANCE LLC Oklahoma City · 16 employees | $25.6M | 1.2 mi |
| TIO CHUY'S AUTO SALES, LLC. Oklahoma City · 29 employees | $45.2M | 1.2 mi |
The full calculation
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
| Estimated value = EBITDA × typical sale multiple | $3.0M |
| Multiple for this size and industry | 3× |
| Value range | $347K – $6.7M |
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Automobile dealers businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (4%). Treat these as a rough guide.
| Revenue range | $3.3M – $42.2M |
| EBITDA range | $145K – $1.9M |
| Industry (NAICS) | Automobile dealers (4411) |
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: US Economic Census 2022, OK. These are statistical estimates, not reported financials. Listing details come from Overture Maps open data. Full methodology
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Ray's Used Cars
Ray's Used Cars is a car dealers company in Oklahoma City, Oklahoma, in business since 2018. Its estimated annual revenue is about $22.5M, with roughly $987K of EBITDA. Its estimated business value is $3.0M (likely range $347K–$6.7M).
Common questions
- Who owns Ray's Used Cars?
- The owner of Ray's Used Cars isn't in public records we've found yet. If you own or run the business, you can add or correct its details on SeeBITDA.
- How much revenue does Ray's Used Cars make?
- SeeBITDA estimates Ray's Used Cars's annual revenue at about $22.5M (likely between $3.3M and $42.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Ray's Used Cars worth?
- About $3.0M, roughly 3× its estimated EBITDA of $987K, typical for a car dealers company its size. Likely range: $347K–$6.7M.
- When was Ray's Used Cars founded?
- Ray's Used Cars has been in business since 2018.