CarDealershipGuy Podcast

By CarDealershipGuy

Listen to a podcast, please open Podcast Republic app. Available on Google Play Store.


Category: Automotive

Open in Apple Podcasts


Open RSS feed


Open Website


Rate for this podcast

Subscribers: 28
Reviews: 0
Episodes: 12

Description

CarDealershipGuy — the internet's viral car dealer and market commentator — shares unbiased and transparent insights into the auto market. Join 50,000+ weekly listeners who tune in to hear from auto industry leaders, innovators and CarDealershipGuy himself. For more free insights, visit dealershipguy.com and follow CarDealershipGuy on Twitter (@GuyDealership). Interested in advertising with CarDealershipGuy? Join the sponsor waitlist ⁠here⁠: cdgpartner.com

Episode Date
#12 Art of appraising cars, How much money auto wholesalers make, Cars to avoid, Building a 140K-person online car community | Chad Cunningham, Exotic Car Buyer
01:04:48

In this episode, I'm speaking with Chad Cunningham, aka WholesaleChad, an exotic car buyer with GiveMeTheVIN.


00:00 - Intro

01:49 - Chad's background

05:48 - How wholesaling works

13:31 - Achieving consistent profitability

17:17 - The "vibe" factor at auctions

23:47 - Becoming a top-performing wholesaler

29:14 - How Chad appraises cars

35:30 - Which cars to stay away from

40:38 - Navigating trade-in offers & used car prices

45:45 - Wholesale Car Club

56:45 - CDG face reveal?

59:52 - Wrapping up


Follow Chad:

Chad's website.

Give Me The VIN's website.

Wholesale Car Club on Facebook.


Please take a moment to visit this episode's sponsor:

FullpathDiscover Automotive's Leading Customer Data and Experience Platform.

Turn your first-party data into customers for life with Fullpath


Check out ⁠⁠the website⁠⁠ for more and follow me on Twitter @GuyDealership! Interested in advertising with CarDealershipGuy? Join the sponsor waitlist ⁠⁠here⁠⁠. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions.

Jun 02, 2023
#11 Acquiring the domain Cars.com, Signing up first 100 dealers, Pulse on the car market, EVs, DTC, Disrupting vehicle trade-ins | Alex Vetter, CEO of Cars.com
00:43:40

In this episode, I’m speaking with Alex Vetter, co-founder and CEO of Cars.com.


00;00 - Intro

01:25 - Acquiring *the* domain

02:44 - 25th year anniversary

05:13 - Company background

09:08 - Keeping up with the pace of tech

12:03 - Tailwinds & headwinds

13:24 - Where are we headed as an industry

18:38 - EV search share

21:38 - Direct-to-Consumer

26:07 - Wholesale and Retail

36:31 - Leaning into AI

40:13 - The Future of Cars.com


Find Alex on Twitter @tavetter.


Check out ⁠the website⁠ for more and follow me on Twitter @GuyDealership! Interested in advertising with CarDealershipGuy? Join the sponsor waitlist ⁠here⁠. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions.

May 30, 2023
#10 Dealer's secret weapon, How ChatGPT will change the car business, what dealers know about you, CDG's crazy car buying idea | Aharon Horwitz, Co-Founder & CEO of Fullpath
00:43:23

In this episode, I'm speaking with Aharon Horwitz, co-founder and CEO of Fullpath. (00:00) Intro (01:23) Fullpath's story (03:45) What Fullpath does for dealers & consumers (06:20) Leveraging 1st-party data (13:56) Business metrics (16:56) Best/worst marketing strategies (22:20) How AI can help dealers & consumers (33:34) CDG's vision for AI-powered car-buying (41:54) Wrapping up Learn more about Fullpath. Check out the website for more and follow me on Twitter @GuyDealership! Interested in advertising with CarDealershipGuy? Join the sponsor waitlist here. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions.

May 20, 2023
#9 Why we still have vehicle shortages, new and used car price predictions, when we’ll get back to normal & that time CDG bought 50 Chevys at auction | Jonathan Smoke, Chief Economist, Cox Automotive
00:51:54

In this episode, I'm speaking with Jonathan Smoke, Chief Economist at Cox Automotive.


(00:00) Intro

(00:51) Our unique market environment

(04:12) Jonathan's background

(08:45) The Great Digitization

(11:46) That time CDG bought 50 Chevys at auction

(13:40) Are we in a K-shaped recovery?

(18:45) Domestic vs International supply constraints

(26:00) When do we get back to 2019 price levels?

(33:45) Forecasting new vs used car prices

(38:19) Advising a new car buyer

(41:42) Jonathan's take on EVs

(47:38) DJ Smoke's recommended listening


You can find Jonathan here:

Twitter @SmokeonCars

Smoke on Cars insights at Cox Automotive


This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions.


Check out dealershipguy.com for more and follow me on Twitter @GuyDealership!


Interested in advertising with CarDealershipGuy? Join the sponsor waitlist here.

May 12, 2023
#8 How much money dealers make, Secret to acquiring 15 car dealerships, Most profitable customers, Tricks to get the best car deal | Jake Lebowitz, Raceway Auto Group
00:56:08

In this episode, I'm speaking with Jake Lebowitz of Raceway Auto Group in New Jersey. We talk about how much he makes as a dealer, his secret method for acquiring 15 car dealerships, the most profitable customers, why he won't touch Ford dealerships, and tricks to get the best car deal.


(00:00) Intro

(01:08) Raceway Auto Group

(02:40) M&A activity

(06:47) Sourcing strategies

(13:32) Jake's best deal

(17:13) Delegating operations

(21:45) Best and worst customers

(25:09) Jake's thoughts on used cars

(30:23) The uphill battle for small dealerships

(32:42) Which car brands are on the decline

(43:00) How consumers can find good deals

(46:17) Forecasting car prices

(52:42) Wrapping up


This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions.


One quick favor! Help me grow this podcast by liking this episode, leaving a review below, and subscribing to the channel :)


Check out dealershipguy.com for more and follow me on Twitter @GuyDealership!


Interested in advertising with CarDealershipGuy? Join the sponsor waitlist.

May 05, 2023
#7 EV lifespan secrets, Tesla prices impact on car dealerships, Investment opportunities in the EV space, Bear case for EV adoption | Scott Case, Co-Founder & CEO of Recurrent
00:46:44

In this episode, I'm speaking with Scott Case, co-founder and CEO of Recurrent.


(00:00) Intro

(00:56) EV battery reports? Recurrent's story

(02:37) What happens when your EV's warranty expires

(06:15) The truth behind EV battery range

(08:52) Scott's take on EV % of market share by 2030

(11:20) How changing Tesla prices are impacting dealerships

(16:06) The Recurrent Flywheel

(20:45) When does an EV lose most of its value?

(24:01) Investment opportunities in the EV space

(31:48) Operational changes for dealerships

(33:54) The bear case for EV adoption

(43:57) Wrapping up


This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions.


One quick favor! Help me grow this podcast by liking this episode, leaving a review below, and subscribing to the channel :)


Check out ⁠⁠⁠⁠⁠dealershipguy.com⁠⁠⁠⁠⁠ for more and follow me on Twitter @GuyDealership!


Interested in advertising with CarDealershipGuy? Join the sponsor waitlist ⁠⁠⁠⁠⁠here⁠⁠⁠⁠⁠.

Apr 28, 2023
#6 Carvana’s secret sauce, what’s next for auto lenders, pros/cons of credit unions | Chris Coleman, Co-Founder of WithClutch
00:48:09

In this episode, I'm speaking with Chris Coleman, co-founder and Head of Product at WithClutch.


(01:10) Chris' background

(03:21) Carlypso origin story

(07:11) Carvana acquires Carlypso

(13:11) Transitioning post-acquisition

(18:27) What is Carvana's edge?

(24:56) Pros & Cons of working with credit unions

(34:42) Founding and growing WithClutch

(44:37) Does Carvana survive?

(46:37) Conclusion


This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions.


One quick favor! Help me grow this podcast by liking this episode, leaving a review below, and subscribing to the channel :)


Check out ⁠⁠⁠⁠dealershipguy.com⁠⁠⁠⁠ for more and follow me on Twitter @GuyDealership!


Interested in advertising with CarDealershipGuy? Join the sponsor waitlist ⁠⁠⁠⁠here⁠⁠⁠⁠.


Apr 21, 2023
#5 Future of car-buying, will small dealers go extinct, investment opportunities in EV space | Steve Greenfield, Founder of Automotive Ventures
00:53:58

In this episode, I'm speaking with Steve Greenfield, Founder/CEO of ⁠Automotive Ventures⁠ and author of the book "⁠The Future of Automotive Retail⁠."


(0:00) Intro

(1:33) What will car-buying look like in 5-10 years?

(11:22) Are smaller dealerships at risk of extinction?

(14:12) Will auto-makers go direct-to-consumer?

(24:22) Investment opportunities in the EV space

(33:45) Trends that Automotive Ventures is focused on

(51:35) What has Steve changed his mind about in the last 5 years?


This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions.


One quick favor! Help me grow this podcast by liking this episode, leaving a review below, and subscribing to the channel :)


Check out ⁠⁠⁠dealershipguy.com⁠⁠⁠ for more and follow me on Twitter @GuyDealership!


Interested in advertising with CarDealershipGuy? Join the sponsor waitlist ⁠⁠⁠here⁠⁠⁠.

Apr 14, 2023
#4 Is a major player in auto loans preparing for the worst?
00:12:40

In this episode, I share my thoughts and a few anecdotes about a concerning situation that I'm observing in auto lending.


(0:00) Intro

(0:41) Context

(3:00) First point

(7:52) Second point

(10:21) Third point

(11:04) Recap


This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions.


One quick favor! Help me grow this podcast by liking this episode, leaving a review below, and subscribing to the channel :)


Check out dealershipguy.com for more and follow me on Twitter @GuyDealership!


Interested in advertising with CarDealershipGuy? Join the sponsor waitlist here.

Apr 09, 2023
#3 Why car leasing sucks right now
00:07:52

In this episode, I go into detail on how leasing has affected used car prices and will continue to do so for years to come.


(0:00) Intro

(0:39) What's happening with car leasing and why is it affecting used car prices?

(2:12) Reason 1

(3:11) Reason 2

(3:49) Reason 3

(7:33) Outro


This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions.


One quick favor! Help me grow this podcast by liking this episode, leaving a review below, and subscribing to the channel :)


Check out ⁠⁠dealershipguy.com⁠⁠ for more and follow me on Twitter @GuyDealership!


Interested in advertising with CarDealershipGuy? Join the sponsor waitlist ⁠⁠here⁠⁠.

Apr 07, 2023
#2 New vs Used cars. What’s a better deal right now?
00:17:41

EP2: New vs Used cars. What’s a better deal right now?


— What’s next for New cars?

— Why Toyota is f*cking up

— My concerns about Used car supply

— Observations from our service center


This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions.


One quick favor! Help me grow this podcast by liking this episode, leaving a review below, and subscribing to the channel :)


Check out ⁠⁠dealershipguy.com⁠⁠ for more and follow me on Twitter @GuyDealership!


Interested in advertising with CarDealershipGuy? Join the sponsor waitlist ⁠⁠here⁠⁠.

Mar 31, 2023
#1 What's brewing with vehicle repossessions
00:09:24

EP1: What's brewing with vehicle repossessions


This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions.


One quick favor! Help me grow this podcast by liking this episode, leaving a review below, and subscribing to the channel :)


Check out ⁠⁠dealershipguy.com⁠⁠ for more and follow me on Twitter @GuyDealership!


Interested in advertising with CarDealershipGuy? Join the sponsor waitlist ⁠⁠here⁠⁠.

Mar 24, 2023