Navigating Challenges in Luxury Car Dealerships

Welcome to the Car Dealership Guy Podcast. In this episode, I speak with John Temerian, CEO of CURATED, a Miami-based boutique dealership specializing in rare, vintage supercars and catering to the ultra-elite. We discuss how a lifelong obsession with supercars turned into an impressive business, his wild search for "blue chip" cars, and how he became the go-to car concierge for the rich and powerful looking to build world-class car collections.

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CDK Global - Empowering dealers with the tools and technology to build deeper customer relationships. Learn more @ https://www.cdkglobal.com/dealership-xperience-platform

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Topics:

(00:00:00) - Intro

(00:01:53) - John’s career and background

(00:11:08) - Launching CURATED

(00:20:16) - What is CURATED today?

(00:25:59) - How do you make money at this?

(00:27:38) - What is your average sales price and gross margin?

(00:30:20) - How long do cars sit in inventory?

(00:31:48) - Vehicle Reconditioning

(00:34:58) - Where do you source vehicles?

(00:42:23) - Can you share any names of legendary clients?

(00:44:27) - If you had to restart your business, what market would you play in?

(00:47:30) - What’s your ideal customer profile?

(00:49:29) - Is there price discovery in your industry?

(00:52:45) - How did you get involved in VC?

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