The Importance of Car Dealerships in the Economy

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Car dealership industry is an incredible leading indicator economic leading indicator for the economy If you think about what is a car business, right? Well number one people are buying Arguably the second largest purchase they're gonna make in her lifetime a car right behind a house. Second thing is it has direct ties to many other important industries such as lending. And so it's just there's all these different parts of the economy that are intertwined and they're all impacted the car business.

Car Dealership Guy joins the NIA boys to discuss EVs, Tesla, Auto Loans & Lease vs. Own, and much more

Timestamps:

(00:00:00) - Intro
(00:01:51) - Car Dealership Guy's Background Story
(00:03:22) - TLDR on the Importance of the Auto Industry to the Economy
(00:09:38) - Car Dealership Guy's approach to Twitter
(00:10:29) - The State of the Auto Industry's Inventory
(00:14:01) - Are there any differences between cars?
(00:16:22) - Inside look at the Used-Car Dealership Business
(00:19:29) - Pros and Cons of Online Car Shopping
(00:22:48) - Carvana Breakdown
(00:25:12) - Why you shouldn't buy used German cars
(00:28:58) - Are some cars more likely to be stolen?
(00:31:12) - Lease vs. Own
(00:34:48) - All Things Tesla
(00:43:38) - Rapid Fire Questions
(00:53:18) - Our Family Cars and First Cars

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