3min chapter

Car Dealership Guy Podcast cover image

#21 Secrets of buying and selling dealerships, Best and worst auto franchises, Lessons from $5.5B of dealership buy-sell transactions, Have dealership profits peaked? | Alan Haig, President & Founder, Haig Partners

Car Dealership Guy Podcast

CHAPTER

The Future of Ford Dealerships

I think for some dealers I feel like mr. Farley's trying to become Elon Musk You're we're just gonna throw away the old business model and adopt EVs And you know split in the company three parts and him deciding to run the EV side is not sure that makes you feel great. The average four store is pretty small so maybe 500 units a year so they invest a million seven How many EVs will you get? Well, what a margin get like the payback period is terrible Uh, and yet still a lot of dealers are trying to do it like and then the math on this sometimes It gets a little comical for instance. Of the fish not just saying like I don

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