Car Dealership Guy Podcast #74 Can Hyundai challenge Toyota, Leaving $8M on the table, Selling cars on Amazon | Andrew DiFeo, Managing Partner of Hyundai of St. Augustine
Welcome to the Car Dealership Guy Podcast. In this episode I'm speaking with Andrew DiFeo, Managing Partner at Hyundai of St. Augustine where we discuss: Can Hyundai challenge Toyota? Why he left $8M on the table during Covid, Building a Florida dealership for $17M, How he's selling cars on Amazon and much more.
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Topics:
(00:00:00) - Intro
(00:02:48) - Andrew’s background and career
(00:05:29) - How big is the group today?
(00:07:26) - What’s the background on your new store?
(00:17:05) - How are you benefitting from the manufacturer given you’re operating out of a dealership like this?
(00:20:10) - Being in the car business vs. the relationship business
(00:29:25) - Is there a future where Hyundai challenges Toyota for market share?
(00:33:27) - How are your store’s profits split?
(00:39:28) - What are you seeing in the market today in regard to technology for auto retail?
(00:44:35) - Should more dealers be involved with VC and investing?
(00:46:44) - The Amazon-Hyundai announcement
(00:53:35) - What do you see for the future of your group?
Check out the Hyundai of St. Augustine here.
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