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Car Dealership Guy Podcast

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9 snips
Aug 11, 2023 • 58min

#22 Gatekeepers of Automotive media, Carvana avoiding bankruptcy, Integrating AI into your car, Making EV batteries obsolete, CDG’s announcement for 2024 | Cliff Banks, Founder, The Banks Report

In this episode, I'm speaking with Cliff Banks, Founder of The Banks Report. 00:00 - Intro01:38 - Cliff’s background08:30 - The Fate of Carvana16:40 - What’s next for the used car dealer? 34:10 - Are new car prices sustainable? 39:36 - Talking public auto stocks44:25 - How automotive media is changing56:30 - Wrapping up Follow Cliff:⁠Twitter⁠⁠The Banks Report⁠ Please take a moment to visit this episode's sponsor:⁠⁠Fullpath⁠⁠ – Discover Automotive's Leading Customer Data and Experience PlatformTurn 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.
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Aug 4, 2023 • 1h 25min

#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

In this episode, I'm speaking with Alan Haig, President & Founder of Haig Partners, LLC.00:00 - Intro01:51 - Alan's background10:07 - The journey to founding Haig Partners20:21 - The state of dealership M&A50:11 - Best & worst brands for consumer experience59:36 - Will this hot market continue throughout the decade?1:03:54 - The independent dealer market of the future1:20:57 - Wrapping upFollow Alan:LinkedInHaig PartnersPlease take a moment to visit this episode's sponsor:⁠Fullpath⁠ – Discover Automotive's Leading Customer Data and Experience PlatformTurn 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.
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13 snips
Jul 28, 2023 • 47min

#20 Selling a company for millions, Why most car sales are private party, Online car marketplace economics, Dealership hazing stories | Brad Parker, Founder & CEO of PrivateAuto

In this episode, I'm speaking with Brad Parker, Founder & CEO of ⁠PrivateAuto⁠.00:00 Intro01:05 Brad's background04:55 What inspired Brad to build a P2P marketplace16:25 Inside PrivateAuto's business32:05 Why most transactions are still private party43:10 Wrapping upFollow Brad:⁠Twitter⁠⁠PrivateAuto⁠Check out ⁠⁠⁠⁠⁠the website⁠⁠⁠⁠⁠ for more and follow me on Twitter ⁠⁠⁠@GuyDealership⁠⁠⁠!Interested in advertising with CarDealershipGuy? Send us a note ⁠⁠⁠⁠⁠here⁠⁠⁠⁠⁠.This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions.
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Jul 21, 2023 • 45min

#19 How Ghost is different than Tesla, Bringing true self-driving to every car, Raising $230M for auto tech | John Hayes, Co-Founder & CEO of Ghost Autonomy

In this episode, I'm speaking with John Hayes, co-founder and CEO of Ghost Autonomy.00:00 - Intro01:12 - John's background05:19 - What is Ghost?09:34 - The Levels of Autonomy23:13 - Ghost's business model29:13 - OEM adoption & benefits39:33 - The future of AVs & commuting44:11 - Wrapping upFollow John:TwitterLinkedInGhost AutonomyCheck 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.
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Jul 14, 2023 • 55min

#18 What's next for auto lending, When will car prices drop, How the FED really works, Receiving a call from Warren Buffett | Danielle DiMartino Booth, CEO & Chief Strategist of QI Research

In this episode, I'm speaking with Danielle DiMartino Booth, CEO & Chief Strategist of QI Research.00:00 Intro01:20 Danielle's background08:00 Understanding the Federal Reserve13:20 Dealing with labor shortages17:10 How QI Research conducts research and analysis19:25 What's next for inflation?29:10 The state of auto lending36:20 Will car prices come down?42:25 What's next for interest rates49:20 Best & worst signals in the market right now53:00 Wrapping upFollow Danielle:TwitterQI ResearchCheck 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.
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Jul 7, 2023 • 1h 6min

#17 Shocking revelation about car dealer profits, Exploiting seasonality in the business, When CDG bought 100 cars with a credit card | Joel Bassam, President of Eastern Motors

In this episode, I'm speaking with Joel Bassam, President of Easterns Automotive Group.00:00 - Intro02:03 - Joel's background05:15 - Easterns business model13:06 - Weathering the current market20:19 - Unit economics & Sourcing30:37 - CDG's gov't auction story36:21 - Revenues & Margins42:28 - Marketing strategy54:12 - Growth & Expansion59:23 - Wrapping upFollow Joel:@jbassam2 on Twitter.Joel's LinkedIn.Easterns.com.Please take a moment to visit this episode's sponsor:⁠Fullpath⁠ – Discover 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.
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Jun 30, 2023 • 54min

#16 How much money auto repair shops make, Pros and cons of franchising, How to avoid big repair bills, Will robots start changing tires? | Brian Beers, President of Prenlyn Automotive Group

In this episode, I'm speaking with Brian Beers, President of Prenlyn Automotive Group and Host of Business with Beers.01:18 - Brian's background06:48 - Franchise Pros & Cons11:07 - How Brian sources shops18:48 - Handling staffing for a group of shops20:43 - Overhead, Returns, and Tax Sheltering24:08 - Best and Worst Deals27:48 - Margins & Marketing32:13 - Best way for consumers to maximize dollars spent35:48 - Dealing with inflation39:43 - Auto Repair / EV predictions47:18 - What's next for Brian and his group50:38 - Wrapping upFollow Brian:brianbeers.comBusiness with BeersCheck 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.
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Jun 23, 2023 • 39min

#15 Making money as an automotive influencer, Cars to avoid, Empowering families and consumers, Fixing the perception of dealerships | Kelly Stumpe, The Car Mom

In this episode, I'm speaking with Kelly Stumpe, founder and CEO of The Car Mom.00:00 - Intro01:22 - Kelly's background05:52 - Starting and growing The Car Mom14:42 - Learning to monetize a media brand19:07 - Which channel has been the most profitable27:07 - Kelly's best car-buying tip30:27 - Kelly's important trade-in tip34:00 - Fixing the perception of dealerships for the future35:52 - Wrapping upFollow Kelly:Instagram @the_car_momYouTube ChannelThe Car Mom websiteCheck 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.
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Jun 16, 2023 • 58min

#14 Family entrepreneurship, Building and exiting two startups, Simplifying car search for consumers, Innovating with AI | Pat Ryan, Founder & CEO of CoPilot

In this episode, I'm speaking with Pat Ryan, Founder and CEO of CoPilot.00:00 - Intro01:13 - Pat's background10:33 - Family entrepreneurship14:22 - Building & selling two companies 20:26 - Founding CoPilot25:47 - How CoPilot makes money31:05 - Breaking into a competitive market39:41 - Who is CoPilot for?48:13 - Trends that Pat's observing54:00 - Evolving with AI57:09 - Wrapping upFollow Pat:Pat’s Twitter & LinkedIn.CoPilot’s website.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.
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Jun 9, 2023 • 1h 4min

#13 Subscribing vs Owning, How Autonomy makes money, Future of mobility, Handling a $20M swing in value, EV predictions | Scott Painter, Founder & CEO of Autonomy

In this episode, I'm speaking with Scott Painter, Founder and CEO of Autonomy.00:00 - Intro02:03 - Elon's "thought exercise" for Scott07:47 - Scott's entrepreneurial journey15:12 - The Softbank Saga23:06 - Inspiration & The Innovator's Dilemma30:25 - Building Autonomy39:46 - The economics of a subscription-based model50:40 - Autonomy's ideal customer57:22 - What does Scott drive?01:00:53 - Wrapping upFollow Scott:Scott's Twitter & LinkedIn.Autonomy's website.Please take a moment to visit this episode's sponsor:⁠Fullpath⁠ – Discover Automotive's Leading Customer Data and Experience PlatformTurn 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.

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