"Values Rose!" The EV Bloodbath That Never Happened (and What Smart Dealers Are Doing Now) | Jimmy Douglas, Founder & CEO at Plug
Today I'm joined by Jimmy Douglas, Founder & CEO at Plug.
He breaks down why the top used EV dealers turn inventory in 30 days instead of 59 while selling for 3% more, and shares the arbitrage move of stocking a competitor's EV so you capture a sale that was happening anyway.
Topics:
00:47 Tax Credits Killed EV Residuals.
08:20 Selling A Computer On Wheels.
18:29 Live With An EV For One Month.
21:35 Stack Teslas For Massive Arbitrage.
27:25 Detroit's Global EV Future Is Bleak.
39:52 Build More Bays Than You Need.
This episode is brought to you by:
1. Digital Dealer - Discover what's working in sales, service, marketing, AI, and operations Join us September 22–23 in Detroit. CDG readers: save 25% — just use code CDG25OFF at checkout. Register today @ here.
2. CDG Circles – Connect with verified dealers, join topic and OEM-specific groups, and get real-world strategies —all inside the CDG Platform. Learn more @ here.
3. Plug – If your dealership is taking EV trade-ins or looking for used EV inventory, you need to check out @ here.
Check out Car Dealership Guy’s stuff:
For dealers:
CDG Circles ➤ https://cdgcircles.com/
Industry job board ➤ http://jobs.dealershipguy.com
Dealership recruiting ➤ http://www.cdgrecruiting.com
Fix your dealership’s social media ➤ http://www.trynomad.co
Request to be a podcast guest ➤ http://www.cdgguest.com
For industry vendors:
Advertise with Car Dealership Guy ➤ http://www.cdgpartner.com
Industry job board ➤ http://jobs.dealershipguy.com
Request to be a podcast guest ➤ http://www.cdgguest.com
Car Dealership Guy Socials:
Everything else ➤ dealershipguy.com