Daily Dealer Insights

Oct. 24, 2024

12 month auto industry recap

Used car supply is tightening—and it may not be just seasonal (!) Supply chain issues from three years ago are making off-lease vehicles scarce, shrinking used car inventory. Jonathan Smoke, Chief Economist at @CoxEnterprisesInc, explains why it matters. Need help finding top automotive talent? Get started here: https://www.cdgrecruiting.com/ Interested in…

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Oct. 24, 2024

2024 Car Market Forecast: Shocks and Twists You Need to Know | Jonathan Smoke

Welcome to the Car Dealership Guy Podcast! In this episode, I'm joined by Jonathan Smoke, Chief Economist at Cox Automotive. We dive into some of the biggest topics shaping the 2024 car market, including shocks and surprises, the painful new phase for the used car market, why new car discounts…

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Oct. 23, 2024

How to Go from Manager to Multi-Franchise Dealership Owner | Car Dealership Guy

How did Kyle Coleman, CEO of Coleman Automotive Group acquire multiple franchise dealerships—including one he found on an online classifieds site? Here's the story behind a simple sunday night call that changed everything: 0:00 - Dealerhship Valuation 5:21 - Approved By Franchisor Need help finding top automotive talent? Get started…

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Oct. 22, 2024

At-home test drives? | Car Dealership Guy

Faster, cheaper at-home test drives- a pre-sale pain point for many dealers? Federico Ranero from @Draiver-usa is tackling it with a *unique* chaining strategy. Here's his secret to more effecient test drives: #DraiverPartner Need help finding top automotive talent? Get started here: https://www.cdgrecruiting.com/ Interested in advertising with Car Dealership Guy?…

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Oct. 22, 2024

Inside the "Uber of Car Deliveries": Moving 1.4M Vehicles a Year! | Fede Ranero

Welcome to the Car Dealership Guy Podcast. In this episode, I'm speaking with Fede Ranero, CEO of Draiver where we discuss: How he's building the "Uber for car deliveries" and moving 1.4M vehicles per year, the #1 reason why customers skip vehicle service, what he learned from a leaked Elon…

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Oct. 20, 2024

Top 5 recalled auto brands

Which auto brands are leading in recalls for 2024? Ford is facing challenges, but there's a brand that tops the list. @BizzyCar CEO Ryan Maher breaks down the surprising stats and what it means for the industry. #BizzyCarPartner Need help finding top automotive talent? Get started here: https://www.cdgrecruiting.com/ Interested in…

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Oct. 19, 2024

How to buy your first dealership

200% in just 6 months. That’s how much Kyle Coleman, CEO of Coleman Automotive Group, grew his first dealership after acquiring it. He found an underperforming store and asked, “If I fix just ONE thing, how much better could it be?” Here are the 3 moves he made: Need help…

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Oct. 18, 2024

How 86% of Car Buyers Make Their Decision (And What Dealers Can Do About It!)

Are test drives still relevant in the digital age? You might be surprised. • 91% of buyers take a test drive; 78% say it sold them on the car. • 86% of extended test drive customers end up buying. • Gen Z buyers? They actually crave dealer guidance more than…

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Oct. 17, 2024

Money dealers make from recall work?

Is recall work the hidden goldmine for dealerships? With margins around 70% and an average of $353 per recall, but that's just scratching the surface. Ryan Maher from @BizzyCar mentions an even bigger opportunity dealerships are capitalizing on. Here's what's really going on: #BizzyCarPartner Need help finding top automotive talent?…

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Oct. 17, 2024

The Business Side of 70M+ Recalled Vehicles: What Dealers Are Gaining | Ryan Maher, Part 2

Welcome to the Car Dealership Guy Podcast. In this episode, I'm speaking with Ryan Maher, CEO of BizzyCar where we discuss: The business side of 70M+ recalled vehicles, Most troubled car brands struggling with recalls, Shocking revelations from BizzyCar recall report and more. This episode of the Car Dealership Guy…

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Oct. 16, 2024

How Dealerships Can Save Millions on Card Processing Fees

Are dealerships unknowingly overpaying on payment processing fees? Many dealers pay between 2% and 2.5%, but some are charged up to 4% without realizing it. Julie Douglas from @dealerpayllc6658 shares how dealers are leaving money on the table—and what to do about it: 0:00 - Dealer Processing Fees 2:30 -…

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Oct. 15, 2024

Secret to going from manager to owner

Making the leap from manager to owner: — You’ll hear “no” 20, 30, even 40 times. — Deals will fall apart repeatedly. But Kyle Coleman from Coleman Automotive Group faced all that and still made it happen . Here’s his secret: Need help finding top automotive talent? Get started here:…

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Oct. 15, 2024

Secrets to Becoming a First-Time Franchise Dealership Owner in 2024 | Kyle Coleman

Welcome to the Car Dealership Guy Podcast. In this episode, I'm speaking with Kyle Coleman, Owner of Coleman Automotive where we discuss: How he went from selling Pokemon cards to Fords, the $50M voicemail that changed his life, His first 6 months as a franchise dealership owner and much more.…

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Oct. 14, 2024

Chevy taking EV training on the road

Need help finding top automotive talent? Get started here: https://www.cdgrecruiting.com/ Interested in advertising with Car Dealership Guy? Drop us a line here: https://cdgpartner.com Interested in being considered as a guest on the podcast? Add your name here: https://bit.ly/3Suismu Check out Car Dealership Guy’s stuff: CDG News ➤ https://news.dealershipguy.com/ CDG Jobs…

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Oct. 13, 2024

Stellantis slashes profit forecast

Need help finding top automotive talent? Get started here: https://www.cdgrecruiting.com/ Interested in advertising with Car Dealership Guy? Drop us a line here: https://cdgpartner.com Interested in being considered as a guest on the podcast? Add your name here: https://bit.ly/3Suismu Check out Car Dealership Guy’s stuff: CDG News ➤ https://news.dealershipguy.com/ CDG Jobs…

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Oct. 13, 2024

Is Honda taking over the EV market?

Are EVs finally regaining traction? New models like Honda's Prologue EV and Chevy's Equinox EV are making waves. Even Tesla had a strong quarter. Is Q3 the turning point for EVs? David Thomas from @CDKGlobal shares more insights: Need help finding top automotive talent? Get started here: https://www.cdgrecruiting.com/ Interested in…

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Oct. 12, 2024

Kia joins supercharger bandwagon

Need help finding top automotive talent? Get started here: https://www.cdgrecruiting.com/ Interested in advertising with Car Dealership Guy? Drop us a line here: https://cdgpartner.com Interested in being considered as a guest on the podcast? Add your name here: https://bit.ly/3Suismu Check out Car Dealership Guy’s stuff: CDG News ➤ https://news.dealershipguy.com/ CDG Jobs…

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Oct. 12, 2024

Are car dealerships overpaying?

Are dealerships unknowingly walking into a compliance trap? Some payments providers are pushing non-compliant surcharging and cash discount programs. Could this lead to skyrocketing rates without you knowing? @dealerpayllc6658 Dealer Pay CEO Julie Douglas shares what dealers need to watch out for before it's too late: #DealerPayPartner Need help finding…

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Oct. 11, 2024

Massive Jeep Recall for PHEVs

Need help finding top automotive talent? Get started here: https://www.cdgrecruiting.com/ Interested in advertising with Car Dealership Guy? Drop us a line here: https://cdgpartner.com Interested in being considered as a guest on the podcast? Add your name here: https://bit.ly/3Suismu Check out Car Dealership Guy’s stuff: CDG News ➤ https://news.dealershipguy.com/ CDG Jobs…

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Oct. 11, 2024

Inside a Top Kia Dealership (The Secret Behind The Sales Team's Success)

I cold-called @citykia8743 City Kia Orlando *out of the blue.* Their response? Lightning-fast, super polite, and excellent customer service—the way it should be. But what's their secret to exceptional customer service? GM Raul Gomila shares how a unified culture and small daily wins make all the difference. Here's how they're…

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Oct. 10, 2024

What makes a car easy to buy?

CDK's latest study reveals something surprising(!) Even with plenty of inventory, only 60% of consumers find price negotiation and trade-ins easy. But David Thomas from @CDKGlobal mentions a strategy that boosts satisfaction to 93%. Could dealers rethinking their approach in this way be the key?: Need help finding top automotive…

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Oct. 10, 2024

Q4 Auto Market Forecast: The Need-to-Know Trends and Predictions | David Thomas

Welcome to the Car Dealership Guy Podcast. In this episode, I'm speaking with David Thomas, Director of Content Marketing at CDK Global where we dive into a Q4 auto market forecast: How Gen Z is buying cars, Have we reached an EV sales equilibrium, why overnight test drives sell cars,…

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Oct. 9, 2024

Negative equity is costing car buyers $1,000’s

Need help finding top automotive talent? Get started here: https://www.cdgrecruiting.com/ Interested in advertising with Car Dealership Guy? Drop us a line here: https://cdgpartner.com Interested in being considered as a guest on the podcast? Add your name here: https://bit.ly/3Suismu Check out Car Dealership Guy’s stuff: CDG News ➤ https://news.dealershipguy.com/ CDG Jobs…

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Oct. 8, 2024

Are payment processors scamming dealers?

The way some dealerships treat payment processing is extremely transactional (pun intended)—no support, just price. But what if payments could become a productivity booster? Julie Douglas of @dealerpayllc6658 shares one solution that has quietly changed the game: #DealerPayPartner Need help finding top automotive talent? Get started here: https://www.cdgrecruiting.com/ Interested in…

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