Why Do People Go Out Of Business? Dealerships and How They Hide Money. Episode #840

In this episode of the Pints and Polishing podcast, Marshall and Nick discuss their recent experiences and observations. They talk about their Father's Day celebrations, share funny stories, and engage in some buyer/seller banter.

They also discuss the importance of proper car modifications and the lack of knowledge among car buyers. The conversation touches on the Ford Flex, Cadillac CTS, and the challenges of maintaining black wheels and aftermarket modifications. In this conversation, Nick and Marshall discuss the importance of being a 'put together' person in the automotive industry.

They emphasize the need to focus on the basics and take things one step at a time, rather than trying to do too much at once.

They also highlight the significance of accountability and being able to admit and rectify mistakes. They share personal experiences of dealing with shops and individuals who lack accountability and pass the buck, and how it affects their trust and willingness to do business with them. The conversation concludes with the importance of finding reliable and accountable people to work with in the automotive industry.

Takeaways

Proper car modifications are important to ensure a good track experience

Many car buyers lack knowledge and don't seek advice from experts

The Ford Flex and Cadillac CTS are unique vehicles with their own appeal

Maintaining black wheels and aftermarket modifications can be challenging

Dealerships often engage in questionable practices, such as selling warranties for non-existent issues Focus on the basics and take things one step at a time

Be accountable for your mistakes and rectify them

Lack of accountability can lead to a loss of trust and business

Find reliable and accountable people to work with in the automotive industry

Chapters

00:00 Introduction and Mother's Day Celebrations

03:08 The Importance of Proper Car Modifications

08:01 The Unique Appeal of the Ford Flex and Cadillac CTS

13:01 Challenges of Maintaining Black Wheels and Aftermarket Modifications

26:44 The Importance of Being 'Put Together'

30:28 Taking Things One Step at a Time

33:24 The Significance of Accountability

37:05 The Impact of Lack of Accountability on Trust and Business

46:57 Finding Reliable and Accountable People in the Automotive Industry