Here's How to Become a Car Dealer

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  • Опубликовано: 16 ноя 2017
  • Read my column at autotrader.com/Oversteer here: www.autotrader.com/car-video/...
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Комментарии • 801

  • @HooviesGarage
    @HooviesGarage  6 лет назад +482

    Guys, I know the sound sucks, believe me. I’ve spent literally thousands on microphones and sound recorders only to find I can’t figure out how to work them properly or they aren’t reliable. I don’t have a cameraman or a sound guy. I’ve never been much of a techie either.
    Currently my freshly purchased zoom recorder $$$$$ locks up when I try to format an SD card. And my very expensive Seinheuser microphones constantly have interference
    It also doesn’t help that it’s very windy in Kansas. I’ve really run out of ideas, and throwing money at the situation didn’t solve it...

    • @stasly
      @stasly 6 лет назад +84

      It's okay Daddy Hoovie I love you

    • @jimmygrant3212
      @jimmygrant3212 6 лет назад +64

      Hoovies Garage literally the only people that care about the sound are little whiny pricks that's are pussies. I could care less as long as it's audible.

    • @AriasFco
      @AriasFco 6 лет назад +9

      Hey! get a lavalier wireless one, plug the receiver to your camera. 300$ tops.

    • @AriasFco
      @AriasFco 6 лет назад +5

      Even a wired one plugged into a journalist voice recorder and later you sync voice and video on your computer.

    • @HooviesGarage
      @HooviesGarage  6 лет назад +11

      Francisco Arias already did that, twice and most expensive ones constantly get interference

  • @fatdudewh33lchair
    @fatdudewh33lchair 6 лет назад +18

    *Notices Escalade’s gaping seat hole* “Oh my! That was a rough taco Tuesday”

  • @theokan89
    @theokan89 6 лет назад +255

    How to become a dealer: buy a car with 300k miles and say "only highway miles"

    • @B1G5EAN727
      @B1G5EAN727 6 лет назад +8

      Arven Tahtyan lol I never understood that .. like what do you live on the highway?

    • @theokan89
      @theokan89 6 лет назад +19

      has plenty of life left in it 😂😂

    • @alaskahaul2085
      @alaskahaul2085 6 лет назад +26

      or like some do, buy with 300k sell with 150k

    • @ExciteLetsPlay
      @ExciteLetsPlay 6 лет назад +3

      Put a 100k cluster in

    • @MrMemo11110
      @MrMemo11110 6 лет назад +9

      Or say only riden by a grandma, that’s what people here say.

  • @EpicJacobE
    @EpicJacobE 6 лет назад +315

    How slow are you going that a cement mixer can pass you? 4:46

    • @_-KOEN-_
      @_-KOEN-_ 6 лет назад +8

      Jacob E was thinking the same thing

    • @EpicJacobE
      @EpicJacobE 6 лет назад +12

      True, we wouldn't want our beloved Hoovie to risk getting hurt!

    • @kielkruse2660
      @kielkruse2660 6 лет назад +24

      *Concrete mixer* you don't mix cement.

    • @EpicJacobE
      @EpicJacobE 6 лет назад +11

      No, a concrete mixer is what they sell at Culvers

    • @TubeBrowser2
      @TubeBrowser2 6 лет назад +4

      A cement truck going backwards :) Look again

  • @04dram04
    @04dram04 6 лет назад +67

    Don't become a car salesman. Most car salesmen become bitter Narcissists after a few years. It comes from spending so much valuable time with customers, that don't buy, or just completely flake. Makes you begin to hate humanity.

    • @kurtl6126
      @kurtl6126 4 года назад +1

      Same with selling on craigslist

    • @210SAi
      @210SAi 4 года назад

      That can be said about almost any salesman

    • @gianc392
      @gianc392 3 года назад

      I already hate humanity from when I was a Service Advisor so maybe car sales is a natural next step

  • @ajosanchez1
    @ajosanchez1 6 лет назад +53

    Oh oh, that XJR caught his eye. Just wait for the purchase video

  • @timotheus2003
    @timotheus2003 6 лет назад +1

    Liked for the interior telling you about the owner because that'll give you some insight into the condition of the car.

  • @niacal4nia
    @niacal4nia 6 лет назад +14

    It takes less than an hour to buy a car but can take up to 3 months to sell it.

  • @silversolb18
    @silversolb18 6 лет назад +2

    I was a small independent dealer for several years. This video is pretty spot on!!

  • @lovesautodetail
    @lovesautodetail 6 лет назад +17

    Always amazing content Tyler. Never a dull moment like daddy Demuro😜

  • @iLupi
    @iLupi 6 лет назад +206

    Stuff went down in that Escalade.
    Rotary Pickup!!

    • @ageofsagittarius
      @ageofsagittarius 6 лет назад +4

      Nah. Regular 4 banger (a friend has one). The rotary engines went away in the pick ups in the late 1980's.

    • @jamesbensch6
      @jamesbensch6 6 лет назад +2

      Christopher Mitchell my grandfather had an 87 that had a rotary engine. The frame completely rotted out but the panels were mint. He lied to some guy that there was nothing wrong with it and sold it to him for $3k.

    • @natec6038
      @natec6038 6 лет назад +4

      That's a ranger...

    • @iLupi
      @iLupi 6 лет назад +1

      Nathan Carter they share the same platform. It's a Mazda B2300 but it's also a Ford Ranger.
      Just like the 2.3L Mazda engine became Ford's Ecoboost engine. They just tweaked them in a sense XD

    • @thecman26
      @thecman26 6 лет назад +2

      Soup kitchen escalade!

  • @mikolanimator
    @mikolanimator 6 лет назад +11

    Hoovie you’re the man! Love the videos

  • @johnstuckaiii
    @johnstuckaiii 6 лет назад

    From someone with a couple years in the business. ...
    Well done Sir. Bravo! Thank you for doing such a good job on this.

  • @Mrch33ky
    @Mrch33ky 6 лет назад +5

    "Pray on it!" Gotta add that to the repertoire!

  • @scott9050
    @scott9050 6 лет назад +30

    What I used to do when I flipped cars (did 45 while in college):
    1. Find a dealer lot that will accept consignments for a reasonable fee.
    2. Go to the public auction with your NADA guide handy. Eliminate rusty cars, cars with serious mechanical issues and cars that where it is obvious that the owner is hiding something such as a knock or electrical gremlins and is hoping you won't notice. I would take 150 cars that were going to run down the lane and cut that to 5-7 tops that were actually worth bidding on.
    3. Talk to the owners of the cars before they run in the lane and see if they will tell you anything about why they are auctioning the car. I have had people laid off the same day that were running their cars through because they needed quick cash.
    4. Never overpay or let your emotions get the better of you. If I could not estimate at least a doubling of money invested after fees I passed. And don;t forget about your buying and selling fees when you bid.
    5. Find your areas car price sweet spot. When I did it I found that cars priced from $1500-$3000 sold fast. Today I would raise that to $3,000-$6,000 when I am at if I wanted to sell quickly.
    6. Know what models are hot in your area. If you find an older Civic for example that is clean for cheap, jump on it as fast as possible.
    7. Don't discount private dealer trades that the dealer is running through. I have won cars for half of reserve near the end of the night because the dealer did not want to haul the car back with them.
    Be patient, start slowly and learn from the mistakes that you will make.

  • @kellingtonlink956
    @kellingtonlink956 6 лет назад

    Great video. I really appreciate you putting this honest information available for some of the public to understand 'the business'... a little more. Thanks.

  • @louiswelshwalkabouts2290
    @louiswelshwalkabouts2290 6 лет назад

    Right on! Do not stop making these... They get me through week of drivel I call work.

  • @danielwilliams8533
    @danielwilliams8533 6 лет назад +15

    Every video here on out MUST include the "I'm batman" sound clip. No exceptions.

  • @TheBobbalu
    @TheBobbalu 5 лет назад

    Hey Tyler my name is Bob. I love watching your videos you make me and my wife laugh which isn't easy these days my wife is a cancer patient she has been for some time now and we've been going through some crazy times but when I say you make us smile it's not that easy I meant it when I said it Hope to see more of your work you videos are informational as well as entertaining we find them interesting just a lot fun to watch you make it look easy but I know it's hard work so just THANK YOU very much

  • @thecedars0612
    @thecedars0612 6 лет назад +1

    My dad is also a wholeseller/used car dealer but he ships his cars overseas. I knew all of this already. He’s been doing it for 30 years now

  • @kf1416
    @kf1416 6 лет назад +1

    i work at a small dealership now and learning as much as i can.. just went to my first wholesale dealer auction on wednesday, my boss bought like 15 cars lol. i am basically under an apprenticeship w my boss, its really cool and i am learning a lot. thanks for this vid hoov, i am learning about all the stuff you were talking about, titles n everything, i actually knew what you were saying lol. keep up vids like this.

  • @corychecketts
    @corychecketts 6 лет назад

    Great video as always, Tyler. I like the diversity of topics you talk about.

  • @keviiinisnt
    @keviiinisnt 6 лет назад

    Great video, this answered a ton of questions that I always wondered.

  • @kwedog2373
    @kwedog2373 6 лет назад

    Enjoyed the video. Love the channel. Thanks for the info. Until the next one.

  • @bpetrozelli
    @bpetrozelli 6 лет назад +4

    I'm a NC car dealer you take a class at cpcc and they go over requirements. Cost is about $200 for class. You must rent an office that is zoned for a car dealer I used to pay $250 a month now I have a larger shop.

  • @lb3258
    @lb3258 5 лет назад

    love your vids, stumbled on your channel recently, creative stuff!

  • @queperry
    @queperry 6 лет назад +1

    Thanks for confirming my suspicions around becoming a dealer. I often wonder how used car dealers survive around here since there is so many of them. It would be nice to be able to visit a dealer auction though.

  • @drewsneed1670
    @drewsneed1670 6 лет назад

    just found your channel, it's funnyaf man. what a hustle these mom and pop dealerships have to work

  • @grider8344
    @grider8344 6 лет назад

    Luv ya work mate, only just tuned in of late great stuff

  • @garrettingle6728
    @garrettingle6728 6 лет назад

    Awesome channel! I really love your content, please keep it up!

  • @RichieRouge206
    @RichieRouge206 6 лет назад

    Great video Tyler, very informative. I worked for Evans Halshaw Ford many years ago selling second hand KAs, Focuses and Fiesta Zetecs. Hated the place...

  • @chris.honeycutt
    @chris.honeycutt 6 лет назад +1

    Most car auctions are shocking in what cars can sell for. Your "buy here pay here" lot observation and their finance-anyone-breathing practices is spot-on.

  • @rEdHoUsE_1969
    @rEdHoUsE_1969 6 лет назад

    Thanks for the video ... some really good advice ...

  • @CpainBeatz
    @CpainBeatz 6 лет назад +196

    next video :
    Straight piping my car dealer *POV*
    ..whoops wrong channel

    • @hashbrownsforhamster
      @hashbrownsforhamster 6 лет назад

      I’m sure there are those who would pay to see that.

    • @ronaldthomas3528
      @ronaldthomas3528 6 лет назад

      CPain Beatz I'm going look that one up. Straight piping?? Any good site recommendations?

  • @gwaddles
    @gwaddles 6 лет назад

    I love the sounds of the Atchison; Topeka and Santa Fe Railroad trains in Wichita, Newton and Hutchison. Good Memories and my family helped build those railroads....

  • @mrbrucej55
    @mrbrucej55 6 лет назад +1

    I was a car salesman for many years. It took along time to become transparent , and just help my customers get what they want, and admonish them when they were misguided.

  • @irish3313
    @irish3313 6 лет назад +2

    For the longest time I thought I knew or seen you from somewhere and I figured it out.... I bought a Dodge Ram from your dealership few years ago!

  • @neolweneht
    @neolweneht 6 лет назад +88

    I still think the ls swaped 911 would be great at Mr. Spaghetti's cook off.

    • @jimmygrant3212
      @jimmygrant3212 6 лет назад +2

      ulysses cervantes if the engine wasn't stock then yes.

  • @MrStiggy91
    @MrStiggy91 6 лет назад

    10:00 Sweet S60 R! That's one that's on my ownership bucket list for sure, buy it Hoovie!

  • @bobbymackey3809
    @bobbymackey3809 3 года назад +1

    I spent 1 1/2 years at a Carmax in North Carolina. Great experience. "Talk to the wife, the bank, or PRAY ON IT!!" You nailed it, the life of a salesman.

  • @FlyingStuff
    @FlyingStuff 6 лет назад

    Love that red B5 S4 in Bob's lot!

  • @MTDfilms
    @MTDfilms 4 года назад

    Sienna!! I've got a 98 toyota sienna ce that's still rocking! My dad drives it back and forth from work. It's at 308,000km I belive

  • @GardenGateLawn
    @GardenGateLawn 6 лет назад

    Great video. I wish you made this video years ago. We own majestic auto in raymore mo. It took us over a year to open our doors to the public all while paying the rent and other bills (so many hoops) We have a very similar setup to what you had and we struggle every month. luckily we own another business to help support us. The Kansas City auctions are crazy. We see cars going for almost retail all the time. Lots of wasted time.

  • @TKsGarage405
    @TKsGarage405 9 месяцев назад

    Good insights you definitely have to hustle to be in the car business

  • @lougaru2445
    @lougaru2445 6 лет назад

    First Hoover video I really enjoyed

  • @donmayor9729
    @donmayor9729 6 лет назад

    very informative video, thanks.

  • @mikehakimi1
    @mikehakimi1 6 лет назад

    Great video, Tyler. more like this. Interesting.
    You were clearly driving in circles on your way to the auction. don't sweat the mics, you sound fine.

  • @mikesnyder9963
    @mikesnyder9963 6 лет назад

    Love the comment on the Cadillac SUV front seat!

  • @kreizmann2943
    @kreizmann2943 6 лет назад +1

    every time you bring up the wizard jokes i always crack. The wizard is like Stig in Top Gear.

  • @813Productions
    @813Productions 6 лет назад +16

    Lol @ Batman. Tyler's dealership should be called Hoovies Hoopty's.

  • @samlaw5959
    @samlaw5959 6 лет назад

    we love you Hoovie

  • @montestu5502
    @montestu5502 6 лет назад +1

    Sounded fine to me! Thanks for the overview. I no longer want to be a car dealer....

  • @Vwtec
    @Vwtec 6 лет назад +16

    Buy here pay here lots have ruined auctions. Only vehicles you can find deals on now is anything over 8k or non-running. There is far better luck snooping on Craigslist for half a day.

    • @MrSVTc0bra
      @MrSVTc0bra 6 лет назад +3

      Holy fuck dude preach. At my local auction it’s literally rotted out junk selling for thousands

    • @KalebMarshallDulcimerPlayer
      @KalebMarshallDulcimerPlayer 5 лет назад +2

      Rollo Lawson It's a method of getting poor people to pay $8k for a $3k car. A dealership will advertise a car for "only $300 down and $75 a week", without disclosing that the payments go for 100 weeks on what is a $3,000 car. But because the initial buy-in is low, poor people get suckered in.
      These dealerships are also known for not caring if you can't make your payment. They'll just take the car back and flip it to some other poor schmuck.

    • @KalebMarshallDulcimerPlayer
      @KalebMarshallDulcimerPlayer 5 лет назад

      John Doe Usury is evil.

  • @iMXXN
    @iMXXN 6 лет назад +1

    I think this would be good to get hands on new project cars

  • @rickallman1318
    @rickallman1318 5 лет назад

    Good, informative vid!

  • @joefattal7592
    @joefattal7592 5 лет назад

    My new favourite channel.

  • @Nick210
    @Nick210 6 лет назад +2

    A big part of being a dealer is knowing the difference between a valuation and demand and supply.

  • @ryanschuster1013
    @ryanschuster1013 6 лет назад

    Was eyeing up that S60R, don't see them around too often.

  • @richardjonson.1818
    @richardjonson.1818 4 года назад

    Hoovie is great!

  • @ErecMr
    @ErecMr 6 лет назад

    His humor is fantastic

  • @Username-ms5xb
    @Username-ms5xb 6 лет назад

    Nice video !

  • @sauguscentertaxi6255
    @sauguscentertaxi6255 5 лет назад

    Love this guy .. 🤙

  • @Wildman2291
    @Wildman2291 6 лет назад +6

    That S60R!!!

  • @baloneyjusticecheezedog
    @baloneyjusticecheezedog 6 лет назад

    You should record more of you 'auction adventures.' That looks like a fun time.

  • @jacoby1234ification
    @jacoby1234ification 6 лет назад

    Good education 👌

  • @austinjames199758
    @austinjames199758 6 лет назад +1

    Me and my friends are opening up a car dealership soon, but we buy cars from Copart and fix them up every week as of right now. We understand what type of cars sell in our area and what people want badly. Hopefully it goes well.

  • @ImportedFromSerbia
    @ImportedFromSerbia 6 лет назад

    That mb in garage is dope.

  • @Zt3v3
    @Zt3v3 4 года назад +1

    My dad, mom, and myself ran a small used car lot for a few years. It was a nightmare. Occasionally you'd have a winner, but the risk/reward made flat rate wrenching look consistant and reliable.

  • @mipmipmipmipmip
    @mipmipmipmipmip 6 лет назад +1

    Great video! I finished watching 5 minutes ago, I just have one question: how did you become a used car dealer?

  • @Mrch33ky
    @Mrch33ky 6 лет назад

    This a masters class in starting (or not) a used car business; costs, costs, costs.

  • @sakidecc5190
    @sakidecc5190 6 лет назад +89

    how do a become a car dealer?

  • @carstuff4u942
    @carstuff4u942 6 лет назад

    I really like the auction video!

  • @AustinF12
    @AustinF12 6 лет назад

    Nice Janoski kicks Hoovie!

  • @rileys8741
    @rileys8741 6 лет назад

    God that LS is loud.
    Hoovie, good video. Super informative. Do you ever do Copart auctions? There are alot of salvaged cars from the hurricanes, wondering if you'd ever consider a flood damage car.

  • @cyjan3k823
    @cyjan3k823 6 лет назад +378

    How to become broke as used car dealer

    • @supadoopa926
      @supadoopa926 6 лет назад +36

      Buy a bunch of 10+ year old Euro cars. Surefire way to go broke.

    • @_-KOEN-_
      @_-KOEN-_ 6 лет назад +2

      Hahaha good one!

    • @hadissaeed1546
      @hadissaeed1546 6 лет назад +16

      Krzysztof Dolecki not selling the cars you buy because you are a hoarder

    • @ChaotiX1
      @ChaotiX1 6 лет назад +7

      Putting them all in your hooptie garage instead of on a lot

    • @andrzejgrabowski5045
      @andrzejgrabowski5045 6 лет назад

      ChaotiX yyes

  • @07films
    @07films 5 лет назад

    I got my insurance question answered on this video. Thanks

  • @therealjimmysworld
    @therealjimmysworld 6 лет назад +3

    What about a wholesale license? I was a dealer for a number of years and have given that life up. However, a wholesaler license is a good way to get access to all the dealer only stuff while getting rid of the overhead. (provided, you can sell your cars through or to another dealer when your done with them.)
    Thoughts?

    • @suffolk6311
      @suffolk6311 5 лет назад

      I think dealer auctions may have better pricing or you allow you to try the vehicle.

  • @mattsbeamer
    @mattsbeamer 6 лет назад

    Now, that e31 8 series near the Cayenne is what I want.

  • @Callediceman
    @Callediceman 6 лет назад

    you should do more videos of you and your buds going to auctions!

  • @anzonix
    @anzonix 6 лет назад

    Yes! New video!

  • @crazyandroiddude96
    @crazyandroiddude96 6 лет назад

    That white 2006 or 2007 Honda Accord in the background 😍😍😍😍

  • @RichieRouge206
    @RichieRouge206 6 лет назад

    Oh and that S60R and red S/V70 on Comets at that Euro place,.... ❤️🇸🇪

  • @highvoltage12v
    @highvoltage12v 6 лет назад

    The S60R at 10:00 would be great for your hooptie fleet.

  • @benjaminbuljevic7977
    @benjaminbuljevic7977 6 лет назад

    hoovie back at it with the financial advice

  • @AustinsGarage
    @AustinsGarage 6 лет назад +99

    Otherwise known as "how to lose your soul."

    • @redneck4528
      @redneck4528 6 лет назад +6

      Nothing wrong with making money. Let's be honest with the internet buyers are more informed than ever before, and margins on cars are slimmer than ever.

    • @maarten332
      @maarten332 6 лет назад +2

      Rule #1 as a car dealer:
      Never be honest about the problems that the car has

    • @robertromero8094
      @robertromero8094 6 лет назад

      Austin's Garage I felt like that as a Kirby sellsman I was good at getting in the door but the closer was heartless lol $ talks

    • @mipmipmipmipmip
      @mipmipmipmipmip 5 лет назад

      if you really want to lose your soul become a RUclips vlogger...

  • @durkbros7418
    @durkbros7418 6 лет назад

    Very Cool video Tyler

    • @HooviesGarage
      @HooviesGarage  6 лет назад

      You haven't even watched it yet! I could suck!!!

  • @losh330
    @losh330 5 лет назад

    Your 911 looks like such a fun car to drive. I want one so bad.

  • @jimmygrant3212
    @jimmygrant3212 6 лет назад

    My dad has an industrial zoned property in between two schools and can even run a scrap yard in the city.

  • @waveblaster200
    @waveblaster200 6 лет назад +1

    The red B5 S4 would be a nice candidate for a video...

  • @KevinGoldLVL
    @KevinGoldLVL 6 лет назад

    I agree used car sale can be hard, I did try working in a used car dealership this summer. Sometimes you do more then 1000$ in a day and the rest of the month nothing at all! You get to drive some pretty nice and rare car, you get good deal sometimes on trade-in cars! It's was a hard summer but I love the car business and my goal is to get my dealer license and get a small lot of cool and rare cars, because the people you are dealing with are mostly car guy instead of regular people that want everything for free...

  • @bobosharkey
    @bobosharkey 6 лет назад

    Don't listen to the naysayers! You've been doing a great job - keep it up!

  • @zobius9191
    @zobius9191 6 лет назад

    Hoovie since you read all the comments I figured I would say that the "LS SWAP ALL THE THINGS"shirt has been complimented at least 10 times now by random strangers. You should definately keep selling it! Try Amazon/Ebay or something!

  • @jhb3711
    @jhb3711 6 лет назад +5

    5 minutes in, and I’m asking myself if you are literally driving INTO the sun?!?!

  • @homertalk
    @homertalk 6 лет назад

    You Rock!

  • @irespectfullyrefuse
    @irespectfullyrefuse 6 лет назад

    Oh boy I died at the train part!

  • @druidGAMER
    @druidGAMER 6 лет назад

    8:23 YOU NEED TO BUY THAT E31 8 SERIES!! It's got Hooptie written all over it!

  • @alech8336
    @alech8336 6 лет назад

    That's a great interior on the 911!

  • @mx577
    @mx577 6 лет назад

    Your chayenne looks Perfect !

  • @jim394
    @jim394 6 лет назад +1

    "188 thousand miles, that's a record for a PT."
    I believe it. I had a 2001 PT and when I sold it around 120-130k, it made me think (after all the issues prior) if it would really last beyond that lol

  • @thebrock12
    @thebrock12 6 лет назад

    That escalade was nasty