Car Dealership Guy Podcast

#33 Launching a dealership with $40K, Profits and losses, Selling Teslas in the Midwest, Highs and lows of running a small dealership | Brandon Miller, Founder of Miller Auto

10.20.2023 - By Car Dealership GuyPlay

Download our free app to listen on your phone

Download on the App StoreGet it on Google Play

In this episode, I'm speaking with Brandon Miller, Founder of Miller Auto.

This episode is brought to you by:

Podium - The lead conversion platform for car dealerships.

Get 10% off your plan by texting “CarDealershipGuy” to (833) 441-1166 or visit www.podium.com/automotive

CDK Global - Empowering dealers with the tools and technology to build deeper customer relationships.

Learn more @ https://www.cdkglobal.com/dealership-xperience-platform

Interested in advertising with CarDealershipGuy? Drop us a line here.

Interested in being considered as a guest on the podcast? Add your name here

Topics:

(00:00:00) - Intro

(00:03:06) - Brandon’s previous life as the mayor of a small town

(00:05:42) - Starting a dealership

(00:11:40) - Funding inventory and knowing what to buy

(00:15:40) - Brandon’s role at the dealership

(00:16:38) - The profitability of the dealership

(00:17:05) - Financing inventory

(00:19:04) - Auction Strategies

(00:20:03) - Building a vertically integrated company

(00:22:19) - Building a Tesla modification arm of the business

(00:28:25) - Monthly sales numbers

(00:29:05) - Marketing strategies

(00:30:08) - Profits & team structure

(00:35:06) - Warranties

(00:35:56) - The Tesla market in Wisconsin

(00:41:20) - The impact of interest rates on dealerships

(00:43:08) - Consumer lending

(00:45:21) - How to get in touch with Brandon

Check out Miller Auto here.

Follow Miller Auto on X & Facebook

Check out the website for me and follow me on X @GuyDealership!

This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions.

More episodes from Car Dealership Guy Podcast