Individuals outside the automotive industry might believe owning a dealership is a way to literally print money. Knowing full well that’s not the case, Tim Blochowiak of Protective Asset Protection offered some suggestions to help principals build real wealth through their businesses during this episode of the Auto Remarketing Podcast recorded at NADA Show 2024 in Las Vegas.

Path to dealer principals building real wealth

Your weekly dose of auto industry news and conversation with top executives, specifically tailored for the used-car side of the business.

Business

Investing

Careers

Management & Marketing

Business News

Shopping

Talking about blockchain gets Brad Smith excited about its significant potential in automotive and elsewhere in financial services. The vice president of product management at Experian explained his reasons during this episode of the Auto Remarketing Podcast recorded at this year’s Auto Intel Summit+National Remarketing Conference in Cary, N.C.

Experian’s Brad Smith on blockchain’s robust potential in automotive & beyond

PayNearMe executive vice president and chief marketing officer Anne Hay went through some of the highlights of the latest company study on repayments and consumer preferences for online and other alternative methods. During this episode of the Auto Remarketing Podcast, Hay also addressed a question she said she gets regularly about whether traditional cash payments will ever go away.

PayNearMe on evolving consumer preferences when making payments

Allied Solutions sales specialist John Elias spent time during this sponsored episode of the Auto Remarketing Podcast explaining one of the most complex parts of auto finance. When a triggering event occurs, dealerships, finance companies and product providers all must navigate through a potential maze of processes to get consumers their refunds. Elias takes listeners through potential pitfalls and offers an array of recommendations to potentially avoid compliance problems.

SPONSORSED PODCAST: Fine-tuning protection product refunds with Allied Solutions

In this episode Ray Scarpelli, of Ray Chevrolet and Ray Chrysler Dodge Jeep and Ram in Fox Lake, Ill., shares how his family got into the car business. 

He’s a third-generation dealer — his father and grandfather are still involved in the stores.

He talks about his career in the car business and how he uses his trophy-winning fantasy football chops to appear on podcasts to promote the family business and to share his insights on fantasy players for the Bears.

Ray is prime example of what the Auto Remarketing's Dealers Under 40 program, presented by ATN, is all about!

Path to dealer principals building real wealth

Download our free app to listen on your phone