Talking Business with Mark and John

Buying a good used car from a dealer can offer several opportunities and benefits. Here are some key points to consider: Demonstrator Models: Dealerships often have demonstrator vehicles that have been used for test drives or display purposes. These cars are typically relatively new, have low mileage, and may come with additional features or warranties. Purchasing a demonstrator model can provide value as you can get a nearly new car at a discounted price compared to buying brand new. Used Cars: Dealerships also have a wide selection of used cars that have been previously owned by individuals or leased vehicles. These vehicles vary in age, mileage, and condition. Dealerships usually inspect and service these cars before selling them, providing some assurance of quality. New Car Demonstrators: New car demonstrators are models used by sales staff or for test drives. These vehicles are typically very low in mileage and may still carry the balance of the manufacturer's warranty. Buying a new car demonstrator can offer cost savings compared to a brand new car while still enjoying the benefits of a new vehicle. Courtesy Cars: Some dealerships offer courtesy cars to their customers while their cars are being serviced. These cars are generally well-maintained and low in mileage. Purchasing a courtesy car can provide value as they are often sold at a discounted price compared to similar used cars. Company Cars: Company cars, which are used by the OEM management employees for business purposes, are often well-maintained and regularly serviced. These cars are typically sold by the company or fleet department at a competitive price, offering good value for buyers. Rental Company Returns: Rental car companies frequently rotate their fleet, which means you can find low-mileage vehicles that have been well-maintained. These cars are usually sold by rental companies at competitive prices, making them attractive options for buyers. Government and Non-profit Vehicle Returns: Government and non-profit organizations often sell their fleet vehicles after a certain period. These cars are generally well-maintained and possibly come with a documented service history. Buying from these sources can provide value as they typically offer competitive prices. Leasing Company Returns: When lease terms end, leasing companies sell off their leased vehicles. These cars often come with comprehensive service history and may still have warranties remaining. Buying vehicles from a leasing company can provide access to well-maintained vehicles at competitive prices. Trade-ins from Private Buyers: Dealerships also accept trade-ins from private buyers, typically when the buyers are upgrading or changing their vehicles. These trade-ins are often older, but they offer a range of options for buyers at different price points. When buying a used car from a dealership, it is still important to conduct a thorough inspection, request vehicle history reports, and take a test drive to ensure the car meets your requirements and is in good condition. This information on this site is intended as a general reference for Internet users. It is made available on the understanding that Talking Automotive with Mark & John, as a result of providing this information, is not engaged in providing professional advice. Viewers & Listeners should seek their own advice re undertaking any commercial actions. All information in this site is provided "as is", with no guarantee of accuracy, timeline

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In this episode, we discuss the important topic of electric vehicle fires and the implications these incidents can have. When comparing EV fires to those in internal combustion engine vehicles, the numbers reveal that EV fires occur at a rate of just 0.0012%, far lower than the 0.1% seen in traditional gasoline-powered cars and trucks. That's nearly 100 times less! What's behind these EV fires? Damage to battery packs, issues with the battery management system, and even submersion in water, especially saltwater, can trigger thermal runaway. When an EV fire does occur, the high voltage battery packs burn intensely, with temperatures reaching 5,000°C. That's vastly hotter than the roughly 1200°C seen in internal combustion engine fires. These extreme temperatures release toxic fumes and gases that can also fuel explosions as the battery pack ruptures. Extinguishing an EV fire requires copious amounts of water, with estimates of 30,000 liters or more needed to fully extinguish and cool the battery pack. That's compared to just 1,200 liters typically needed for a gasoline car fire. Once extinguished, the contaminated water runoff becomes an environmental hazard. The burned vehicle itself poses additional risks, as smoldering inside the battery can lead to re-ignition for up to two weeks after the initial fire is put out. Proper handling and disposal protocols are critical. In summary, while electric vehicle fires grab headlines, the data shows they are statistically less likely to occur than fires in internal combustion engine vehicles. Still, their high-voltage batteries present unique risks and challenges for first responders and environmental safety. Understanding these threats, and planning effective response strategies, allows us to maximize the benefits of electric mobility while minimizing the risks. This information on this site is intended as a general reference for Internet users. It is made available on the understanding that Talking Automotive with Mark & John, as a result of providing this information, is not engaged in providing professional advice. Viewers & Listeners should seek their own advice re undertaking any commercial actions. All information in this site is provided "as is", with no guarantee of accuracy, timeline

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Timing can play a significant role in getting a good deal when buying a used vehicle. Here are some considerations to keep in mind regarding the best time to buy: Supply and Demand: Understanding the macro and micro cycles of supply and demand can help you determine the best time to buy a used vehicle. Macro factors, such as the overall economic conditions and events like the COVID-19 pandemic, can impact the availability and pricing of used cars. During uncertain economic times, such as a recession or financial crisis, there may be a higher supply of used cars as people downsize or sell their vehicles. This could potentially lead to better deals. Micro Supply: On a micro level, certain times of the year may have higher demand for vehicles, influencing supply and pricing. For example, May and June are often high-demand months as people and businesses prepare for financial year end and try and take advantage of possible tax breaks. Car dealerships offer promotions to boost sales before the end of the financial year. This increased demand can push prices higher. On the other hand, after April, rental companies often sell off their older vehicle inventory, while May and June tend to see higher trade-ins as people upgrade their cars. This increased supply can provide more options and potentially lower prices. It's important to keep in mind that these trends can vary based on location, market conditions, and individual circumstances. Therefore, it's recommended to do thorough research and monitor market trends in your specific area to determine the best time to buy a used vehicle. Additionally, it's essential to prioritize the condition, maintenance history, and overall suitability of the vehicle to your needs, rather than solely focusing on timing. A well-maintained and suitable vehicle can provide better value and reliability in the long run. Keep in mind that these factors are general observations, and individual circumstances can vary. It's always advisable to conduct thorough research and consider your own needs and budget when determining the best time to buy a used vehicle. This information on this site is intended as a general reference for Internet users. It is made available on the understanding that Talking Automotive with Mark & John, as a result of providing this information, is not engaged in providing professional advice. Viewers & Listeners should seek their own advice re undertaking any commercial actions. All information in this site is provided "as is", with no guarantee of accuracy, timeline

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Welcome to this episode where we delve into the past and take a nostalgic journey back to the 1980's, exploring the world of driving during that era. Join us as we reminisce about the challenges and quirks of driving vehicles from this time period, and how reliability was not always a given. In those days, driving a car meant encountering a myriad of electrical problems. We discuss the frequent issues with plugs and condensers, which often led to frustrating breakdowns. It was not uncommon to find yourself stranded on the side of the highway, waiting for assistance. Yet, amidst these challenges, there was a certain charm to the era. Every little town had its own towing service, repair shops, and stocked spare parts. It was a time when local mechanics were part of the community and were always ready to assist with anything from repairing tyres and windscreens to fixing the vehicles themselves. Driving in those days certainly came with its challenges and required a sense of adventure. You never knew when your vehicle might leave you stranded, so local repair shops were a welcome sight. While today's vehicles provide a sense of security with their advanced technology and reliability, there is something charming about the temperamental nature of those older cars and the community support system that emerged to help drivers in need. This nostalgic look at driving in the 70's and 80's highlights how far we've come in terms of vehicle dependability, while allowing us to appreciate the patience and problem-solving skills required of drivers during that era. Sit back, relax, and get ready to embark on a nostalgic journey through the world of driving in the 1980's.

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Buying a modern used car can be a significant investment, so it's crucial to gather all the necessary information to make an informed decision. Here are some important factors to consider: Roadworthy Certificate: It is important to ensure that the car you are buying has a valid roadworthy certificate. This certificate confirms that the vehicle has passed a safety inspection and meets the necessary roadworthy standards. It ensures that the car is safe to drive on the road. PPSR Check: Performing a PPSR (Personal Property Securities Register) check is essential when buying a used car. This check reveals important information about the car's history, including whether it has been written off, stolen, or has any outstanding finance owing on it. It offers protection against potential financial loss and legal issues. Ownership and Finance Check: Verify the ownership details of the car and ensure that the seller is the lawful owner. Additionally, check if there are any outstanding loans or finance owing on the vehicle. If money is still owed, it may complicate the transfer of ownership or could result in the vehicle being repossessed in the future. Known Problems: Research the particular make and model of the car you are interested in buying. Look for common issues or known problems associated with that specific vehicle. This information can help you assess potential maintenance costs and make a more informed decision about the car's overall condition. Vehicle History and Accidents: Consider obtaining a detailed vehicle history report, which can provide information about past accidents or damage. This report can help you identify any potential undisclosed issues and assess the car's true condition. By considering these factors and conducting proper due diligence, you can mitigate risks and make a more informed decision when buying a modern used car. *Note: The information provided is general in nature, and it is always recommended to seek professional advice and refer to local regulations when buying a used car.

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In this episode, we take a deep dive into how the automotive industry actually works. We explain how companies are driven to make money and how this impacts stock allocation and supply. We explore government legislative changes around fuel efficiency standards and how companies make decisions based on these outcomes. We provide valuable insights on the factors that will impact both original equipment manufacturers (OEMs) and dealerships. Join us as we discuss the trends and challenges, offering strategies and solutions to navigate the changing automotive landscape. Don't miss this engaging and insightful episode that provides viewers with an exclusive preview of the future of the automotive industry. Tune in now to stay one step ahead in this dynamic sector. This information on this site is intended as a general reference for Internet users. It is made available on the understanding that Talking Automotive with Mark & John, as a result of providing this information, is not engaged in providing professional advice. Viewers & Listeners should seek their own advice re undertaking any commercial actions. All information in this site is provided "as is", with no guarantee of accuracy, timeline

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In this episode, we take a deep dive into the future of the automotive industry, providing an analysis of market changes from 2022 to 2023 and predictions for the year 2024. We explore the emerging trends and innovations that are shaping the industry and discuss how car dealerships can adapt and thrive in this evolving landscape. From government legislative changes around fuel efficiency standards to the major disruptions in the market, we provide valuable insights on the factors that will impact both original equipment manufacturers (OEMs) and dealerships. Join us as we discuss the transformative trends and challenges, offering strategies and solutions to navigate the changing automotive landscape. Don't miss this engaging and insightful episode that provides viewers with an exclusive preview of the future of the automotive industry. Tune in now to stay one step ahead in this dynamic sector.

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Join us in this episode as we speak with Michael Mckenna from the VACC (Victorian Automotive Chamber of Commerce) about the current and future challenges facing licensed motor car traders in the automotive industry. Michael sheds light on the various legislative hurdles that dealers are encountering, including the introduction of the new fuel tax levy, disparities in taxes paid on imported vehicle parts by component importers, and the impact of electric vehicles on service workshops. We delve into the VACC's efforts to advocate for members by engaging with politicians and government bodies to influence legislation and ensure timely and supportive transitions. Tune in to gain valuable insights into how the industry is proactively seeking solutions and supporting its members in facing the challenges that lie ahead.

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In this episode we talk to Michael Mckenna from the VACC (Victorian Automotive Chamber of Commerce) about consumer law and how it is impacting their members the Licenced Motor Car Traders. Michael explains that dealers are facing increased complaints related to issues like buyers remorse and technical issues. He believes these complaints have risen due to increased consumer awareness of their rights, more complex vehicles and repairs, extraordinary high prices after Covid which are now coming down (buyers remorse) and tighter finances putting pressure on dealers and customers. He outlines dealers' obligations under consumer law to provide fit-for-purpose vehicles, honour warranties, avoid misrepresentation and resolve disputes fairly. If dealers fail to meet these obligations, they can face penalties, legal action, and loss of reputation. Consumers and dealers are well protected under current laws. Potential new protections could include a lemon law and protection around such vehicles. While aimed at protecting consumers, Michael believes this does not cover the complexity of vehicles and the additional cost burdened by the dealers to administer such a policy would be unfair and be taken from other social support dealers provide to the community. To help dealers, the VACC provides training on consumer law, industrial relations, contract and legal obligations, customer dispute resolution procedures and customer service best practices, a technical library and technician apprentice program. They also canvass politicians and work with other industry bodies. By keeping dealers informed and setting industry standards, the VACC aims to promote fair trading and fewer complaints. Overall Michael provides insightful perspective on the pressures facing dealers and how consumer laws attempt to balance their interests with consumer rights.

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This week's episode features John Ashton from the Dent Academy, a leading provider of paintless dent repair training and services. John gives us an inside look at the benefits of paintless dent repair and why it has become the preferred method for repairing dents and dings on vehicles. Paintless dent repair involves massaging dents out from behind the body panels using specialized tools, allowing the metal to be reshaped without harming the vehicle's factory finish. This avoids the need for sanding, fillers, paints, or chemicals. John explains how this makes the process much faster, more affordable, and environmentally friendly compared to traditional body shop repairs that require repainting. At Dent Academy, they are dedicated to training the next generation of PDR technicians. John discusses their hands-on curriculum, state of the art training facility, and how they work directly with industry partners to keep their courses relevant. Students learn the latest techniques and have a chance to hone their skills before entering the workforce. John also provides tips for consumers to look for when choosing a PDR provider, key questions to ask, what to expect from the repair process, and how to maintain your car's finish. He stresses the importance of choosing a properly trained technician, not just the cheapest option. Overall, it's a great chance to learn from a true expert about the advantages of paintless dent repair and what sets Dent Academy apart in training the technicians of tomorrow. Tune in for valuable insights!