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...
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.
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.
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.
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.
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
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.
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.
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.
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.
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.
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.
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.
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?
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
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....
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.
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.
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.
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.
One of my good friends owns his own land of about 10 acres and he sells cars out of it. People drive 30 minutes to come see this guy due to the fact that he sells cars way less than what other dealers do because he has 0 overhead. He also sells cars basically as soon as he gets them, so he sells by volume and makes quite a significant amount a year. Additional information he has shared is: He buys cars in a package deal, so he usually gets a really good deal and the more cars he buys, the more he can negotiate. He discloses any issues with cars and fixes major issues. Also guarantees his car will get you home or he will make it right. Has no employees other than family, so again, no overhead. He's awesome and I want to keep going back to him, so I have and 7 cars later, I am ready for my 8th. In two years...
"I'm going to need to talk to my wife before doing anything" is the way I subtly let the salesman know that I'm not buying anything, and so he (or she, but almost always it's he) doesn't need to waste time on me if he doesn't want to. That and "we're a good year or so away from a new car, so I'm just looking into things now, so if you don't want to waste time on me, that's fine," which is... a little less subtle. I only go at off-hours, so it's always been fine so far. One time, the guy just handed me the keys and said told me to bring it back before an hour had passed!
No. Actually I forgot I wrote that. In retrospect I was comparing this guy to Doug, I guess. There was a period where I was fed up with Doug which explains the mention in that original comment. To add to it, Nikes and slim jeans paired with a printed t-shirt don't go with a jacket like that and a Porsche sitting in the foreground.
Doug DeMuro does a pretty good job at reviewing cars. Tyler Hoover does a pretty good job at entertaining. If I was in the market to buy a car, I'd watch Doug DeMuro, assuming he even reviewed the one I had in mind. Instead I watch Hoovie, Rabbit, Doug Tabbutt, Ed Bolian, and the like. Even Engineering Explained is more entertaining than DeMuro.
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!
Location is really important...if you live in a area where transportation is really needed, u can make great money selling cash cars ..a wholesale retail license... working at a dealership is not a must ..but if you are fairly young why not..if your over 40 use ur own life experience..
Life is tough for a car dealer, because in this world, we Reap what we Sow. Even though its hard work, there is nothing honorable about flipping a product. Make a living offering a true honest value to customers, and you will reap the rewards quickly.
You have to learn a few phrases: "What's it gonna take to get you to buy a car today" "Let me talk to the sales manager" "This is the hottest selling car in America"
I know when I was in the car business Buy Here Pay Here was the golden ticket to making money. You just have to live with your self selling a car after all payments done for 3 times what the car would retail for.
Can I give you a cool advice ? In any of your cars, when you drive sporty, adjust your seat and your steering wheel to have an almost 90 degree angle in your elbows so that when you steer 90 degrees in one direction (with your hands at 9 and 3), your arms would still have an angle so you won't struggle reaching the steering wheel.
i often notice that taxi drivers set up their chairs like it's a fucking sunlounger.. i always find this extremely funny, because deliberately striving for back problems is kinda weird. today i saw a maybach 62's (which lives in our office building) driver doing the same thing: the back of the seat reclined like fully, and the dude sitting like on a stool.
Great video. I really appreciate you putting this honest information available for some of the public to understand 'the business'... a little more. Thanks.
"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
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...
🌹 I love how you discourage people from becoming dealers but you're STILL in it!! 😜LOL!!! You're also "broke" but have a ton of cars!! #iLoveCars #iLoveBeingADealer #DealerLife
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.
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...
Did you have other staff as a dealer or did you do EVERYTHING? Were you able to close any deals entirely through online dialog or were the vast majority in person? Great How to!
couldn't you just work mostly online especially if you selling old used cars or sell your cars at auction. idk I feel like there a way to flip cars without owning a dealership.
That was also a shit auction... The big auctions in the Dallas area sell like 10,000+ cars a week... If you're willing to stay all day, you can steal some...
The secret about auctions has long been out now and rarely lead to incredible deals that aren't hidden headaches but it appeals to the gambler, hopeful and desperate.
yep, and now everyone and their brother can get a dealer's license so you have a bunch of noobs not knowing what they are doing and driving up the prices of everything. plus, combined with the fact that some dealerships are in cahoots with each other and intentionally bid up vehicles so no one gets it, only to then back out of it for X reason bc they can since they buy in large volume, then sneak in a buy at a lower price. there is a lot of illegal shit that goes on at these auctions
This video explain why dealerships in this town are so over priced . Seriously man I had to drive all the way to OKC for a reasonable price point for my current car . Wichita for imports like Honda’s seem to always cost 3000 more then places like NJ or Texas .
The B2300 going that much doesn’t surprise me. Rangers aren’t made anymore and there’s a good sized market for small trucks. My 96 B2300 sells for $2.5k at 150,000 miles in acceptable condition- but trucks always go for more in the South anyways- many times over KBB
I've been buying and selling private party cars for many years as a hobby. I Specialize in tri-five chevy's and 64 Impala's, they seem to be the best money makers for me. Believe it or not, I buy almost all of my cars off Ebay and Craigslist. If I can't make at least $5K on a car, I won't bother with it. I have a friend who is a bodyman and mechanic, so I only do the simple stuff myself. Last yr I bought a 57 Belair, 60K miles with original paint and NO rust for $19K on Ebay, sold it 2 months later for $29K, and that was a giveaway! The buyer sold it to a flipper in Germany who sold it for $45K euros! I do this as a hobby only. I look for ads just like that 57, the seller had zero feedback, crappy photos, and even a worse description and the ad was no reserve. Because of that, nobody was willing to take a chance on the car, I threw in a 20K bid just for kicks, and was shocked the next morning when I won the auction at $19K! I was even more shocked when I went to see the car, it was WAY better than it looked in the photos and even had zero rust and totally original interior! I spend hours and hours looking at ads, and generally only buy cars that I can drive to in one day. That way I get to see the car in person before paying. Buying a car sight unseen is a huge risk, and unless it's an awesome deal, I generally won't do that, but have on occasion, and usually make out very good. Hoovie, you should try buying some tri-fives, the prices have been going down a lot recently, and you can pick up a decent 2 dr in the $25-30K range, do some simple repairs and clean it up, and make $5K easily. WHo wouldn't want to make $5K on every car?