#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

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

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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.

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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.