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Hey guys, sorry we missed a show this week.
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I went to Tennessee, you might have seen it on our YouTube channel, the Don Baskin interview
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and 1000 car collection.
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There was a long form interview in that and I asked Bobo to take that unedited interview
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and put it up here for you guys today to get a little something on the side since I
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missed you last week.
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See you Saturday morning bright and early.
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The YouTube's located at JCWShow.com and that video is tracking ahead a million
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for the end of the week.
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It's pretty exciting.
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We're going to Covington, Tennessee to go buy Don Baskin's massive collection.
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It's got a thousand cars, one of the largest collections in the country.
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But I ended up discovering the story behind this car empire and the way this guy thinks.
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This is the most interesting son of a bitch I've come across in a long time.
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I see you on TV all the time.
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I've been doing the radio show for 20 years.
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And I don't know if you ever hear me on the radio on.
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In Memphis we're on the Max.
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Is that the rock station?
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Oh, I just think it can be on the radio.
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So the cars that when we're driving up and they got the stickers on them are those co-parts?
01:02
Some of them are about co-parts.
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I mean, I got some of the questions on where to start.
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But like I told the guys when we got here, I'm like, okay, now I know where I understand
01:11
who I'm dealing with.
01:13
Because I've been, not like this, but you know, you're just a trader.
01:19
Horses, pigs, rags, straigs.
01:21
I got a bunch of horses.
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I suppose you've probably ever made a trade for land.
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Yeah, I got a lot of land.
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I got that billed over.
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Some food you can't walk in, but I guess I got two big old cotton warehouses full of cars.
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I mean, I got 970 inches.
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I thought we were just going to come up and try to buy a handful of cars.
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JD said that you were serious about it.
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I want to sell them all.
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What are you going to do with it when you're done?
01:49
Biggest of the land?
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Might start buying again.
01:52
Probably we'll run out of room.
01:55
So when you started, I mean, obviously you made the money on the equipment to buy the cars
01:59
and then you probably...
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But were you buying wrecks in the beginning?
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I always bought wrecks and big trucks and some cars and fixed them up, you know, for
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I was buying for A.A. and co-party would come along, you know.
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They didn't get so competitive.
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Now they're so big you can't buy nothing.
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And it's all over the world.
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Ain't no way to buy no bargain no more.
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The whole world like that.
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The margins tie it.
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Yeah, I don't know how to get on them all the more.
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I sell a lot from Ritchie Brothers, which he's done that outrageous too.
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I sell a lot to Ritchie Brothers.
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Sammelcast, I thought that a little bit.
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Because once the Sammelcast really sat in and opened the whole world, I've been on that
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thing that you're used to moving.
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Were you shipping stuff overseas a lot back in the day?
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I did in the years, yeah, 90s, yeah.
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We big salvage yard too, some day we cut 20 cuckoos, you know, sell them motors
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and grant me the room and got them all scrapped on off.
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And do you take them?
02:56
Are you like a, what's that company called where you get all the car parks?
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Is there LKQ at truck parks?
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They have got one or two.
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Is that what do you catalog them all and have a website where they know to go to
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your deal to get your parts?
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I use a lot of them parts just for fixing up my trucks.
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Like I buy a truck motor bed, I'll take one out of the other trucks, put in
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it or over all of it or whatever that does it.
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Now we buy mostly dead trucks and fix them, that's the only house I got to make
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But I got them listed in there, but I've had coffee like 10,000
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months or something.
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Looking, yeah, looking at a, you finance a lot of it?
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I do, I do a lot of finance myself and then I get a bunch of finance, you
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But I don't owe nothing on none of it.
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When we rolled up, I said, old Don is not all a 60-day turn.
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I never, it's very hard for you to believe it, but I've never borrowed one
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dime from a bank or no financial institute.
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I didn't have the money, I didn't buy it.
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I've done it before, but now I'm 100% cash, I don't, I don't.
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Our game is so, I don't know if you're familiar with what I do, but I'm,
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I run a lane at, I'm Mannheim's largest customer.
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And I run a lane at Dallas and we sold, this year we only did 35,000, but the
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other years during COVID we did 53 was on high.
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So you can imagine what that is.
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So we got seven lanes going, one in California, one in Chicago, yeah.
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And there ain't no bank going to cover that.
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You ain't got no title, no title, no car, because the car's gone.
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You know, there's like, there's nothing here to finance.
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You can take a bunch of cash and put it with the bank and get doubled
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But that's, they don't want any part of this business.
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I asked them one time about bonds of money.
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You had to go through so many hoops.
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I just told the people that I dealt with when I was starting out, they
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knew me and knew I wouldn't know the crook, man.
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They would, you know, make a hole to check for a couple of days.
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Sometimes I moved a few of them or something, but I've always never had
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nobody mad at me over no money or nothing.
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I mean, because I always did exactly what I said I'd do.
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But it's a tough world out here now, though.
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I'm tell you, it's just different.
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I mean, things are different from me.
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I mean, we still retail all that 100 bucks a week.
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We sell a hell out of it.
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We sell a hell out of it.
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We sell it a wholesale price.
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And, you know, a man can walk up, buy a truck, five, six
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thousand dollar cheaper, come from the same place, the same
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They're bad for me, you know.
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Good Lord, been good to me.
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When I was 14, my daddy was in the car-sourced
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So I told him, I said, me and him couldn't get along.
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So I quit school and I went to buying big trucks and
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This is cool stuff because a lot of people don't believe this
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This man, I can tell already.
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That's what I said the first 500.
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I know he started with $500.
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And he's worked it to this thing.
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And all of his wealth is tied up in this inventory.
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And he knows, unfortunately, because you probably got a
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little bit of autism before they were saying what
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autism was because you got the memory.
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And to do this game, you've got to have this
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memory that is completely photogenic.
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Yes, the inventory list matters.
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And yes, it helps you, but you know.
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Because you remember everyone you bought and what
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And the ones you buy at auctions, you don't have a
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feeling for that much because you did it so fast.
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But everyone you bought off the street, you
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So I interrupted you.
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Was how did it start?
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My daddy created me enough to buy a truck,
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a big truck that was burnt.
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It was a 9,500 GMC, like a 69 or
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Pretty new back in.
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And I took a cab off when I bought off another
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truck, put on it and made like seven or eight
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And that was when you just ruined yourself at
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You were never coming back.
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I never went back to school.
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Never went back to school.
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Why would you need to?
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I mean, I knew how to read and write,
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So then I went back to buy.
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So what year was that?
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That was, I was born in 57.
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So it'd be about 14 years or that,
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So mid 60s, 70 or something?
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So in the mid 60s, you made 7,000 on a
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That started with 500.
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And you went and did it again?
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I mean, I did it over and over and I
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started getting good people that trust
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me and I was buying big packages from
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like, you know, truck sales in Memphis.
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I went down there one day, you know,
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I was just driving around Memphis.
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I drive around Memphis to all the
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truck lots and what they don't,
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what they could sell that they don't
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Because they want to turn money.
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I go like, you know, truck sales
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had 7,9500 GMC trucks.
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What year do you think we're in?
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I bring this up because this
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guy's are remembering the deal
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And you remember all the deal.
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I bought 7,9500 GMC's had 238
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Detroit's 10 speeds.
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They've been sitting on his lot
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I've seen them four or five time
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And I went there one day and I
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said, uh, I want to buy them
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And he told me, he said, you've
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been down here so many times.
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Have you got any money?
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I said, I wouldn't be down
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about that a month.
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And he said, uh, we'll take
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So I told him, I said, I'll
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give 35,000 for him right now.
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Well, they had never dealt
08:29
But I had, didn't have no
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And I had, before I sold other
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So I paid them for them.
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They did take cash.
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You don't make cash at the bank.
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Make sure everything's good.
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And then I started there and
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then I can remember that deal.
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Then I went deal after deal after
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People won't sell their
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And I was so interested.
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So you had more money than
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your dad pretty quick.
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He never was jealous.
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What about grandpa?
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Because I helped him.
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When I'd get a truck in that
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they could retail because I
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got what it's wholesale and
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moved trucks so fast.
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And because he wouldn't have
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I mean, I was doing things.
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I was going to Texas.
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I was going to come out to
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California, Arizona, buying
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Were they taking drafts?
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I just always had cash money.
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I'd bring suitcase.
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I had a couple of boys with
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We'd pay them cash.
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I mean, I paid my taxes
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all the way through.
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Everything I owed, I'd
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I mean, I never, because I
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had my daughter, she was
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It's about 10 or 11 years.
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She was keeping up with my
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She was keeping your numbers?
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She still does it now.
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She was keeping your numbers?
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Keeping my numbers and
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keeping what we paid for it,
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what we got for it, pay the
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10 or 11 years old is when
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My son is the same way.
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They still with me to the
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How far through school did
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My daughter went to college
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I think he might have
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finished high school.
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You think I'm a crack
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Now, he's a cracker.
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I mean, he don't...
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He'll get to every damn
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everything he sells.
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He sold down trucks that
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they retail each one of them.
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I mean, he gets a kick at it.
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I mean, that's what he does.
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He just like me, just
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My daughter don't love it
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She does work still at
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She don't love it like me
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So that day that you
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bought those seven trucks,
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were you nervous as a
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I was never nervous.
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I know how to go back
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scrapping and make it back.
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I still sell you used
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I got a big scrap yard
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11 loads yesterday.
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scrap on it every day
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It's high right now.
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It's not real high,
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but it's high enough
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I need the room too.
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I mean, I don't run out
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But we've been hauling
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three, four months right
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Where are you going?
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I've got something going on
10:58
I just like to buy.
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Because it's made you
11:03
But I've learned that
11:08
when they come hauled
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three or four million.
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biggest package you ever
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Three or four million.
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Mostly we just retail.
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But I have wholesale
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I'm not going to mention
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name, but up there in
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pretty big at the time.
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Because I'd give him
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And I say this number
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is good for six months.
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went out or went up,
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nobody because he knows
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I'm going to pay him
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wire the money right
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I don't look at him
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I'm going to do nothing
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because I know what
12:13
I never worry about
12:22
I never had that worry.
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I've bought and sold plenty
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I just don't want to
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and COVID was rolling
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I quit worrying about it
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working out so good
12:52
And then we'd go back
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that we sold the cars
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It was the craziest day
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Cars and pickup trucks
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started in this business
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I'm going to get in
13:46
every once in a while
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we sit right in here
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out of any of these
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and put new gas in them
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that's just the way
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but about once a year
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but it's hard to keep
14:24
got cars in them too.
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never want to try to
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burden on my kids trying
14:39
just let them have it
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what they want to do
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and you could buy them
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were you talking about
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into the factory sales
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customer that we did
15:26
a bunch of business with
15:27
was going to set up
15:31
them be selling cars
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my story like yours
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I started with 7 grand
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many other equivalent time
15:57
when I started back over
15:59
really I got on the radio
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cause I was in a wheelchair
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I didn't know what to do
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with from a wheelchair
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I can't make the car
16:06
I'm never gonna walk again
16:07
I was pissing through a stick
16:08
and then I started getting
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better and I got on the radio
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maybe I can get the cars
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but long story short
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have you ever had that moment
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doesn't sound like you have
16:21
I never missed no cars
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cars and margins so close
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but you know what got me in trouble
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is what you said earlier
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I had a Dodge Chrysler
16:30
I had a Ford Motor Credit floor plan
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so I had all this money
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when you're using other people's money
16:36
you're not watching it
16:37
like to watch your money
16:40
I should say when I started out
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I just took me through it
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I mean it wasn't them
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I couldn't be here now
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I never backed up on nothing
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I mean I bought trucks
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they come in they trucked
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I still buy trucks for me people
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but I stubbed my word
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I said yeah I'm gonna do
17:00
I don't buy trucks next time
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because those big waves
17:02
that we go through 9-11
17:08
yes because you have money
17:09
where I make my money
17:10
because I buy trucks
17:11
that you could cost 20,000
17:14
you might have 7,000
17:16
and I just stopped buying my own
17:20
I bought some trucks at one time
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you know they wouldn't come in
17:25
you didn't have no money
17:26
you could move them
17:27
but I always kept money
17:35
a little 2% interest
17:37
I don't want that shit
17:38
I don't want to mess
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and I might do something
17:43
but 2% I rather just tie it up
17:54
and I got this place
18:01
I mean slow right now
18:29
they didn't pay the payment
18:32
they ain't got no money
18:33
they ain't got no money
18:35
I'd rather see a man
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walk in a cover all
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walk in a dead young
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and a pair of breeches
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and he'd come out with a
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so let's talk about
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this collection here
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is kinda scaring me
18:57
a little version of this
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and put them in my barn
19:05
when you started this
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to always have a bunch of cars
19:10
I really planned it
19:12
I bought the chivalry
19:13
did a ship out up here
19:14
and they offered me
19:17
and chivalry did a shit
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oh you bought the real estate
19:21
I bought the real estate
19:22
from chivalry place
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and they had an auction
19:28
didn't get it through the auction
19:30
it didn't bring enough
19:33
we drove through there early
19:34
we still don't sell
19:36
I use so much of it
19:41
they gonna put them
19:43
put them in stock you know
19:45
we do a lot of that stuff
19:46
but when you bought
19:47
the Chevy real estate
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to have the franchise
19:53
I had the forward tractor
19:57
was so close on that stuff
20:04
I bought a lot of stuff
20:06
when I get ready to sell it
20:08
by brand new tractors
20:11
so you're known in this zone
20:12
as the guy that put a number
20:16
that I've dealt with
20:17
and they don't know that
20:20
to every one of them
20:24
what I could get from
20:26
with high mileage stuff
20:30
mostly what I mess with
20:34
were y'all working on him
20:36
he wasn't going to have an auction
20:39
I'm just going to tell you
20:40
where I'm at right now
20:41
it's just a hard place
20:42
for me to sell these cars
20:52
but I got to sell them
21:00
they would never sell them
21:02
I feel like they were doing
21:03
a disservice to you
21:05
so you want to sell them
21:07
but all means everything
21:10
I feel like I have one day
21:12
and rest on the inside
21:14
is it all on the computer?
21:18
I got all the titles
21:20
but I ain't got none
21:21
you don't have them
21:22
logged in the system?
21:24
logged in my business
21:26
I mean but the inventory
21:31
I may have one or two
21:32
titles that we wait
21:35
the last ones I bought
21:37
do you know the difference
21:45
I should have a little bit
21:48
but that includes the junk?
21:53
but not down the street
21:56
so that's what's called
21:58
I bought two cars this
22:05
I've been trying to buy them
22:07
finally brought them up
22:16
I bought ten cars this
22:20
I always buy a bunch of
22:22
you've been talking
22:23
about cars for a while
22:24
on the phone and today
22:25
those are your Christmas
22:28
and you're excited about
22:32
you gotta pull these
22:36
cause they get water
22:37
down with everything else
22:38
and you can't focus
22:40
we're talking about
22:45
come to look at them
22:57
give them a bottle of
23:06
whatever you call it
23:19
when he first started
23:24
maybe not that long
23:26
so it rolled through
23:29
and the guy that sold it
23:39
I bought a few cars
23:58
like something definitely
24:00
or something Ralph Lauren
24:06
he got some big shit
24:11
he's seen everything
24:12
Peterbilt's calling
24:16
I ain't had a chance
24:17
I'm with a customer
24:18
give me a few minutes
24:28
called on the trade in
24:30
from Peterbilt's store
24:32
and they're sending pictures
24:35
he's got to hang a number on it
24:36
so that they can work
24:37
their deal with their customer
24:45
got a savings condo sleeper
24:49
so it's been done twice
24:54
there's 60 grand right there
24:58
I can hold one for five
25:05
I buy so many parts
25:06
and I buy them at like
25:07
like the end of the year
25:11
and they brought them back
25:13
where's something missing
25:17
it's nothing missing
25:18
but they don't know
25:21
what were you getting
25:23
he said come back to me
25:24
I said come get them
25:25
are you giving them eight grand
25:28
is that about right
25:31
they're bright enough
25:32
but you gotta do it for
25:36
or will you do the motor
25:37
I won't do nothing to it
25:40
and I can show them
25:42
but if it needs overhaul
25:45
but if you put it in
25:47
and I got a big dyno
25:53
I bought it in like 2,000
25:55
and I upgraded all time
25:57
but I put them on dyno
25:58
if you're not gonna hammer them
25:59
I'm gonna hammer them
26:01
flip the wheels on the dyno
26:03
if you do the motor
26:04
what do you get out of it
26:05
I can do the motor for 5,000
26:06
but what do you get out of it
26:07
we do a lot of them
26:08
do the motor and charge
26:11
but I can do it for 5,000
26:14
nobody else can do it
26:16
I got boys can do it in a day
26:19
put a brand new head
26:20
I got kids in stock
26:21
I got all the pistons
26:23
they're going there
26:24
and do the whole overhaul
26:28
Air Connect for the rest of the week
26:30
another money to live
26:31
but they've been working for me
26:35
it would cost to go do that
26:37
it cost you 40, 50, 60
26:40
who want me to overhaul them
26:42
I don't want to do that
26:43
well before we get into these cars
26:45
Trump stuff all over the time
26:48
some hot sports opinion
26:50
what do you think this country
26:52
it would get this bad
26:54
and I thought he would bring it out
26:55
but he ain't brought it out
26:57
I mean I'm really disappointed
26:59
what did you think he would bring
27:00
oh get it out of the funk
27:01
I think get out of the funk
27:02
get it that's like rolling in
27:03
but our bet is still good
27:06
but nothing like it was
27:11
obviously in the start
27:16
they're just eating it right now
27:17
they're losing money
27:21
and when that price
27:22
really shows up in the new car
27:24
it's going to funk so hard
27:28
it's a different world
27:30
and you're out here
27:32
this world's not that different
27:35
if there's just one ounce
27:36
of not bringing nothing
27:37
it wouldn't even bother me
27:40
I mean I've been through it
27:42
I've been through the lows
27:44
how many times have you been married
27:56
I got one right now
27:58
I already knew the answer
28:00
I went to her marriage
28:01
when I was 16 to 17
28:06
I went to their marriage
28:07
I was one of the best men
28:10
he got to run around
28:11
and she divorced him
28:12
and then I've been single
28:15
and I started dating her
28:17
and the next thing I know was married
28:19
she's just a good woman
28:22
she's gonna go to church
28:24
and she's gonna do right
28:26
and are y'all still good
28:30
when I was selling my
28:32
I'll tell you a little story here
28:37
she was divorcing me
28:39
and I had to give her a bunch of money
28:48
called me at 12 o'clock
28:50
or 11 o'clock at night
28:51
and said don't settle
28:53
we found what she had
28:54
installed millions from us
28:57
I went into the courtroom
28:59
and I was giving her 7 million
29:04
I told him I wanted to re-nig it
29:06
I said I'm not giving it to her
29:07
and she said y'all need to go talk
29:08
so I went back around
29:10
when nobody was me and her
29:11
I said I got you called
29:12
I was stealing money from her
29:14
and it was a corporation
29:15
they said I can prosecute you
29:17
I'm going to prosecute you
29:19
I said I'm pretty good friend of the
29:22
and I've already contacted
29:25
it went from 7 to 3
29:27
so I settled with her
29:29
but I was just fixing to give her 7 million
29:31
did you tell her just get you
29:33
I bet the first offer was
29:35
get the fuck out of here
29:36
and I won't put you down
29:37
I ain't paying you nothing
29:40
first offer I'll give her was 3 million
29:43
we wanted to be done
29:44
I want to be done with her
29:45
because you knew that
29:48
I put it through school and everything
29:50
I mean she was a CPA
29:51
she was the nabbing buddy
29:53
I got a good friend
29:56
I won't say his name
29:57
but his wife was his lawyer
30:10
two or three thousand
30:14
and I got my daughter
30:17
she didn't pick out
30:19
pair of brand-new black pictures
30:22
and all of them was the same name on
30:24
I mean it's all the same good stuff
30:26
but no reason for it
30:29
spent money to spend it
30:30
and she spent money
30:33
that woman that got me
30:37
this will make sense to you
30:41
from this other dealership
30:44
this dealership I bought
30:45
was two, three hours away
30:48
so all this is going on
30:53
they set this up on the front
30:56
and then I'm selling him
30:58
and he's taking them down to
30:59
Louisiana for Katrina
31:01
getting paid on him
31:03
but every once in a while
31:04
she goes to the bank
31:08
twenty thirty seven five
31:11
so what she was doing
31:12
is selling them to him
31:13
for about ten percent of the
31:15
but the actual transaction
31:18
and we did surrender title
31:21
they had the detail on their end
31:23
but she was stocking them in
31:24
as sold for the prices
31:27
making eight hundred
31:28
making eighteen hundred
31:29
losing five hundred
31:32
but there was no cash
31:33
and it was just shrinking down
31:36
the problem with it
31:39
they actually did a deal
31:40
and she said well he lied
31:41
he wanted me to stock them
31:43
because he was just trying
31:46
she was like my wife
31:49
and at the bottom of it
31:51
and that's one thing
31:52
I've seen in my career
31:54
you don't even know
31:57
when you get on meth
31:58
you turn into a vampire
32:02
you know that stuff
32:04
they steal everything you get
32:05
that you've ever had
32:06
have meth behind them
32:07
and you don't realize it
32:08
when they get on it
32:09
and they're people that you
32:11
and they get on that
32:12
they can't hardly get off it
32:13
they get on that shit
32:17
they steal anything you got
32:19
I give them drug tests
32:23
because these sales
32:25
because I got the titles
32:30
with a cashier check
32:31
they can't be stopped
32:36
ain't nobody getting no
32:38
cause they got cash
32:39
you won't get a title
32:40
I'll put it all to bank anyway
32:42
they can call back too
32:44
oh yeah I don't do it
32:48
one way they can get that
32:52
compared to the bank
32:53
cause I want to make sure
33:00
in the rest of the case
33:01
we don't do no business
33:02
if they don't give us a
33:04
come back and check
33:06
we'll let them do it
33:08
we got a lot of big cars
33:12
I can hand sell this
33:29
and he's out of town
33:33
that's when you mess with cars
33:34
and trucks like you are
33:38
it's still a lot of truck
33:40
but it's not narrow one of them
33:43
and they'll call me
33:48
within two or three
33:52
and they'll go my number
33:53
a lot of times they said
33:54
well we got a better offer
33:55
I said well take it
33:57
they'll always call me back
34:01
after they say that
34:04
you done shopped me
34:05
shopped me where it's going to hurt me to sell it
34:07
cause everybody's got a picture of it
34:09
everybody's got a picture of it
34:10
just like these cars here
34:11
they don't nobody know about them
34:13
and they don't know what I'm going to do
34:14
that's why I don't want nothing
34:15
you know you put just
34:16
what we do in here on camera
34:17
but I don't want nobody
34:18
I'm going to have an auction
34:20
and sell every one of them
34:22
do you want me to buy anything today
34:24
I really don't want selling out here
34:26
I just want to sell it all up
34:28
but it's just so many in here
34:29
I don't know what they'd work
34:30
you know I bought them years ago
34:32
just like it had a whole line of
34:34
transamps at one time
34:35
I got a few over now
34:36
like you don't have the good ones left
34:39
I mean I think they good
34:40
I mean but I bought them cheap
34:42
do you want to walk some cars
34:44
and we'll just start
34:46
and see what we come up with