Glossary / General

due diligence

15 Episode Mentions

Too Afraid to Ask

Due diligence means checking a car carefully before buying it. This includes looking for problems and making sure it is worth the money so you don't get stuck with a bad car.

Technical Definition

Due diligence in car buying means thoroughly inspecting and evaluating a vehicle before purchase, including mechanical condition, history, and potential costs. This helps ensure the investment is worthwhile, especially for older cars.

Hear It Discussed

"I think at the age of the auction world today, there's such this impulse and and this you know rush in speed, and it's like, yeah, I understand the idea of you don't want to miss the car, and the..."
Talking Lamborghini with John Temerian Bloomberg Hot Pursuit! 43:01

"And I think it's important that you do your due diligence, that cold start video we talked about,"
I Waited 15 Years For My Porsche. Now I'm Scared To Drive It | Listener Q&A Eleven After Nine | A Porsche Culture Podcast 24:41

"Traditionally in an acquisition, you can do a whole bunch of due diligence, you send in an army of accountants, lawyers, so on and so on. We couldn't access the site. We couldn't come on site here."
Race Business: How Williams went from $200 million sale to being worth $2.5 billion The Race F1 Podcast 07:15