The Independent Dealer Podcast

The Independent Dealer Podcast

Jeff Watson & Luke Godwin

Updated about 1 hour ago
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A podcast for Independent Used Car Dealers to get help on how to improve their dealerships and their life. As current used car dealers, Luke and Jeff find the best advice from industry experts and other successful dealers. If you want to learn and grow your business with like minded used car dealers tune in each week. "Dealers Helping Dealers"

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Episodes (480)

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#151 - The Financial Health of Your Dealership in 2020 w/ Jim Rhoads

Jim Rhoads, owner of The Octane Group, joins us to talk about the KPI's that you should be looking at to see if your dealership came out of 2020 healthy. We talk about net profit as a percent of sales, the importance of having a DMS and or accounting software and many other ways to look back at your 2020 schedule.  Please support those that support the podcast: www.Taxmax.com Use promo code “Podcast” for 25% off sign up Thank you for listening we hope you learned something new. Let us know what you think. www.theindependentdealer.com [email protected] Please subscribe, leave us a review, and share with a friend. Connect with us online: https://www.facebook.com/groups/independentautogroup https://www.facebook.com/jlukegodwin https://www.facebook.com/sendtojeffw Listen to all our episodes on Anchor: https://anchor.fm/theindependentdealer Used car dealer, Independent dealer, automotive, car sales, entrepreneur

S3E151 Jan 07, 2021 32 min

Welcome to 2021 and Seasons 3

Welcome to season 3. Hope everyone is ready for a new year and new content. We are committed to continue the podcast and continue to bring you educational content all year. 

S3E151 Jan 01, 2021 4 min

#150 - From 30k to 14 Million in 10 years w/ Harry Buchelly

Harry has gone from 30k in the bank to a 14 million BHPH portfolio in 10 years with zero debt. As a Colombian immigrant he has worked hard and smart to get to where he is at today. An inspiring story from an excellent operator. Please support those that support the podcast: www.DealerRe.com www.Taxmax.com Use promo code “Podcast” for 25% off sign up Thank you for listening we hope you learned something new. Let us know what you think. www.theindependentdealer.com [email protected] Please subscribe, leave us a review and share with a friend. Connect with us online: https://www.facebook.com/groups/independentautogroup https://www.facebook.com/jlukegodwin https://www.facebook.com/sendtojeffw Listen to all our episodes on Anchor: https://anchor.fm/theindependentdealer Used car dealer, Independent dealer, automotive, car sales, entrepreneur

S2E150 Dec 31, 2020 37 min

#149 - How I Built This w/ Clint Wactor

Clint Wactor has been a dealer since 89 and has some great wisdom to share with us. Please support those that support the podcast: www.DealerRe.com www.Taxmax.com Use promo code “Podcast” for 25% off sign up Thank you for listening we hope you learned something new. Let us know what you think. www.theindependentdealer.com [email protected] Please subscribe, leave us a review and share with a friend. Connect with us online: https://www.facebook.com/groups/independentautogroup https://www.facebook.com/jlukegodwin https://www.facebook.com/sendtojeffw Listen to all our episodes on Anchor: https://anchor.fm/theindependentdealer Used car dealer, Independent dealer, automotive, car sales, entrepreneur

S2E149 Dec 24, 2020 50 min

#148 - How I Built This w Scott Shook

Meet Scott Shook of Shook Auto in New Philadelphia Ohio. How I built this series the whole month of December. Please support those that support the podcast: www.DealerRe.com www.Taxmax.com Use promo code “Podcast” for 25% off sign up Thank you for listening we hope you learned something new. Let us know what you think. www.theindependentdealer.com [email protected] Please subscribe, leave us a review and share with a friend. Connect with us online: https://www.facebook.com/groups/independentautogroup https://www.facebook.com/jlukegodwin https://www.facebook.com/sendtojeffw Listen to all our episodes on Anchor: https://anchor.fm/theindependentdealer Used car dealer, Independent dealer, automotive, car sales, entrepreneur

S2E148 Dec 17, 2020 30 min

#147 - How I Built This W/ Jason March

Our HIBT series continues with Jason March of March Motors in Jacksonville FL.  Please support those that support the podcast: www.DealerRe.com www.Taxmax.com Use promo code “Podcast” for 25% off sign up Thank you for listening we hope you learned something new. Let us know what you think. www.theindependentdealer.com [email protected] Please subscribe, leave us a review and share with a friend. Connect with us online: https://www.facebook.com/groups/independentautogroup https://www.facebook.com/jlukegodwin https://www.facebook.com/sendtojeffw Listen to all our episodes on Anchor: https://anchor.fm/theindependentdealer Used car dealer, Independent dealer, automotive, car sales, entrepreneur

S2E147 Dec 10, 2020 36 min

#146 - How I Built This w Andrew Wiley

How I Built This with Andrew Wiley owner of Consumers Auto Warehouse.  Please support those that support the podcast: www.DealerRe.com www.Taxmax.com Use promo code “Podcast” for 25% off sign up Thank you for listening we hope you learned something new. Let us know what you think. www.theindependentdealer.com [email protected] Please subscribe, leave us a review and share with a friend. Connect with us online: https://www.facebook.com/groups/independentautogroup https://www.facebook.com/jlukegodwin https://www.facebook.com/sendtojeffw Listen to all our episodes on Anchor: https://anchor.fm/theindependentdealer Used car dealer, Independent dealer, automotive, car sales, entrepreneur

S2E146 Dec 03, 2020 42 min

#145 - The Best Of The IDP 2020

Happy Thanksgiving and thank you for your support of the IDP. This week  Luke & Jeff have compiled 5 of their favorite segments from past  podcasts. Enjoy!  Please support those that support the podcast: www.DealerRe.com www.Taxmax.com Use promo code “Podcast” for 25% off sign up  Thank you for listening we hope you learned something new. Let us know  what you think. www.theindependentdealer.com [email protected]  Please subscribe, leave us a review and share with a friend. Connect with us online: https://www.facebook.com/groups/independentautogroup https://www.facebook.com/jlukegodwin https://www.facebook.com/sendtojeffw  Listen to all our episodes on Anchor: https://anchor.fm/theindependentdealer  Used car dealer, Independent dealer, automotive, car sales, entrepreneur

S2E145 Nov 26, 2020 58 min

#144 Crafting A Pay Plan For Salesmen w/ Marshall Zoerner

Marshall joins us again to talk in depth about sales person compensation plans. What makes a good pay plan, now to know if you're overpaying your sales team, and how to incentives the right results. Please support those that support the podcast: www.DealerRe.com www.Taxmax.com Use promo code “Podcast” for 25% off sign up Thank you for listening we hope you learned something new. Let us know what you think. www.theindependentdealer.com [email protected] Please subscribe, leave us a review and share with a friend. Connect with us online: https://www.facebook.com/groups/independentautogroup https://www.facebook.com/jlukegodwin https://www.facebook.com/sendtojeffw Listen to all our episodes on Anchor: https://anchor.fm/theindependentdealer Used car dealer, Independent dealer, automotive, car sales, entrepreneur

S2E144 Nov 19, 2020 49 min

#143 - Top 5 Compliance Landmines w/ Steve Levine

Steve from Ignite Consulting shares with us the top 5 mistakes he sees dealers make when it comes to compliance. Dont get sued! Thanks to our sponsors! www.Taxmax.com Code: "PODCAST" for 25% off www.DealerRe.com Thank you for listening we hope you learned something new. Let us know what you think. www.theindependentdealer.com Please subscribe, leave us a review and share with a friend. Connect with us online: https://www.facebook.com/groups/independentautogroup https://www.facebook.com/jlukegodwin https://www.facebook.com/sendtojeffw Listen to all our episodes on Anchor: https://anchor.fm/theindependentdealer Used car dealer, Independent dealer, automotive, car sales, entrepreneur

S2E143 Nov 12, 2020 41 min

#142 - Tax Season Boom or Bust w Bill Nylan

Will the 2021 tax season be a boom or a bust? Bill from Taxmax will join us to share his insight on what he is seeing and what we as dealers can expect from tax return season. Thank you for listening we hope you learned something new. Let us know what you think. www.theindependentdealer.com Please subscribe, leave us a review and share with a friend. Connect with us online: https://www.facebook.com/groups/independentautogroup https://www.facebook.com/jlukegodwin https://www.facebook.com/sendtojeffw Listen to all our episodes on Anchor: https://anchor.fm/theindependentdealer Used car dealer, Independent dealer, automotive, car sales, entrepreneur

S2E142 Nov 05, 2020 35 min

#141 - Q&A with Luke & Jeff

We do our best to answer your questions. Thank to everyone that reaches out to us via facebook message or email. We appreciate and need your review of the podcast. Tell the world what you like or dislike about IDP. Thank you for listening we hope you learned something new. Let us know what you think. www.theindependentdealer.com Please subscribe, leave us a review and share with a friend. Connect with us online: https://www.facebook.com/groups/independentautogroup https://www.facebook.com/jlukegodwin https://www.facebook.com/sendtojeffw Listen to all our episodes on Anchor: https://anchor.fm/theindependentdealer Used car dealer, Independent dealer, automotive, car sales, entrepreneur

S2E141 Oct 29, 2020 30 min

#140 - 20 Group Notes w/ Luke and Jeff

This week we share with you our top takeaways from our recent 20 group meeting. Its always great to get away from the dealership for a couple days and work ON our business. Thank you for listening we hope you learned something new. Let us know what you think. www.theindependentdealer.com Please subscribe, leave us a review and share with a friend. Connect with us online: https://www.facebook.com/groups/independentautogroup https://www.facebook.com/jlukegodwin https://www.facebook.com/sendtojeffw Listen to all our episodes on Anchor: https://anchor.fm/theindependentdealer Used car dealer, Independent dealer, automotive, car sales, entrepreneur

S2E140 Oct 22, 2020 25 min

#139 - Q4 Tax Tips with Lee Ferguson of CLA

Now is the time to start planning for year end tax savings. Write down your inventory, wait on PPP forgiveness, expense that improvement to your dealership and other tax tips from Lee Ferguson of CLA accounting firm. Thank you for listening we hope you learned something new. Let us know what you think. www.theindependentdealer.com Please subscribe, leave us a review and share with a friend. Connect with us online: https://www.facebook.com/groups/independentautogroup https://www.facebook.com/jlukegodwin https://www.facebook.com/sendtojeffw Listen to all our episodes on Anchor: https://anchor.fm/theindependentdealer Used car dealer, Independent dealer, automotive, car sales, entrepreneur

S2E139 Oct 15, 2020 38 min

NIADA Policy Day Oct 13th

Join the NIADA dealer community on Tuesday Oct 13 for the 2020 Policy Conference. Its important for us as dealers to stay engaged and informed on what is happening in D.C.  https://info.niada.com/2020-niada-policy-conference https://info.niada.com/niada-pac

S2 Oct 11, 2020 11 min

#138 - Hot Topics with Luke and Jeff

This week Luke & Jeff cover a handful of hot topics. From 20 groups to virtual convention to all electric bhph fleets. Hope you enjoy! Thank you for listening we hope you learned something new. Let us know what you think. www.theindependentdealer.com Please subscribe, leave us a review and share with a friend. Connect with us online: https://www.facebook.com/groups/independentautogroup https://www.facebook.com/jlukegodwin https://www.facebook.com/sendtojeffw Listen to all our episodes on Anchor: https://anchor.fm/theindependentdealer Used car dealer, Independent dealer, automotive, car sales, entrepreneur

S2E138 Oct 08, 2020 39 min

#137 - The Age of Change with Peter Kelly

President of KAR Global, Peter Kelly tells us how to "Win In The Age Of Change". We cover topics like digital auctions, wholesale levels, and how to use data to be a better dealer.  Thank you for listening we hope you learned something new. Let us know what you think. www.theindependentdealer.com Please subscribe, leave us a review and share with a friend. Connect with us online: https://www.facebook.com/groups/independentautogroup https://www.facebook.com/jlukegodwin https://www.facebook.com/sendtojeffw Listen to all our episodes on Anchor: https://anchor.fm/theindependentdealer Used car dealer, Independent dealer, automotive, car sales, entrepreneur

S2E137 Oct 01, 2020 33 min

#136 - BHPH 101 with Luke & Jeff

So you want to try some in-house financing? Tote the note on a couple sleighs. We share with you our top 5 tips for getting into the BHPH/LHPH business.  Thank you for listening we hope you learned something new. Let us know what you think. www.theindependentdealer.com Please subscribe, leave us a review and share with a friend. Connect with us online: https://www.facebook.com/groups/independentautogroup https://www.facebook.com/jlukegodwin https://www.facebook.com/sendtojeffw Listen to all our episodes on Anchor: https://anchor.fm/theindependentdealer Used car dealer, Independent dealer, automotive, car sales, entrepreneur

S2E136 Sep 24, 2020 27 min

#135 - Profit Through Reinsurance with Taylor Byrd

Your reinsurance company can be a huge wealth builder and wealth preserver. Taylor shares with us the products and sales tips to maximize your dealer owned reinsurance company. Thank you for listening we hope you learned something new. Let us know what you think. www.theindependentdealer.com Please subscribe, leave us a review and share with a friend. Connect with us online: https://www.facebook.com/groups/independentautogroup https://www.facebook.com/jlukegodwin https://www.facebook.com/sendtojeffw Listen to all our episodes on Anchor: https://anchor.fm/theindependentdealer Used car dealer, Independent dealer, automotive, car sales, entrepreneur

S2E135 Sep 17, 2020 49 min

#134 - Does Your Insurance Cover Riots with Rich Stazzone

Recent riots and damage to car dealerships got you wondering IF your are covered? Rich Stazzone of Williams & Stazzone Insurance will help us know what to look for in our insurance documents. Also, he shares his top 4 insurance mistakes dealers should avoid. Thank you for listening we hope you learned something new. Let us know what you think. www.theindependentdealer.com Please subscribe, leave us a review and share with a friend. Connect with us online: https://www.facebook.com/groups/independentautogroup https://www.facebook.com/jlukegodwin https://www.facebook.com/sendtojeffw Listen to all our episodes on Anchor: https://anchor.fm/theindependentdealer Used car dealer, Independent dealer, automotive, car sales, entrepreneur

S2E134 Sep 10, 2020 39 min

#133 - Diversity In Your Dealership with Wendy Pisor

Wendy is the owner of Northside Auto in S.C. She built her dealership from the ground up and is proof that females can thrive as an independent dealer. Thank you for listening we hope you learned something new. Let us know what you think. www.theindependentdealer.com Please subscribe, leave us a review and share with a friend. Connect with us online: https://www.facebook.com/groups/independentautogroup https://www.facebook.com/jlukegodwin https://www.facebook.com/sendtojeffw Listen to all our episodes on Anchor: https://anchor.fm/theindependentdealer Used car dealer, Independent dealer, automotive, car sales, entrepreneur

S2E133 Sep 03, 2020 38 min

#132 - The EOS Model with Dan Grosvenor

Dan educates us on the Entrepreneur Operating System and how he has used it to get a handle on his dealership. Want to scale your business AND keep your sanity? Find and follow a proven system. Thank you for listening we hope you learned something new. Let us know what you think. www.theindependentdealer.com Please subscribe, leave us a review and share with a friend. Connect with us online: https://www.facebook.com/groups/independentautogroup https://www.facebook.com/jlukegodwin https://www.facebook.com/sendtojeffw Listen to all our episodes on Anchor: https://anchor.fm/theindependentdealer

S2E132 Aug 27, 2020 40 min

#131 - Motivating Sales with Marshall Zoerner

Marshall from Freeman Motor Co joins us again to talk employee training and motivating in these crazy times. As things get back to "normal" we need to remember to get back to the basics. Train, role play, tweak and repeat. Thank you for listening we hope you learned something new. Let us know what you think. www.theindependentdealer.com Please subscribe, leave us a review and share with a friend. Connect with us online: https://www.facebook.com/groups/independentautogroup https://www.facebook.com/jlukegodwin https://www.facebook.com/sendtojeffw Listen to all our episodes on Anchor: https://anchor.fm/theindependentdealer

S2E131 Aug 20, 2020 36 min

#130 -MM - The Difference Between Housekeeping and Trainning Meetings

There are housekeeping meetings and training meetings but dont confuse the two.

S2E136 Aug 17, 2020 3 min

#129 - What's The ROI Of Your Dealership?

Have you ever run the math on the return on investment of your dealerships cash? ROI is one of the most important numbers to know when investing. Take a minute and figure out IF your dealership is a good investment or not. Thank you for listening we hope you learned something new. Let us know what you think. www.theindependentdealer.com Please subscribe, leave us a review and share with a friend. Connect with us online: https://www.facebook.com/groups/independentautogroup https://www.facebook.com/jlukegodwin https://www.facebook.com/sendtojeffw Listen to all our episodes on Anchor: https://anchor.fm/theindependentdealer

S2E129 Aug 13, 2020 31 min