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we DID ITπŸš™ i dont really like dealers?

⏱️ 29:03 🎀 Tony Rudolph
AUDIO EPISODE
we DID ITπŸš™ i dont really like dealers?
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Chapters

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  • 0:00
    Dealing with Life's Demands
    Tony explains the reasons for his podcasting hiatus, including a personal truck project and the demanding summer season for his lawn care business.
  • 2:58
    Selling a Car on Marketplace
    Tony recounts the difficulties and time-consuming process of selling his Tahoe on Facebook Marketplace, dealing with numerous tire-kickers before finally closing the sale.
  • 5:07
    Frustrations with Car Dealers
    He details the exasperating experience of contacting over 30 dealerships across multiple states in search of a new family vehicle, highlighting their sales tactics and poor customer service.
  • 7:52
    Buying a Honda Odyssey Elite
    Tony reveals the family's new purchase, a Honda Odyssey Elite, and his plans to install a trailer hitch to use it as a backup vehicle for his lawn care business.
  • 11:58
    Ongoing Vehicle Maintenance
    He discusses the unglamorous but necessary maintenance needed on the new minivan, such as transmission service and timing belt replacement, which were not evident on the Carfax report.
  • 15:30
    Financial Strategy and Vehicle Longevity
    Tony emphasizes his philosophy of maintaining older vehicles to avoid new car payments and save money for retirement, even when faced with significant repairs like AC issues or engine replacements.
  • 18:53
    Balancing Work and Family
    He reflects on the intense week of juggling vehicle transactions, family needs, and a busy lawn care schedule, all while trying to maintain his podcasting goals.

Speakers

T
Tony Rudolph
Host

Key Takeaways

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Prioritize vehicle maintenance to extend lifespan and save money, rather than constantly buying new, which incurs higher taxes and depreciation.

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Be prepared for the time-consuming and often frustrating process of buying and selling used vehicles, especially when dealing with dealerships or online marketplaces.

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Leverage online resources like Auto Tempest to efficiently search for vehicles across multiple platforms and expand your options beyond local listings.

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Always perform your due diligence on used vehicle purchases, including reviewing service records (like Carfax) and physically inspecting the vehicle with a scan tool, even for seemingly clean cars.

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Consider the potential for dual-purpose vehicles, like using a family minivan with a tow hitch as a backup for business operations, to maximize utility and minimize overhead.

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Account for additional costs beyond the purchase price, such as 'Ad Valorem' taxes, necessary post-purchase maintenance, and potential repairs when budgeting for a used vehicle.

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Develop a long-term financial strategy around vehicle ownership, recognizing that investing in repairs for an existing vehicle is often more cost-effective than buying a new one, especially when factoring in tax write-offs for business use.

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