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Making Millions in the Luxury Car Dealership Business | Car Dealership Guy Podcast

In this episode of the Car Dealership Guy podcast, I'm speaking with CJ Wilson, Owner and General Manager of Porsche Fresno where we discuss his career as an MLB All-Star pitcher, Racing Miatas with Jimmy John (yes, that Jimmy John), How he acquired his first dealership from the fallout of a divorce, Selling cars for Bitcoin in 2023, and his highs and lows in the luxury car dealership business.

This episode is brought to you by:

AutoFi - AutoFi empowers your team with digital retail technology that accelerates the sale. Learn more @ https://www.autofi.com/cdg/

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Topics:
00:00:00 - Intro
00:02:37 - Bitcoin
00:06:32 - CJ’s career from pro baseball to auto
00:14:21 - Experiences running a dealership
00:18:34 - Mistakes made along the way
00:22:13 - Buying a McClaren store for $700k
00:26:01 - Building a financial literacy skill
00:29:19 - Key lessons learned running a dealership
00:38:47 - Setting store goals
00:40:33 - Billionaire aspirations
00:48:29- The real estate side of dealerships
00:52:54 - Sales revenues, scale, and leadership philosophies
01:04:13 - Wealth
01:06:12 - Hottest and coldest cars in the luxury market right now
01:11:05 - What are your thoughts on the economy?
01:18:25 - 5-year prediction for the luxury market

Check out Porsche Fresno here: https://www.porschefresno.com/

Check out the website for more (https://dealershipguy.com) and follow me on X @GuyDealership! (https://x.com/guydealership)

This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions.