The Independent Dealer Podcast

Jeff Watson & Luke Godwin
  • 4.9 (96)
  • Automotive
  • Updated Weekly

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"

  1. 1d ago

    #445 - I Lost My Mojo: A Dealer's Honest Take On a Brutal Year

    In this episode of the Independent Dealer Podcast, Jeff Watson and Luke Godwin check back in with Nick Markosian of Markosian Auto — a multi-location buy here pay here operator, NIADA board member, and one of the most candid voices in the independent dealer space — for a wide-ranging conversation about what the last 18 months have actually looked like. Nick doesn't sugarcoat it. Lost his mojo. A three-year lawsuit draining resources. Closing a remote location. A portfolio that's been shrinking on purpose. And an honest take on what survival looks like in one of the toughest business cycles the industry has seen in years. What You'll Learn: -Why Nick is closing his Logan, Utah location — and the honest answer to what makes remote locations so hard to run when resources are already stretched thin -How a three-year lawsuit funded by private equity nearly derailed his business — and what every dealer needs to know about litigation being used as a weapon against small operators -Why Nick paid down seven million dollars in debt over the last two years instead of chasing growth — and why he thinks that discipline is exactly what will position him to win when the cycle turns -How Nick's collections manager built a door-knocking campaign and a late fee waiver text that pulled in thousands of dollars from 30-plus-day accounts — and what scrappy collections actually looks like at a portfolio under pressure -Why subprime lenders are buying as deep as ever despite rising delinquencies — and how that is pulling customers away from buy here pay here at a rate most dealers are not ready to admit -Why Nick believes AI is finally a legitimate lead management tool — and what he learned from a Copart AI phone call that changed the way he thinks about using it in collections and BDC -Why every independent dealer who plans to be in the industry five years from now needs to show up to the NIADA DC Policy Conference — and what it actually looks like when dealers walk into a senator's office and tell their story If you are a buy here pay here dealer going through a hard season right now — watching your portfolio shrink, questioning your decisions, wondering when the cycle turns — Nick's conversation is the most honest one you are going to find about what it looks like to weather it with your business and your sanity intact. Support the businesses that support the podcast: Buckeye Risk Services - Reinsurance and wealth strategies for independent dealers. https://theindependentdealer.com/buckeye Blytz - BHPH payment processing with fast funding and text-to-pay.  https://theindependentdealer.com/blytzpay Ituran GPS - Asset protection and customer management for BHPH and retail dealers. https://theindependentdealer.com/ituran Follow & Connect:  Website: www.theindependentdealer.com  Facebook Group: @independentautogroup  Luke Godwin: @lukegodwin  Jeff Watson: /sendtojeffw Like, subscribe, and share this with a dealer who needs to hear it.

    #445 - I Lost My Mojo: A Dealer's Honest Take On a Brutal Year

  2. 4d ago

    #33 - Monday Minute | Nobody's Responsible When Everyone Is

    Welcome to the Monday Minute – your weekly reset to lead better, think clearer, and build your independent dealership with intention. Sponsored by Auto Analytix. If you walked into your dealership today and asked every single employee the same question – what are you responsible for – would you get the same answer from everyone? Or would you hear a lot of it depends, is it a Monday, is so-and-so here? That confusion is not a people problem. It is a clarity problem. And confusion is expensive. In this episode, Jeff and Luke pick up where delegation left off and get into the role clarity and accountability conversation that most independent dealers avoid until something breaks. Jeff makes the case that dealerships built on hustle – where everyone jumps in, everyone pitches in, and everyone does whatever needs doing – eventually hit a ceiling because when everyone is responsible, nobody is responsible. The lot tech stops doing his job because he knows the manager will do it. The manager is doing ten-dollar-an-hour work because nobody ever defined where his job ends and someone else's begins. Every employee needs to know exactly what they own, what success looks like in their lane, who they report to, and what decisions they can make without asking for permission. That last one is the one most dealers never get to – and it is exactly where ownership and confidence in your team gets built or lost. Luke adds the structure that turns intention into execution: written job descriptions, a real org chart, quarterly reviews, and sitting down with each person to explain not just what they are responsible for but why it matters to the bigger mission. Your assignment this week: list every role in your dealership and write or update the job description for each one. Do not try to do them all at once – one or two this week is fine, just get started. Clearly define decision-making authority for each role and build an org chart that shows who reports to whom. Then sit down with your team, review their roles, and explain what success actually looks like in their position. Put a recurring calendar reminder every quarter to go back and revise them as the dealership grows and responsibilities shift. Clarity creates accountability. Accountability builds trust. And trust is what great dealerships are actually built on. Review this week's Sunday newsletter at TheIndependentDealer.com for the full theme and exercises. Not subscribed yet? Sign up now. https://theindependentdealer.us19.list-manage.com/subscribe?u=603446580871d8522a454418d&id=50aae74348 Let's build this together.

    #33 - Monday Minute | Nobody's Responsible When Everyone Is

  3. Aug 13

    #444 - Growing Pains: A BHPH Dealer's Year of Remodels, New Systems, and Real Growth

    In this episode of the Independent Dealer Podcast, Jeff Watson and Luke Godwin check in with Garrett Jones of Ella Boulevard Motors in Houston, Texas — a second-generation dealer who took over a 1940s gas station doing 8 to 10 cars a month and has quietly grown it to 300-plus accounts while navigating a DMS switch, a new payment processor, a building remodel, a reinsurance upgrade, and an RFC — all in roughly the same 18-month window. This is what growing pains actually look like when a dealer is doing it right. What You'll Learn: Why Garrett switched from a Texas-based DMS he'd used for years to Automasters — and what finally pushed him over the edge after fighting the decision for monthsHow a $15,000 exterior remodel on a 1940s inner-city Houston gas station changed the way customers showed up — and why BHPH buyers care more about a clean, welcoming lot than most dealers thinkWhy Garrett launched an RFC despite Luke telling him not to — and the honest conversation about when kicking the tax can down the road makes sense and when it doesn'tHow Garrett manages a 15 to 18 percent leverage ratio on a real estate-backed line of credit — and why the type of line you have completely changes how aggressively you should use itWhy Garrett keeps his ACV under $6,500, targets Toyotas, Hondas, and Fords at 130,000 miles, and averages $1,900 to $2,000 in down payments — and why discipline on those numbers is what funds the reinsurance accountThe threshold Luke says every buy here pay here dealer needs to hit before they stop owning a job and start owning a business — and why 40 to 50 sales a month or 500 accounts is the number that changes everythingWhy Garrett went from a 3-and-3 warranty to a 6-and-6 — and the honest debate about whether a 12-and-12 or 24-and-24 makes sense when your ACV is under $6,000 If you are a buy here pay here dealer in the thick of modernizing your operation — new systems, new vendors, new growth targets, and not enough cash flow to do all of it at once — Garrett's story is the most honest version of what that actually looks like from the inside. Support the businesses that support the podcast: Buckeye Risk Services - Reinsurance and wealth strategies for independent dealers. https://theindependentdealer.com/buckeye Blytz - BHPH payment processing with fast funding and text-to-pay. https://theindependentdealer.com/blytzpay Ituran GPS - Asset protection and customer management for BHPH and retail dealers. https://theindependentdealer.com/ituran Follow & Connect: Website: www.theindependentdealer.com Facebook Group: @independentautogroup Luke Godwin: @lukegodwin Jeff Watson: /sendtojeffw Like, subscribe, and share this with a dealer who needs to hear it.

    #444 - Growing Pains: A BHPH Dealer's Year of Remodels, New Systems, and Real Growth

  4. Aug 10

    #32 - Monday Minute | The Bottleneck in Your Dealership Is Probably You

    Welcome to the Monday Minute – your weekly reset to lead better, think clearer, and build your independent dealership with intention. Sponsored by Auto Analytix. If every decision has to come through you, every approval sits on your desk, and every problem requires your attention – you have not built a business. You have built a job. And no matter how many hours you work, you are never getting more time. The only way out is delegation. Most dealers just do not know what that actually means. In this episode, Jeff and Luke get into the delegation conversation that most independent dealers avoid because they genuinely believe they are the best person for every task in the building. Jeff draws a hard line between dumping work on someone and actually developing people – giving ownership, not just a checklist, and trusting the outcome instead of making every decision a bottleneck. The most successful dealers he knows do not do everything. Some of the best ones cannot even log into their own DMS. What they do is lead the vision, build the culture, make strategic decisions, and protect the financials – and they let everything else run without them. Luke adds the AI layer that changes the math entirely: bank reconciliation, email drafts, job descriptions, training materials, marketing content, data organization – tasks that used to require a person or your own time can now run without either. The question to ask before every decision lands on your desk this week is one line: does this actually need me? Your assignment this week: write down five things you are doing right now that someone else – or something else – could do instead. Pick one recurring responsibility and hand it off today. When you assign it, do not just give the task – explain the purpose and define what success looks like. When an employee walks into your office to hand you a problem that is not yours to solve, hand it back. Then at the end of the week, measure what you got back. Because every hour you spend doing work someone else could do is one less hour you have to actually grow your dealership. Great leaders are not measured by how much they do. They are measured by how much they empower the people around them. Review this week's Sunday newsletter at TheIndependentDealer.com for the full theme and exercises. Not subscribed yet? Sign up now. https://theindependentdealer.us19.list-manage.com/subscribe?u=603446580871d8522a454418d&id=50aae74348 Let's build this together.

    #32 - Monday Minute | The Bottleneck in Your Dealership Is Probably You

  5. Aug 6

    #443 - Stop Selling Cars, Start Selling Credit: The Word Track That Changes Everything

    In this episode of the Independent Dealer Podcast, Jeff Watson and Luke Godwin sit down fresh off TIADA 2026 in Texas to break down one of the most debated topics in the independent dealer world right now — the hybrid model. Should a buy here pay here dealer add retail? Should a retail dealer start carrying in-house notes? Jeff and Luke have both tried it, both lived the consequences, and both have very different takes on which direction is harder, which direction makes more sense, and what it actually takes to do either one without blowing up your operation. What You'll Learn: Why retail dealers are missing 10 to 20 percent of their leads by not offering in-house financing — and the right way to step into buy here pay here without turning it into an afterthought How Luke prices his lot so salespeople instantly know which cars are in-house deals and which are outside finance — without ever having to ask The first question every salesperson should ask every customer who walks on the lot or calls in — and why leading with the car instead of the credit is the single biggest mistake in a hybrid operation Why buy here pay here recon runs $1,600 to $1,800 per car and retail recon runs $600 to $800 — and what that difference tells you about how each model actually works Why Luke went all-in on 100 percent buy here pay here after a year of trying both — and how his portfolio grew immediately once he stopped splitting his focus The subprime lender strategy that lets buy here pay here dealers dip their toes into outside financing without changing their pricing or their inventory mix Why buy here pay here is a collections business disguised as a car business — and what happens to dealers who treat it like sales instead If you are a buy here pay here dealer thinking about adding retail, or a retail dealer thinking about carrying notes — this is the most honest conversation you are going to find about what it actually looks like when you try to do both. Support the businesses that support the podcast: Buckeye Risk Services - Reinsurance and wealth strategies for independent dealers.  https://theindependentdealer.com/buckeye Blytz - BHPH payment processing with fast funding and text-to-pay.  https://theindependentdealer.com/blytzpay Ituran GPS - Asset protection and customer management for BHPH and retail dealers.  https://theindependentdealer.com/ituran Follow & Connect: Website: www.theindependentdealer.com Facebook Group: @independentautogroup Luke Godwin: @lukegodwin Jeff Watson: /sendtojeffw Like, subscribe, and share this with a dealer who needs to hear it.

    #443 - Stop Selling Cars, Start Selling Credit: The Word Track That Changes Everything

  6. Aug 3

    #31 - Monday Minute | Your Best People Aren't Staying for the Paycheck

    Welcome to the Monday Minute – your weekly reset to lead better, think clearer, and build your independent dealership with intention. Sponsored by Auto Analytix. Your best employees could probably make more money somewhere else. Most of them aren't leaving. And if you think that is about the paycheck, you are missing what is actually holding them – and what will eventually lose them if you are not paying attention to it. In this episode, Jeff and Luke get into culture – not the buzzword version written on a wall next to your mission statement, but the real version that gets built one conversation, one decision, and one hire at a time. Jeff makes the case that culture is not your slogan or the animal shelter you sponsor – it is what you actually tolerate, what you celebrate, and how you treat a customer who walks in furious about a blown engine while your whole team is watching to see what you do next. The owner or manager is always setting the tone whether they realize it or not. Luke shares the four core values that run his own dealership – Family, Optimism, Unwavering, Rectify – and why having an acronym your team can actually remember matters more than a framed poster nobody reads. The best cultures are not built in grand gestures. They are built in the small things: catching someone doing something right, a Friday lunch, a Monday morning huddle, a simple tradition that tells your team they are part of something worth showing up for. Your assignment this week: pick three to five core values that actually define your dealership – then live by them, not just frame them. Catch someone doing something right at least three to five times this week and recognize it out loud. Create one simple tradition your team will look forward to. Then ask three employees one question: in one word, how would you describe our culture? Write down what they say. If everyone says the same word, that is your culture. If everyone says something different, you have a problem worth solving – and now you know where to start. Review this week's Sunday newsletter at TheIndependentDealer.com for the full theme and exercises. Not subscribed yet? Sign up now. https://theindependentdealer.us19.list-manage.com/subscribe?u=603446580871d8522a454418d&id=50aae74348 Let's build this together.

    #31 - Monday Minute | Your Best People Aren't Staying for the Paycheck

  7. Jul 30

    #442 - NIADA Expo Vendor Roundup: The Tools Nobody's Talking About Yet

    In this episode of the Independent Dealer Podcast, Jeff Watson and Luke Godwin hit the expo floor at the NIADA 2026 National Convention in Denver, Colorado to introduce independent dealers to vendors they may not know yet – and a couple of product categories the industry has been waiting on longer than it realizes. Four stops, four conversations, zero fluff. Just tools that could actually move the needle on how you appraise, acquire, list, recon, and sell cars in 2026. What You'll Learn: How PAVE uses AI and a smartphone to produce a consistent condition report, damage assessment, and retail listing photos in under two minutes – no photo booth, no manual process, and full integration with your CRM or DMS How CarVid automates your entire Facebook Marketplace operation – posting, reposting, deleting, and responding to buyer inquiries with an AI that dealers say nobody has ever identified as a bot – and how the buying side tool scans new listings every ten minutes so you never miss a street buy Why Accurate OEM remanufactured catalytic converters are a third of the price of new OEM, come with a 12-month 12,000-mile warranty, guaranteed fitment via VIN lookup, and ship two-day to 47 states – and why that solves one of the most expensive and frustrating recon headaches in the independent space How Aviloo's three-minute OBD battery health test is already the standard at auctions across Europe and why it is coming to Mannheim and every major U.S. auction – and why dealers buying EVs today without one are flying blind on a $15,000 to $18,000 risk per unit Why Jeff is scared to test his EV inventory and what Brett at Aviloo said that changed the way he thinks about battery health as a buying and marketing tool – not just a liability How a free battery check event can pull EV owners into your lot, get their car on a hoist, and turn a service visit into a street buy opportunity in one conversation If you are an independent dealer who walked the hall in Denver and missed these booths – or did not make it to NIADA this year – this episode is your shortcut to what was worth stopping for. Support the businesses that support the podcast: Buckeye Risk Services - Reinsurance and wealth strategies for independent dealers. https://theindependentdealer.com/buckeye Blytz - BHPH payment processing with fast funding and text-to-pay. https://theindependentdealer.com/blytzpay Ituran GPS - Asset protection and customer management for BHPH and retail dealers. https://theindependentdealer.com/ituran Follow & Connect: Website: www.theindependentdealer.com Facebook Group: @independentautogroup Luke Godwin: @lukegodwin Jeff Watson: /sendtojeffw Like, subscribe, and share this with a dealer who needs to hear it.

    #442 - NIADA Expo Vendor Roundup: The Tools Nobody's Talking About Yet

  8. Jul 27

    #30 - Monday Minute | If You Could Only Track 5 Numbers, What Would They Be?

    Welcome to the Monday Minute – your weekly reset to lead better, think clearer, and build your independent dealership with intention.If your phone turned on for five seconds once a week and you could only receive five numbers from your dealership, what would they be? Not a 20-page report. Not a dashboard full of metrics nobody reads. Just five numbers that tell you whether your business is healthy or bleeding. Most dealers cannot answer that question – and that is exactly the problem.In this episode, Jeff and Luke break down KPIs the way they present them at convention: not as a reporting exercise, but as a focus system for your entire team. Jeff makes the case that the problem is not that dealers lack data – it is that they have too much of it, and they try to push all of it down to employees who only need to know what winning looks like in their lane. A salesperson does not need 30 metrics. They need a scoreboard. A collections team does not need a monthly composite. They need a number to chase every single week. Luke brings it back to the sports analogy that cuts through every time – the scoreboard does not track everything, it tracks the things that determine whether you win or lose. Your dealership is no different. The right KPIs depend on your model and your goals, but the principle is universal: what gets measured gets managed, and what gets discussed gets improved. Gut instinct might help you buy a car, but it does not build a repeatable, scalable operation.Your assignment this week: build your KPI scoreboard. Start simple – open a Google Sheet and create weekly tracking columns for leads, write-ups, sales, inventory count, and average days in inventory. Review it every single week and watch for trends. Over time you will learn which numbers actually move the needle and which ones are just noise. Remove the ones that do not matter, add better ones, and keep tightening until you have a short list of factors that truly control your dealership. That is where your focus goes. Auto Analytics can build these scoreboards for you if you want to skip the setup – but start somewhere. The dealers who win are not managing by feeling. They are managing by facts.Review this week's Sunday newsletter at TheIndependentDealer.com for the full theme and exercises.Not subscribed yet? Sign up now.https://theindependentdealer.us19.list-manage.com/subscribe?u=603446580871d8522a454418d&id=50aae74348Let's build this together.

    #30 - Monday Minute | If You Could Only Track 5 Numbers, What Would They Be?
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About

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"

Information

  • Creator
    Jeff Watson & Luke Godwin
  • Years Active
    2019 - 2026
  • Episodes
    488
  • Rating
    Clean
  • Copyright
    © Jeff Watson & Luke Godwin
  • Show Website
    The Independent Dealer Podcast

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