Jeff Mantz came into the automotive world through a career in accounting. When he was offered the opportunity to manage the financials at Garnet Auto Group, he said —

“I will, but I want the opportunity not just to do the accounting, not just to do the financials, but I want to get involved. I want to learn the business. I want to understand how everything works.”

On this episode, Jeff discusses what he’s learned about dealership financials during his time as CFO at Garnet, including many key lessons that have come out of the pandemic.

Oh and by the way, Derek D and Jeff Mantz are best friends from college. During their conversation, we get to hear some stories about their friendship, Jeff's father, and the cars they used to drive in.

Interview Highlights:

• Insights on how to turn the best profit on used cars
• The toughest challenges Jeff has faced as CFO during the pandemic
• The two competing thought processes about the future of the automotive industry

Episode Quote:

“That’s one thing about this industry. It’s been tested every way to Sunday. It’s resilient. It’s gonna bounce back . . . People need cars and they always will.”

—Jeffrey Mantz

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