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Trading Secrets

The Car Mom to the rescue! Kelly Stumpe reveals the secrets to buying, leasing, trading and financing your next car! The car industry unlocked!

Trading Secrets

Audioboom Studios

News, Business News, Business, Entrepreneurship, Education, Self-improvement

55.5K Ratings

🗓️ 24 July 2023

⏱️ 65 minutes

🧾️ Download transcript

Summary

This week, Jason is joined by social media personality, automotive expert and working mom of three, Kelly Stumpe aka the Car Mom! Kelly spent her entire life growing up in the dealership business and started her career off by selling BMW vehicles. After establishing early career success, Kelly began to think about ways to expand her experience to a larger audience and in 2020, she began blogging and advising everyday moms about the car buying process. She now has a new platform called The Car Mom.

Kelly gives insight to her passion for selling cars, what makes selling cars so different from other sales jobs, how car sales is different from real estate when it comes to commission, what consumers should be aware of when talking to the finance and insurance manager, and her concern over how slim used cars are going to be over the last few years. Kelly also reveals her best estimations for the minimums and maximum for different roles in a car dealership, the most surprising selling tactics, what stickers to look out for, the difference between a manufacturer’s rebate and a dealership discount, what goes into buying out a lease, and when you car takes huge depreciation hits. Which role is the toughest in a dealership? What is an extended maintenance package? What is the worst car buying advice she has ever heard? When is the best time to go to the dealership to buy a car? Is it best to buy new, lease new, or buy used? Kelly reveals all that and so much more in another episode you can’t afford to miss!

Host: Jason Tartick
Co-Host: David Arduin
Audio: Declan O’Connell
Guest: Kelly Stumpe aka The Car Mom

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Transcript

Click on a timestamp to play from that location

0:00.0

Welcome back to another episode of Trading Secrets on your host Jason Tartik and welcome

0:18.1

to the pre-marked Trading segment.

0:20.8

Our guest this week is one that is going to blow your mind.

0:24.4

Her name is Kelly Stumpy.

0:26.0

On social media, she's known as the Car Mom.

0:28.3

Her family has been in the car business for generations and generations, but she is

0:32.9

bringing all the secrets, all the gossip, all the tricks and tips we need to know about

0:37.7

the car industry to the consumer.

0:40.9

The things that she shares in this episode about the things that are happening behind the

0:45.4

scenes to get us spending more and having our trade-ins valued at less.

0:51.0

There is so much information in this episode you might honestly need to know Pat, but we

0:55.4

talk all things cars from buying from the makes and models that are good for families

1:00.7

or based on what your situation is.

1:02.8

All the way to what each person in a car dealership makes and we actually start out with that.

1:09.5

So, the car mom is our guest.

1:11.8

You are going to absolutely love her if you don't already know her.

1:15.2

One thing I got to talk about, I want to make this intro short because it is a good

1:18.3

episode, but this whole Barbie movie.

1:21.4

I mean, this is crazy.

1:23.6

If you've seen their marketing and how much they have spent, you know they have put in

1:27.6

some serious dollars into this Barbie reboot.

1:30.7

There was a production cost of $145 million just for this movie and then there was a massive

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