The Muscle Car Place online podcast episode number 608. This week, Rick Schmidt is here to take on all of the biggest questions of the month, including price gouging on restoration and aftermarket parts. That's always a fun one. Obviously, with tariffs still a thing right now, that's a buzz in the history. There's fear across the board about what's going to

happen to all of us. But when it comes to just price gouging, Rick has thoughts on that. He'll share

those. Those prices on websites with a slash of them. They're not always what they might seem.

But NPD's philosophy on the economic cycle is this. Just live debt free, invest in the company first, and if you can take

an upfront deal that's kind of expensive that'll set you and your customers up for stability

in the long run, take it. Well, I have offers to buy from manufacturers and distributors

heavily discounted off of what our normal best price would be because we're buying a lot of it in bulk.

We take those every time we can't.

It costs up front and you've got to have the cash to pay the bill.

But then for the next year or two, you are floating on a cloud because your cost basis for all that merchandise from that supplier is 10 or 20, 25% less.

This is the Muscle Car Place online podcast, brought you by National Parks Depot.

This is the weekly show dedicated to people worldwide who love American muscle cars.

If you're buying, selling, restoring, even racing them, this is the place for you.

Now here's your host, Rob Kibby. Yes, indeed. I am Rob Kibby and welcome to the Muscle Car Place

podcast. Well, here we are, everybody. Happy May, May 2025.

Rick is here to tackle price gouging. What a good time. It's a real pet peeve of this because it has stood this test of time since the dawn of the internet.

But it's the daily cyclical online pricing changes that you see out there.

And he's going to talk about that.

But then we'll really get into how he at least likes to write out these economic cycles

and automotive investing, not only for fun, but as an ROI, he really does believe there's

value in that.

Yes, there's a lot of ways to invest in

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