TSLA374.010-4.92%
GM82.1302.61%
F14.4050.135%
RIVN17.180-0.58%
CYD46.1401.35%
HMC28.530-0.03%
TM179.940-0.4%
CVNA62.745-2.835%
PAG214.57019.38%
LAD339.9509.16%
AN205.9707.49%
GPI327.93016.31%
ABG223.3607.25%
SAH100.8803.35%
TSLA374.010-4.92%
GM82.1302.61%
F14.4050.135%
RIVN17.180-0.58%
CYD46.1401.35%
HMC28.530-0.03%
TM179.940-0.4%
CVNA62.745-2.835%
PAG214.57019.38%
LAD339.9509.16%
AN205.9707.49%
GPI327.93016.31%
ABG223.3607.25%
SAH100.8803.35%
TSLA374.010-4.92%
GM82.1302.61%
F14.4050.135%
RIVN17.180-0.58%
CYD46.1401.35%
HMC28.530-0.03%
TM179.940-0.4%
CVNA62.745-2.835%
PAG214.57019.38%
LAD339.9509.16%
AN205.9707.49%
GPI327.93016.31%
ABG223.3607.25%
SAH100.8803.35%

Veteran Trainer Tommy Gibbs on Improving Used-Car Gross Profit

On today’s show, we’re pleased to welcome veteran trainer Tommy Gibbs, President of Tommy Gibbs and Associates, and author of “7 Common Sense Factors to Avoid Being a Stupid Leader.” With a bulk of the vehicle transaction done online, the skill set for salespeople is changing according to Tommy. Salespeople need to understand and embrace technology. However, with the current boom in the used-car market, sales managers also need to create more engagement between their salespeople and the daily inventory updates. This improves the dealers’ turn and gross profit.

“At some point, people are going to want to come back to the showrooms, but I do believe, and we can agree I’m sure on this, that people want less and less interaction with people in the showroom,” says Tommy. “So they want to do more of it, maybe 80 percent of the transaction online.”

Tommy Gibbs and Associates specializes in leadership skills and used vehicle management. Tommy has over 23 years of experience as a new car dealer and he is a former Marine, high school football coach, and NCAA college basketball referee.


Did you enjoy this interview with veteran trainer Tommy Gibbs? Please share your thoughts, comments, or questions regarding this topic with host Jim Fitzpatrick at jfitzpatrick@cbtnews.com.

soundcloudBe sure to follow us on Facebook and Twitter to stay up to date or catch-up on all of our podcasts on demand.

While you’re here, don’t forget to subscribe to our email newsletter for all the latest auto industry news from CBT News.

More from Sales & Marketing
The 3-step habit that could save your next deal

The 3-step habit that could save your next deal

- July 6, 2026
Many deals seem to go well at first, but don't end up going anywhere. Sales Coach Matt Easton, Founder of Easton University, says the problem isn't the pitch, but the...
Fourth of July weekend brings big incentives and offers from automakers

Incentives and offers blast off this Fourth of July holiday weekend

- July 3, 2026
The Fourth of July is a busy time for dealers. The holiday gives shoppers more time to look for their next car. Automakers are hoping to hit mid-year sales. And...
Massachusetts AG warns dealers on hidden doc fees in vehicle advertising

Massachusetts AG warns dealers on hidden doc fees in vehicle advertising

- June 18, 2026
On the Dash: Massachusetts now requires all mandatory fees, including doc fees, to be included in advertised vehicle prices. Separately listing or disclosing doc fees at checkout is considered non-compliant...
SEO is not enough. How GEO is rewriting the rules of automotive search

Dealers must act on GEO now as AI shifts car-buying behavior

- June 1, 2026
Artificial intelligence is changing the way people shop for their next vehicle and that's having a big impact on how dealerships do their marketing. Generative Engine Optimization (GEO) is rewriting...
CBT News
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.