The biggest problem with the used car business?

There are no absolutes.

I constantly get questions that start with “What if…”

You know the ones:

“What if you’ve got a one-year-old truck with 15,000 miles and you over-appraised it and now you’ve got $50,000 in it?”

My answer usually sounds evasive — because it has to be.

There isn’t one answer.

My opinion on that unit today might be completely different three days from now. The market changes. The data changes. The buyers change. Every unit is different, and every day is different.

At some point, you have to trust your judgment.

Make a decision.
Execute it.
Move on.

I always tell managers: don’t second-guess yourself — but you should second-educate yourself.

Experience is tuition.
You learn by doing.
You learn by missing.

Make mistakes. Just don’t keep making the same mistakes.

And even when you do miss?

Sell it. Move on. It’s short-term inventory, not a family heirloom.

If you’re chasing perfection in the used car business, you might want to reconsider your career. Nothing here is ever perfect.

Better? Yes.
Perfect? Never.

Get over yourself and get back to work.

When I was growing up, basketball players who took a lot of shots were called gunners. They shot and shot and shot again. They also scored the most — because they weren’t afraid to miss.

A bad night didn’t stop them.
They went back to the gym and shot more the next day.

That’s this business.

Take your shots.
Improve your touch.
Stop searching for absolute answers to “What if.”

Because remember…

What if a bullfrog had wings?

He wouldn’t bump his ass every time he jumped.

That’s all I’m gonna say.

— Tommy Gibbs