Broadcasts.com - "GHIT 0183: Racing 101 Part 4: Buying and Selling a Race Car or a Soon to be Race Car" (Garage Heroes In Training)

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GHIT 0183: Racing 101 Part 4: Buying and Selling a Race Car or a Soon to be Race Car

Published: March 12, 2021, 8:30 a.m.

We are getting back to our podcast roots and wanted to start a special series Vicki calls \u201cSo You Wanna Racecar\u201d that Bill can\u2019t seem to say correctly.\xa0 This is part 4 of the series (of ~10). On this episode, we try to summarize the process involved with finding and buying a \u201cnew to you\u201d car, or for those with a problem (Like Bill) how to best prepare to sell your car.\xa0 Lara Vernon is on as our guest for a second time and is involved with buying and selling cars in her real life where she owns a boutique exotic car dealership called \u201cRare Exotic Vehicles\u201d in Asheville NC that deals with very cool vintage cars and hot rods from the 1930\u2019s on.\xa0 The discussion deals with all types of cars, from a daily driver to a race car to a future race car to a parts car for the race car.\xa0 Lara\u2019s advice will save you time and money and get you further towards your goal.\xa0 You may even find that flipping cars or parting out cars can help support your racing.\xa0 This is one of the rare cases where the magician gives away a few of the secrets.

Please let us know if we missed anything that you may want discussed in a future episode of our Racing 101 Series.\xa0

The outline for the series is:

Part 1:\xa0 Building Your First Racecar (and options to not)

Part 2:\xa0 Safety and Safety Related Equipment Needed

Part 3:\xa0 Best Entry Points To Start Performance Driving

Part 4:\xa0 Buying and Selling Cars (With Special Guest Lara Vernon)

Part 5:\xa0 Going To and From The Event/Track \u2013 What To Expect

Part 6:\xa0 Paddock and Pit \u2013 Best Practices

Part 7:\xa0 Perspective of a New Driver (With Guest Adam Owens)

Part 8:\xa0 Tools, Spares, Supplies Needed for a Race Weekend

Part 9:\xa0 Common Issues All Drivers Will/May Experience in When On Track For the First Time

Part 10:\xa0 Miscellaneous Topics (& Things We Forget to Mention Earlier)

On this episode of Dominating with Dawson we go into how high performance driving education (HPDE) helps everyone on public roads, whether you have driven for decades or even if you are a new or soon to be new driver.\xa0 It helps in all areas including the use of controls within the car as well as increasing the ability for the driver to anticipate and read the road and other drivers.\xa0 We know of nothing that can be more effective in improving your driving as well as reducing the likelihood of an incident on public roads and everyday driving situations.\xa0 Our three hosts all agree but each has a different number one improvement area that they feel has been improved through our driving education events and driving on track.\xa0 We then wander into the relative safety of being on a track vs off track/on public roads.\xa0 For those keeping score at home, the track is way safer than driving on public streets, even if you don\u2019t count the safety equipment improvements involved with a prepared race car.

You can subscribe to our podcast on the podcast provider of your choice, including the Apple podcast app, Google music, Amazon, and YouTube etc.\xa0

Also, if you could give our podcast a (5-star?) rating or even better, a podcast review, we would greatly appreciate it and it would help us to grow the passion and sport of high performance driving.

For instance, leaving an Apple Podcast rating\xa0is very easy.\xa0 If you go to your podcast library, under shows and click on the podcast you can leave a (5?) star rating and enter your review.\xa0

A link to the episode is:\xa0 https://tinyurl.com/Racing101Part-2

We hope you enjoy this episode!

PS\xa0 Please don\u2019t forget that if you are looking to add an Apex Pro to your driving telemetry system, don\u2019t forget to use our discount code for all Apex Pro systems you will receive a free Windshield Suction Cup Mount for the system, a savings of $40.\xa0 Just enter the code \u201cghitlikesapex!\u201d\xa0when you order.\xa0 We have two systems for our team and Bill is looking to add a third for this season, pending CFO approval from Vicki.\xa0 They are a great system and truly invaluable in safely increasing your speed on track and/or autocross etc.

Best regards,

Vicki, Jennifer, Alan, and Bill

Hosts of the Garage Heroes In Training Podcast and Garage Heroes In Training racing team drivers

Highlights from this episode include:

1)\xa0 We start off with a review of Lara\u2019s recent win with her team on the 24 Hours of Daytona on iRacing where she will be getting her iRolex.

2)\xa0 Critical aspects of the car searching process, what to avoid, what to look for, and how to look for things that will indicate a well taken care of car.\xa0

3)\xa0 How the discussion of the car can lead to even better deals, both on the phone and eventually in person when possible.

4)\xa0 Several of her favorite sites to look for cars online.\xa0 Bill shares the Auto Tempest addiction and has a large set of open searches that he is always looking at, much to the irritation of Vicki.

5)\xa0 Two words to try to avoid in most cases are accident and rust without a lot of further detail and investigation, rust being at the top of the list.

6)\xa0 Lara also goes into the current market pricing and demand that she is seeing and how things are changing, even during our current COVID situation.\xa0 It seems to be a seller\u2019s market currently.

7)\xa0 We also cover the transaction from the perspective of the seller.\xa0 Yes Bill, you can sell cars as well.\xa0 Try it.\xa0 You might make Vicki happier.

8)\xa0 Tips on how to inspect a car, what to look for, and where to get background on the particular model. Body, engine, fluids (level and color/smell), paint, with plenty of tips and tricks.\xa0 Note to self:\xa0 Do not let Lara near our race cars, they may not inspect well, lol.

9)\xa0 Somehow, we ended up talking about our award winning race at the 24 Hours of Lemons race in Thompson Connecticut during our second ever race.\xa0 Granted it was the \u201cI Got Screwed Award\u201d, but hey, it is an award, lol.

10)\xa0 We also go into a bit about her iRacing results and what is involved in some of her endurance races.\xa0 Now if we could just get Jen and Vicki to not get motion sickness.

PS If you are preparing to sell a car, another former podcast guest,\xa0 Jim Tramontano from \u201cNo Money Motorsports\u201d, has a great article on things to do or avoid when listing your car to maximize your selling price and minimize the time on the market.\xa0 https://tinyurl.com/SellingRaceCars

(Jim, you are way overdue for another episode)

Lara\u2019s Contact information is:\xa0

Her business is are:\xa0 www.RareExoticVehicles.com

@Lara.is.racing on Instagram

We are getting back to our podcast roots and wanted to start a special series Vicki calls \u201cSo You Wanna Racecar\u201d that Bill can\u2019t seem to say correctly.\xa0 This is part 4 of the series (of ~10). On this episode, we try to summarize the process involved with finding and buying a \u201cnew to you\u201d car, or for those with a problem (Like Bill) how to best prepare to sell your car.\xa0 Lara is on as our guest for a second time and is involved with buying and selling cars in her real life where she owns a boutique exotic car dealership called \u201cRare Exotic Vehicles\u201d in Asheville NC that deals with very cool vintage cars and hot rods from the 1930\u2019s on.\xa0 The discussion deals with all types of cars, from a daily driver to a race car to a future race car to a parts car for the race car.\xa0 Lara\u2019s advice will save you time and money and get you further towards your goal.\xa0 You may even find that flipping cars or parting out cars can help support your racing.\xa0 This is one of the rare cases where the magician gives away a few of the secrets.