My Thoughts on the Coronavirus and Business

I posted an ad offering to pick up people's cars so they do not have to leave the house and suggested it is a great opportunity to get that service done while they are self quarantined. We shall see if it generates anything.

I'm sending my two employees home today, and will do my best to keep them paid. My family and I live in the same building the shop is in, and so in order to keep them and us safe, we have decided to take a couple weeks off kinda. I'll still work and try to keep enough cash flow to not close my doors permanently. I to am concerned for my customers vehicles and their needs, but for time being, I'll have to do what I'm able to do without my help. 

@Hands On Has offering this service helped generate business?  

Interesting that no one has brought up the subject of parts availability. It wouldn't surprise me a bit if we start seeing spot shortages of parts in a matter of days, not weeks, and I fully anticipate that if we "flipped the switch" tomorrow and informed the world that it was okay to come out and play, that it would take many, many months for repair parts and tire inventory to return to normal. I'm anticipating a storage lot FULL of vehicles awaiting alternators, tensioners, water pumps, front end and brake components, PCM's, you name it. We don't make anything here anymore in our beloved country. We sold our soul to the devil years ago and now we are going to reap the "rewards". Too bad we have helped develop the economies of our adversaries on the other side of the world rather than our struggling neighbors here in our own hemisphere. You know, the hard working people who share our values (or what USED to be our values--hard work, sacrifice, providing a better future for our children, etc.), worship the same God, and speak the same language? Alright, alright, at least it's Latin based but you take my point. Forgive my rant, I'm just afraid of the debt TSUNAMI that is headed our way and the way in which those who wish us ill are going to take advantage of our greed and short-sightedness. Hold onto your butts, it's going to be a bumpy ride. Just my dos centavos worth.

On 3/30/2020 at 9:31 AM, moyersauto said:

@Hands On Has offering this service helped generate business?  

I got a few responses but nothing overwhelming.  FNGJWS I do wonder if the parts are going to stop rolling. I know the dealers around me let go of every single car salesman, and half their service center staff, half or more of the parts staff.

I think we can COUNT on it (parts shortages). Oh, that and higher prices. Having said that, I believe we'll be well positioned as an industry because as the government slows down the printing presses, people will fix up 'Ol Betsy rather than buy a new car they can't afford. Debt is dumb and cash is king but anyway you slice it, it's a house of cards.