Michael Thomas: Building a multi-million dollar car wholesale business

On this episode of Autosure Presents, I explore the journey from Sydney’s auto auctions to running a thriving wholesale and retail car business across Australia.

You’ll hear insider strategies on spotting profitable cars, building dealer networks, and handling the risks of wholesaling. The conversation also covers the used car market, east vs. west coast pricing, and the impact of interest rates, real estate, and EV adoption on dealerships today.

We also dive into mentorship, resilience, and the sacrifices needed to succeed, with practical advice for anyone starting out in the automotive industry.

If you’re in car sales, dealerships, or just curious about how Australia’s car market really works, this episode delivers raw stories and strategies you won’t hear anywhere else.

🎧 Listen now on Spotify, Apple Podcasts & all major platforms.