Bud Wolf Chevrolet a goner

January 16, 2008
Back to TopCommentsE-mailPrintBookmark and Share
The Wolf family has thrown in the towel on its Chevrolet dealership at 5350 N. Keystone Ave.

One of the owners, Andy Wolf, says the closing was forced because property tax increases shocked customers into pulling back from spending. Another reason is that people still think Detroit puts out bad cars.

However, letâ??s recall that Payton Wells Chevrolet, which was just north of downtown, went out of business a few months earlier, and Eric Dickerson closed his Buick dealership a year earlier. Dickerson was at 7250 N. Keystone several blocks north of Wolf.

Is it coincidence that these three dealerships dealt in General Motors products? Or that they were located in older areas of the city?

Read the story.
  • It seems that the dealerships that have closed were in some of the older parts of Indianapolis. The North Keystone Ave corridor has had several dealerships packing north of the I-465 Loop, unfortunately Bud Wolf Chevrolet's move from Broad Ripple to Keystone Ave may looked good at the time, but the relocation may have been the deciding factor. I can't remeber the last time Bud Wolf Chevrolet did any media advertizing except the billboards. Pedigo, Penske, Hubler & Andy Mohr has a good media exposure, Andy.....we hardly knew ya.
  • I think the Keystone corridor is in flux right now. With the Venu project to the north and the Glendale project at 62nd street, my hope is that the corridor will see new life and new uses for these lots. I think mainly that big car lots have moved out to the burbs. Also, I personally wouldn't buy a GM product and maybe there are many others that feel the same.
  • Having the much larger dealerships just to the north on 96th street combined with the struggles of the Keystone corridor finally caught up with the Bud Wolf dealership. Not sure how long Butler Ford and the Cadillac dealership will survive just to the north.
  • I bought my first car from Bud Wolf Chevrolet's dealership in 1973. I hate to see Andy leave the business. I wish him and the employees the best of luck.
  • Any business inside the 465 loop are in jeopardy. This is due to our governments rediculous views about taxes and security. For starters, any property in a higher than normal crime area in proportion to the balance of the state, should not be subject to any property taxes. Secondly, it's long past the time that U.S. car companies have to compete on a uneven playing field with governments from around the world.
  • It probably has more to do with the national trend to consolidate small dealerships into mega dealerships. It is happening throughout the City. It seems you either go big or go home. Andy Mohr, Hubler, Bill Estes etc..... Have all bought up the small dealers and consolidated them.

    If I am not mistaken, GM is also trying to consolidate stand alone Buick, Pontiac and GMC dealerships.
  • Andy always has some reason why he's not selling cars and it's usually the wrong one. Truth be told, he's not that enthusiastic about the car business. True, his location isn't the greatest, but being a small dealer, he doesn't sell enough cars to be able to afford the tv advertising to compete with Bill Estes, etc.
  • I agree...location, location, location. The money is moving outwards...
  • Cars are commodities and people (like me) can shop on line then buy from the lowest price they find. I have good frirnds who run a dealership here in town, and tried to buy my new Jeep from them. Another dealer killed their price on the exact same vehicle, and they could not match it.

    Commodities are sold cheapest @ volume.

    Also Bud Wolf did ZERO advertising as noted above, so what did they expect?

    Venu? Lmfao. you didn;t sign a lease with them yet, did you? :)
  • Da Hooey,

    You may be speaking too soon on the Venu project. A large amount of bids have been let and have already been seen online. Large orders for HVAC and Air handler units with one particular company. I think its a go.
  • Hope those orders are COD! :wave:

Post a comment to this blog

We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
You are legally responsible for what you post and your anonymity is not guaranteed.
Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in IBJ editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.

Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

Sponsored by