Bud Wolf Chevrolet a goner

January 16, 2008
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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:

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  1. to mention the rest of Molly's experience- she served as Communications Director for the Indianapolis Department of Public Works and also did communications for the state. She's incredibly qualified for this role and has a real love for Indianapolis and Indiana. Best of luck to her!

  2. Shall we not demand the same scrutiny for law schools, med schools, heaven forbid, business schools, etc.? How many law school grads are servers? How many business start ups fail and how many business grads get low paying jobs because there are so few high paying positions available? Why does our legislature continue to demean public schools and give taxpayer dollars to charters and private schools, ($171 million last year), rather than investing in our community schools? We are on a course of disaster regarding our public school attitudes unless we change our thinking in a short time.

  3. I agree with the other reader's comment about the chunky tomato soup. I found myself wanting a breadstick to dip into it. It tasted more like a marinara sauce; I couldn't eat it as a soup. In general, I liked the place... but doubt that I'll frequent it once the novelty wears off.

  4. The Indiana toll road used to have some of the cleanest bathrooms you could find on the road. After the lease they went downhill quickly. While not the grossest you'll see, they hover a bit below average. Am not sure if this is indicative of the entire deal or merely a portion of it. But the goals of anyone taking over the lease will always be at odds. The fewer repairs they make, the more money they earn since they have a virtual monopoly on travel from Cleveland to Chicago. So they only comply to satisfy the rules. It's hard to hand public works over to private enterprise. The incentives are misaligned. In true competition, you'd have multiple roads, each build by different companies motivated to make theirs more attractive. Working to attract customers is very different than working to maximize profit on people who have no choice but to choose your road. Of course, we all know two roads would be even more ridiculous.

  5. The State is in a perfect position. The consortium overpaid for leasing the toll road. Good for the State. The money they paid is being used across the State to upgrade roads and bridges and employ people at at time most of the country is scrambling to fund basic repairs. Good for the State. Indiana taxpayers are no longer subsidizing the toll roads to the tune of millions a year as we had for the last 20 years because the legislature did not have the guts to raise tolls. Good for the State. If the consortium fails, they either find another operator, acceptable to the State, to buy them out or the road gets turned back over to the State and we keep the Billions. Good for the State. Pat Bauer is no longer the Majority or Minority Leader of the House. Good for the State. Anyway you look at this, the State received billions of dollars for an assett the taxpayers were subsidizing, the State does not have to pay to maintain the road for 70 years. I am having trouble seeing the downside.