Jeff Cauley got plenty of advice last year after his Chevrolet franchise in the affluent Detroit suburb of West Bloomfield, Mich., was terminated.
"I had so many people say, 'Why didn't you go after a Hyundai franchise? Why didn't you look at Kia?'" Cauley says. "Well, I don't want to sell Hyundais or Kias. I really don't. Life is short. And usually when you do things that you enjoy and you are good at it, it ends up working out."
What Cauley, 50, is good at -- and what he loves -- is selling performance cars. Cauley Chevrolet was one of the top Corvette dealers in the country, consistently ranking in the top 1 percent of all Chevrolet dealers in that category.
So what to do after Chevy?
Cauley has converted the Chevy dealership into a used-car store, but it's one that specializes in high-performance models, along with what he calls "specialty vehicles" -- namely, Jeeps, all-wheel-drive Cadillacs and some luxury sedans.
Meanwhile, Cauley remains one of only 35 Ferrari dealers in the country, selling the supercars from a modern building that showcases new and used models. Across a wide driveway from the Ferrari dealership is the former Chevrolet store. In the old days, it was known in the area for the array of new Corvettes parked out front.