Fred Grote, a name widely respected in the automotive world, is the real name behind Grote Automotive. Born in Indiana, his date of birth remains private, but as of 2025, he is 62 years old. Through hard work and smart business moves, he built one of the most trusted car dealerships in the U.S. Fred Grote net worth is now estimated at $8 million, making him a standout figure in the industry.
Fred’s journey wasn’t easy. From small beginnings, he climbed the ladder using honesty, skill, and a clear vision. Today, his name is linked with success in automotive sales, car dealership business, and strong customer service values. People trust his brand because it reflects quality and care. His story inspires many young entrepreneurs across the country. Whether it’s leadership, family values, or financial success, Fred Grote shows what dedication can truly achieve.
Fred Grote Bio/Wiki
| Field | Details |
| Full Name | Fred Grote |
| Profession | Car Dealer, Entrepreneur |
| Known For | Founder of Grote Automotive |
| Fred Grote Net Worth | $8 Million |
| Yearly Income | $400,000 |
| Monthly Income | $38,000 |
| Daily Income | $1,200 |
| Age | 62 Years |
| Spouse | Jackie Grote |
| Industry | Automotive Dealership |
| Company Founded | Grote Automotive |
| Business Website | groteautoelkhart.com |
What is Fred Grote Net Worth ?
Fred Grote net worth is around $8 million in 2025. This impressive figure comes from years of work in the automotive dealership world. He built his success through Grote Automotive, a company he founded and grew with determination. The value reflects not just money but his strong reputation in the car sales business.
His net worth also includes returns from investments, real estate, and long-standing dealership profits. Fred’s consistent income and wise decisions have helped him achieve financial stability. His influence in the used car market has made him a trusted name across Indiana. Over time, he’s built a legacy that blends business success with customer trust and service excellence.
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Fred Grote Yearly, Monthly and Daily Income
Fred Grote earns about $400,000 yearly, which averages to $38,000 per month. That’s a steady income for a business owner in the automotive sales industry. His daily income stands around $1,200, which reflects the consistent performance of his company. These numbers highlight how well he’s maintained profits in a competitive car market.
This income includes profits from car sales, dealership services, and other related operations. Fred’s strong customer base and smart leadership help him stay financially successful. He built his dealership to last, and it pays off every single day. This kind of financial output proves his business knowledge and his ability to handle dealership operations efficiently.
What is The Grote Automotive Net Worth?
In 2025, Grote Automotive’s net worth stands at around $30 million. That’s a big increase from earlier years. In 2022, the company was worth $21.5 million. By 2023, it climbed to $25 million. This steady growth proves the company is doing well and adapting to trends in the automotive dealership business.
The company’s value comes from high customer trust, loyal staff, and smart tech adoption. Grote Automotive’s leadership focuses on providing top service while using tools like virtual showrooms. Their success is backed by repeat buyers and community support. It’s not just a business, it’s a reliable name in the car dealership world.
Professional Life: Building an Automotive Empire
Fred Grote’s professional journey started with a small dealership and big dreams. He worked hard and stayed focused on growth. Today, he’s seen as a leader in the car sales industry. His success came from staying honest, building trust, and understanding what his customers want from a car buying experience.
He created a place where people feel valued. That’s why his business keeps growing. He introduced changes like virtual showrooms and strong customer support. Fred’s work style mixes tradition with new ideas. That balance is what makes Grote Automotive more than just a dealership. It’s a respected part of the community.
Early Years and Family Foundations
Fred Grote was raised in Indiana in a hardworking family. From a young age, he showed interest in cars and how they work. His family taught him to value honesty and effort. That upbringing shaped the values he would later use in his car dealership career. He learned that success starts with strong roots.
Even as a child, Fred helped neighbors fix cars or watched his father tinker in the garage. These early lessons stuck with him. They taught him to stay grounded no matter how much he grew. Family was always at the center of his life. Those values helped him become a trusted name in automotive retail.
The Pillar of Strength: Fred Grote’s Wife, Jackie Grote
Behind Fred Grote’s success is his wife, Jackie Grote, who has been his steady support for years. She stood by him during both hard times and achievements. Their marriage is based on trust, love, and shared goals. Jackie helped Fred stay grounded even when the business was growing fast and challenges came up.
Fred often says Jackie’s support helped him stay focused. Her encouragement pushed him to take risks and believe in his dream. They work as a team, even if Jackie stays out of the spotlight. Her role may be quiet, but it’s powerful. Together, they’ve built both a strong family and a lasting business legacy.
Educational Background and Early Ambitions
Fred Grote did well in school and later graduated from a respected university. He always had a love for cars and wanted to turn that into a business. His education gave him the tools he needed. During college, he got involved in business projects and car shows. That’s where his real interest in auto sales grew.
His teachers admired his dedication and ideas. Fred wasn’t just good at academics. He had leadership skills too. After graduation, he didn’t wait long to chase his dream. He used what he learned to start his dealership. His education wasn’t just a degree. It was the first step toward his automotive career path.
Fred Grote: In the News Spotlight
Fred Grote has been in the spotlight many times for his innovation and leadership. In 2022, he was featured in “Automotive Innovators” for launching virtual showrooms. This move helped bring a modern touch to a traditional business. It made buying cars easier for customers and showed Fred’s smart use of technology.
In 2023, he won the Community Leader of the Year award from the Chamber of Commerce. That recognized his support for local causes and honest business ethics. He’s also spoken at events for young entrepreneurs. Fred’s name is often linked with new ideas and solid business practices. He’s known as a true auto industry innovator.
Fred Grote Physical Appearance
| Attribute | Details |
| Age | 62 Years |
| Height | 5 feet 8 inches |
| Weight | 75 kilograms |
| Hair Color | Light Brown (graying) |
| Eye Color | Blue |
| Skin Tone | Fair |
Fred Grote Social Profile
| Platform | Username/Handle | Followers |
|---|---|---|
| Grote Mitsubishi | 8.2K |
FAQ’s
Who is Fred Grote?
Fred Grote is a successful American entrepreneur and the founder of Grote Automotive, known for his leadership in the car dealership and automotive sales industry.
What is Fred Grote’s net worth in 2025?
As of 2025, Fred Grote net worth is approximately $8 million, earned through years of success in the automotive dealership business and smart financial decisions.
How old is Fred Grote?
Fred Grote is currently 62 years old. His age reflects both his experience and long-standing dedication to the car sales and dealership industry in the U.S.
Is Fred Grote married?
Yes, Fred Grote is married to Jackie Grote. She has been a vital support system throughout his professional journey, offering encouragement and strength during challenging times.
What company did Fred Grote start?
Fred Grote founded Grote Automotive, a reputable car dealership known for its trustworthy customer service, modern business practices, and strong presence in the automotive market.
Conclusion
Fred Grote’s story is all about hard work and big dreams. He started small but never gave up. Now, he is a successful car dealer in the U.S. His company, Grote Automotive, is trusted by many people. He built it with honesty, care, and smart ideas. Today, Fred Grote net worth is around $8 million, which shows how far he has come.
Fred is not just a businessman. He is also a family man who values people and relationships. His journey in the automotive industry inspires many young business owners. With his passion and strong will, he turned a simple dream into a big success. Fred Grote proves that anyone can achieve great things with hard work and belief. His name will always be linked with trust, growth, and great customer service in the car dealership world.
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