Auto mechanic leaves mortgage business for a happier place
Auto mechanic leaves mortgage business for a happier placeBy BRIAN DUGGAN bduggan@nevadaappeal.com When the housing market went sour, Marcus Marchegger, a former mortgage broker, decided to return to the business where he cut his teeth: automotive repair. In January, Marchegger and his wife, Lisa, purchased Capitol Automotive, 1000 N. Plaza St., for $60,000 and invested about $40,000 into the nearly 40-year-old repair shop that he said now specializes in automotive diagnostics - the tools that help a car owner determine why an engine light is flashing, for example. "It was the final leap for us," Marchegger said. "The mortgage business, it strung us out. This was the biggest financial risk we've ever taken in the history of the Marchegger family. And we did it in the most difficult economic time that we've ever experienced." Since then, after redecorating and repainting the office and cleaning up the garage, Marchegger said business is steady and outpacing expectations. In fact, Marchegger's entry into the automotive repair busin