Auto Dealer People is an Automotive Social Network for auto dealers, dealer personnel and allied and finance industry partners.
I'm a small dealer usually have 45-55 units on the lot, service tends to be mostly our own repairs and a little outside. I'm looking for process to help run our shop smoother, I'm seeing customers back in the shop to have items worked on, I'm trying…Continue
Daughtry: How Much Reconditioning Should Vehicles Receive? It DependsBy Gene Daughtry, NCM Associates June 07, 2013 - as seen in Sub Prime Auto Finance News OVERLAND PARK, Kan. — In every car dealership I know of, reconditioning is an important…Continue
Just back from Buy Here / Pay Here convention in Las Vegas and I was impressed by these two venders. Has anyone done business with either company? AutoRapter is a CRM tool and ClientConneXtion helps build leads from your web site.Show in Las Vegas…Continue
The temptation is great. Commissions at stake. The customer is willing. Just raise the price enough and let's get them into financing.Of course, this is illegal if you have already quoted one price or your vehicle is priced in an ad online or in…Continue
As a part of Used Car University, LLC, this site is intended for the betterment of automobile dealers and their teams.
While we welcome all members of the allied and finance industry, we expect posts to be helpful, for the purpose of dealer education and informative - not solicitations. AutoDealerPeople.com maintains the express rights to determine what content is appropriate on this site. Blatant attempts to mass solicit, harass, insult or threaten will not be tolerated, and may result in banning.
Self promotional photos, videos (in reasonable quantities)and blogs are permitted on your own page as long as they are not deemed to be in poor taste, non-factual in claims or nature, or intentionally damaging to other members.
The exchange of contact information and detailing of services offered if requested by a dealer or dealership personnel is certainly welcomed, but any unpaid advertisements about your product or services are otherwise prohibited. Should you have a question about these rules please contact Harlene@UsedCarU.com in advance.
We thank you and look forward to serving the auto dealer community.
In a new car and truck dealership, what is a good payplan for a secondary finance manager with 3 secondary salespeople under him? Also, how would you pay the salesperson who first greeted the customer? There always seems to be discord between the primary dept and secondary department. Are there any suggestions to bring harmony to the 2 departments?
Any and all suggestions are welcome
Part 2 - Collections Promotions
As I said in the first part of this series here, properly designed promotions are more fun than advertising. Promotions should involve your employees, your customers, friends, family, neighbors, etc. All promotions should be done in a festive atmosphere. Plan the promotions so that as many customers as possible are…
Hello Auto Dealer People, this is Brett Houchin with Used Car University. I wanted to let everyone know that we have the Used Car University Facebook Page up and running, and we would love to encourage everyone here to come by, LIKE our page and comment and contribute to any discussions, posts, blogs, photos or video to help educate each other and anyone who can find the…Continue
It is easy to sell more cars in the Buy Here-Pay Here industry. All you have to do is say “Yes”. The challenging parts are knowing which customers to say “Yes” to and how to collect the balance of the loan.
In order to make that decision, there are 10 Key Characteristics that are important…Continue
You keep hearing that dealers are making good profits in Buy Here Pay Here. You have decided that you would like to pursue the business. What is your next step? After all you may have been in the car business for years. You understand buying and selling cars. You know how to run a compliant Finance Department and a profitable shop. Isn’t BHPH or LHPH just other ways of financing cars?
The answer is not…
The D.C. Circuit ruled last week that President Obama did not have "recess appointment" authority to appoint members of the National Labor Relations Board in January 2012, the same time as he appointed Richard Cordray to be Director of the CFPB. Cordray was also a recess appointment. The Court ruled that Congress was technically in session. This ruling will be appealed but it may slow down some of the CFPB's initiatives including its auto finance initiatives. Cordray has indicated that…Continue