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Salesmen 9 Replies
I work for a dealership in colorado springs that NEEDS some good sales pros. I've placed job offers for work on craigs list. What advise do my peers have for gathering some great sales talent. We…
Started by Mitchell Meider. Last reply by Dan Creamer 1 day ago.
How is a 12 Billion Dollar Loss a good thing?
Picked up this news piece from the Lansing State Journal this morning.A Free Press analysis suggests taxpayers could get back about $74 billion of the $86 billion the government made available in 200…
Tagged: taxpayers, Chrysler, GM
Started by Harlene Doane Jul 26.
GM to acquire Americredit 8 Replies
Straight from GM News this morningDETROIT – To meet customer demand for leasing and non-prime financing for GM vehicles, General Motors and AmeriCredit Corp. (NYSE: ACF) today announced they have ent…
Tagged: gm, americredit
Started by Harlene Doane. Last reply by David Roesch Jul 23.
Cover Sheets for Deal Jackets 5 Replies
Hi to all. I am looking for a new cover sheet for my deal jackets. I need one very detailed. If someone could forward me some different ideas and examples, it would help alot. Thank you in advance. …
Started by Sabrina Southards. Last reply by Christopher F. Geswein Jul 21.
Sub-prime 10 Replies
With the downturn in business these past 2 years our cash flow has been depleted. How does one get into this market with no money to sustain until contracts start maturing in a couple years? We are…
Started by Gary R. Bergeron. Last reply by Gary R. Bergeron Jul 20.
More Than a Third of Scores Now Under 650 4 Replies
Found this article today... for the first time since the installation of the FICO credit bureau based scoring system in 1989, 35% of the population is now scoring below 650. This is up from 27%, whi…
Tagged: experian, transunion, equifax, subprime, credit
Started by Harlene Doane. Last reply by Alan Mosher Jul 19.
The Latest from Auto Dealer Monthly
Speed Still Sells
Most Internet sales managers or BDC staff will tell you the frustrating part of their job is customers who won’t connect. What you hear is, “We respond quickly, quote a great price, leave numerous voicemails, send several e-mails and never hear from the customer again.”OPENLANE Partners with HomeNet to Make Wholesaling Cars Easier
OPENLANE, Inc., a leading online auction company in North America for automotive dealers to buy and sell wholesale vehicles, today announced that it has collaborated with HomeNet Automotive, a leading provider of automotive inventory merchandising, management, and marketing services, to offer dealers an easy and efficient way to list and wholesale their aged inventory.Choosing a New Web Site Provider
Technology changes so fast that it’s difficult to keep up, and that’s especially true when it comes to a dealer’s Web site. What was cutting-edge and met a dealer’s needs a year ago may now be lackluster in performance.Thought for the Day
A sense of humor is a major defense against minor troubles. -Mignon McLaughlin
Blog Posts
Right to Repair Bill
The Right to Repair bill has been touted as a way to lower the cost of repairs for consumers by making it easier for independent repair shops to compete.
The supposed reason for the law is for parts manufacturers to get access to information to remanufacture original equipment to make cheaper versions.
There is strong support on both sides of this issue.
Is anyone concer… Continue
Posted by Harlene Doane on July 26, 2010 at 10:35am — 12 Comments
What is the Most Effective Way to Market Your Used Vehicle Inventory and Why?
"Our most effective way to market our vehicles is by word of mouth and the Internet. In our 20 years of being an independent dealer, we have never let a customer down, no matter what the circumstances. By having a ..." - Don Sitts, CEO, Don Sitts Auto Sales, Inc., Cuyahoga… Continue
Posted by Jenny Murphy on June 28, 2010 at 8:00am — 2 Comments
Santander Confirms Worst Kept Secret: Acquisition of CitFinancial Auto Loan Portfolio
Shor… Continue
Posted by Greg Goebel on June 24, 2010 at 7:54pm — 3 Comments
How to Kill a Sale
If you ever get frustrated over what your sales professionals do, read this and realize we really do have some great employees.
A couple of days ago I started researching a product – it was not a vehicle but it was a large ticket item. I did some basic research on the Internet, found some items that piqued my interest and sent an Internet lead
submission form. Not much different than we received in the auto industry every
day.
Posted by Harlene Doane on June 24, 2010 at 2:06pm — 8 Comments
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