"Seems like your already on your way! Good luck! The set up sounds perfect so far but I agree with Charlie, you may want to hire another sales person soon to boost sales."
The automotive social network for dealers and dealership management
Brandon Gonsalves's Discussions
How to set up a small lot with people.
Started this discussion. Last reply by Richard Tarco Mar 11. 2 Replies 1 Like
Most of my experience was with large franchise dealerships and so the personnel setup was totally different than the lot I just opened. Im a first time owner with a couple partners. I manage the…Continue
A friend is bringing 20 cars to a lot...
Started this discussion. Last reply by Dennis Wagner Dec 11, 2012. 9 Replies 1 Like
A friend wants to bring and keep about 20 cars on a dealers lot for the dealer to sell. How should my friend get paid for these cars...whats fair for both parties? he is essentially acting as a…Continue
Call Recording Software/Setup
Started this discussion. Last reply by Terry Williams Oct 21, 2012. 7 Replies 0 Likes
Does Anyone know how to get an 800 number or even a local number to record so that the owner can listen to his phone calls coming in and use it to evaluate and train his salespeople? Whoscalling is…Continue
Sub Prime best practices?
Started this discussion. Last reply by Ben Misra (secondarypro) Sep 5, 2012. 2 Replies 0 Likes
Should a sub prime deal always have stips in hand before delivering the car to the customer?what other sub prime best practices do you use?Continue
Brandon Gonsalves's Page
Latest Activity
Charlie Hernandez replied to Brandon Gonsalves's discussion How to set up a small lot with people."I feel you are on your way. What do you do for recon? How about repairs? It seems that it is important that you have at least 1 mechanic and a detailer to get the cars ready unless you farm them out. If you keep growing like that you can easily add…"
Brandon Gonsalves's discussion was featuredHow to set up a small lot with people.
Most of my experience was with large franchise dealerships and so the personnel setup was totally different than the lot I just opened. Im a first time owner with a couple partners. I manage the operations and the other manages the inventory. We have 80 vehicles in stock and are doing about 40 cars per month and I expect to do 50 in March. We basically have a used car manager who buys the cars, 3 sales people, a sales manager and a finance manager. Is this the setup for that kind of…See More
Brandon Gonsalves posted a discussionHow to set up a small lot with people.
Most of my experience was with large franchise dealerships and so the personnel setup was totally different than the lot I just opened. Im a first time owner with a couple partners. I manage the operations and the other manages the inventory. We have 80 vehicles in stock and are doing about 40 cars per month and I expect to do 50 in March. We basically have a used car manager who buys the cars, 3 sales people, a sales manager and a finance manager. Is this the setup for that kind of…See More
Dennis Wagner replied to Brandon Gonsalves's discussion A friend is bringing 20 cars to a lot..."Excellent points and even better information concerning the "innocent third-party" rule and the U. C. C. Form. "
David Roesch replied to Brandon Gonsalves's discussion A friend is bringing 20 cars to a lot..."As the owner of an independent wholesale operation, I have worked with numerous dealers on consigning vehicles to them and at one time, when I was starting out, I had consigned vehicles on my lot and was quite successful in selling them. The…"
Ben Misra (secondarypro) replied to Brandon Gonsalves's discussion A friend is bringing 20 cars to a lot..."What guy gets the bad reputation if you sell a bad car ?"
Charlie Hernandez replied to Brandon Gonsalves's discussion A friend is bringing 20 cars to a lot..."I have seen this happen before and it usually turns out bad. The problem arises when the wholesaler starts to get the feeling he is your partner in your business and wants to be involved more than you would like him to be. If you…"
Dennis Wagner replied to Brandon Gonsalves's discussion A friend is bringing 20 cars to a lot..."
Neil.. I agree 100%. That is the only formula that works for both parties."
Dennis Wagner replied to Brandon Gonsalves's discussion A friend is bringing 20 cars to a lot..."Agree on a minimum set price for each unit up front. Put it in writing. The dealer selling the car keeps any and all profits above that no matter if it's $10 or $10,000.. That's the only way it has ever worked. You cannot split profits…"
Jeffrey Osborn replied to Brandon Gonsalves's discussion A friend is bringing 20 cars to a lot..."I think your friend has some questions to ask beyond how he is going to get paid such as will the dealer put these units under his insurance policy and how will he promote these units. Both should stay clear of any profit split and should…"
"First let the wholesaler establish the least amount he will take on each and every one of his vehicles. This establishes a clear and defined line. Then you need to decide if there is enough potential profit to make it worth your while.…"
Karl Jensvold replied to Brandon Gonsalves's discussion A friend is bringing 20 cars to a lot..."I did a deal like this about 5 years ago when I needed some extra inventory. He got a $500 pack plus we split the profit after the commissions were paid. I kept the F&I profits since they could be charged back. It wasn't highly profitable…"
Profile Information
- Company
- Credit Acceptance
- Position
- Market Area Manager
- Dealership, Allied Industry or Finance Company?
- Dealership, Finance Company
- If Dealership, Franchise or Independent
- Independent
- Your web site
- http://www.creditacceptance.com
- Biography/Work Summary
- 13 years in Retail Car business, left as a General Sales Manager.
- Favorite Quote
- buyers are liars
- Birthday
- February 28
Comment Wall
- No comments yet!
© 2013 Created by Greg Goebel.
