Don Rice
  • Cleburne Texas
  • United States
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Don Rice's Discussions

Turnover of Employees at Automotive Dealerships

Started Dec 3, 2012 0 Replies

Arrogant managers are the major problem with employees leaving most dealerships. The worse the manager's ability the more apt they are to spend most of their time belittling employees or writing them…Continue

 

Don Rice's Page

Latest Activity

Mike Elliott liked Don Rice's profile
Feb 4, 2014
Don Rice replied to Rob Wilson's discussion Repair Inventory
"YOU HAVE HIT IT ON THE HEAD. If YOU CAN'T TELL WHAT'S WRONG, CAN'T BRING SOME ONE WITH YOU WHO CAN TELL, THEN YOU CAN SAVE THOUSANDS OF DOLLARS BY NOT BUYING AT AN AUCTION. DOESN'T COST MUCH TO GET INTO THE CAR  BUSINESS,…"
Jan 17, 2014
Don Rice replied to Rob Wilson's discussion Repair Inventory
"This can be expected if you are buying at many auctions. Dealers send a lot of doped up junk to the auction. If the cars were any good they could wholesale them to other dealers without the high seller fees or sale them themselves. Buy only cars…"
Jan 17, 2014
Don Rice replied to Mesut Citiroglu's discussion Sales Employee Compensation
"  Today at 11:24 AM Many follow the safe plan for sales employees by paying minimum wage or salary against commission per pay period. Some also add spiffs to the amount earned by salespeople, f&i, managers. Many sales employees have…"
Jan 17, 2014
Don Rice replied to Mike Parker's discussion Just started as a salesman, any advice
"Auto sales is not for everyone, but those that like it and learn how to sell can make a lot of friends and a lot of money. It is possible for a salesperson to make $75K to $125K per year after a couple years selling, and do it fair and square.…"
Dec 2, 2013
Don Rice replied to Mike Parker's discussion Just started as a salesman, any advice
"Just make sure the website is ok with the dealer. Many will not allow an employee to set up a site due to possible misunderstandings, etc. Not a good idea anyway, unless you set it up as your sales site and do use the dealerships name. Even then…"
Dec 2, 2013
Don Rice replied to Timothy Brillant's discussion Shop Mangement
"One area dealers, both large and small should consider with shop issues is the recent government claim that dealers, mechanics and shops doing auto repair may be guilty of fraud. Using a book rate can get you in serious trouble if they follow…"
Jun 19, 2013
Don Rice replied to Timothy Brillant's discussion Shop Mangement
"I guess I'm one of the few that think the major problem with shop mechanics is that they are for the most part overpaid for their work. This allows them to make a big paycheck without doing much work. I know few mechanics that is really worth…"
Jun 17, 2013
Don Rice posted a blog post

Choosing Your Used Vehicle Inventory

Many dealers stock their sales lot with whatever car or truck they come across that seems to fit their budget. Some buy only imports, or heavies, or sports cars. For maximum sales none of these maximize your sales and profit as well as following an inventory control system. Decide what amount of inventory you are going to stock, and the price range of these vehicles. Then break down the local market on what is selling. Sometimes you can get a copy of the recent few months sales from the Tax…See More
May 24, 2013
Don Rice replied to Jake C's discussion BHPH how do you price your vehicles?
"You only need an extended service policy or warranty as some call them, not both. To start out use a good warranty provider and either sell the warranty to your buyers or include it in the price. The secret to success in the note business is to sell…"
May 24, 2013
Don Rice replied to Karl Jensvold's discussion Anyone been watching "Carlot Rescue" and what do you think?
"Absolutely so far off base that it is stupid. Anyone that dresses like that nut would be laughed off the lot by the salepeople and the customers. he is so far out of step with today's sellint that the entire show is a laughing matter. I…"
Mar 8, 2013
Don Rice posted a discussion

Turnover of Employees at Automotive Dealerships

Arrogant managers are the major problem with employees leaving most dealerships. The worse the manager's ability the more apt they are to spend most of their time belittling employees or writing them up for some minor detail. Managers as a lot are normally not really very good at amangeing people. Many managers are salepeople that couldn't make a living selling vehicles so someone made a manager out of them. I never would take a managers job becasue it always meant a drop in my pay check which…See More
Dec 3, 2012
Don Rice is now a member of Auto Dealer People
Nov 11, 2012

Profile Information

Company
Don Rice Motor Co
Position
Sales Manager
Dealership, Allied Industry or Finance Company?
Dealership
If Dealership, Franchise or Independent
Independent
Your web site
http://DONRICEMOTORCO.COM
Biography/Work Summary
SELLING NEW AND USED SINCE 1963. SALES TRAINER. FINANCE MANAGER. AUTHOR ON OVER 200 AUTO ARTICLES PUBLISHED. MECHANIC, AUTO PAINT & BODY SHOP OWNER, AUTO DETAIL & UPHOLSTERY SHOP OWNER. ANTIQUE AUTO RESTORATION AND SALES
Activities Away From Work
NONE. FULL TIME CAR JOCKEY 7 DAYS A WEEK
Birthday
June 19

Don Rice's Blog

Choosing Your Used Vehicle Inventory

Posted on May 24, 2013 at 1:02pm 0 Comments

Many dealers stock their sales lot with whatever car or truck they come across that seems to fit their budget. Some buy only imports, or heavies, or sports cars. For maximum sales none of these maximize your sales and profit as well as following an inventory control system. Decide what amount of inventory you are going to stock, and the price range of these vehicles. Then break down the local market on what is selling. Sometimes you can get a copy of the recent few months sales from the Tax…

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