MICHAEL SOLOMON
  • Easton, PA
  • United States
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  • nathan king, cpa
  • Dennis Wagner

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MICHAEL SOLOMON's Discussions

Database company/service

Started Sep 27, 2016 0 Replies

Does anyone know if there is a company or service provider that can check to see if a customer's liability insurance is in effect. The dmv told me they dont have it nor has my state Independent…Continue

CAC 100 sales

Started this discussion. Last reply by MICHAEL SOLOMON Sep 29, 2016. 11 Replies

Has anyone completed their 1st pool of 100 cars with CAC? What was the net check after paying back the 10,000? Continue

Tags: Acceptance, Credit

CAC 100 sales

Started Aug 6, 2016 0 Replies

Has anyone completed their 1st pool of 100 cars with CAC? What was the net check after paying back the 10,000? Continue

Tags: Acceptance, Credit

CAC 100 sales

Started Aug 6, 2016 0 Replies

Has anyone completed their 1st pool of 100 cars with CAC? What was the net check after paying back the 10,000? Continue

Tags: Acceptance, Credit

 

MICHAEL SOLOMON's Page

Latest Activity

MICHAEL SOLOMON replied to MICHAEL SOLOMON's discussion CAC 100 sales
"Well we were doing ok but one guy brought the car back after 2 days with buyer's remorse regarding the payment. Our CAC set that was the tipping point sending us into the dungeon rating scores. My frustration with CAC --though i think they are…"
Sep 29, 2016
TAMMY replied to MICHAEL SOLOMON's discussion CAC 100 sales
"WOW that's a lot of work for little express $$.  What do you think happened?  Did you have a tough audit?  I realize you didn't pay upfront and had the money taken from your express check for the sign up fee.  Where did…"
Sep 29, 2016
MICHAEL SOLOMON replied to MICHAEL SOLOMON's discussion CAC 100 sales
"Good points Tammy. It makes me feel better knowing u were a 4. If u can imagine--i was a 7 so we hit 100 but no bonus pool. I think you are right about being more selective even for those 1/2s. As a small dealership like yours, you understand all…"
Sep 28, 2016
TAMMY replied to MICHAEL SOLOMON's discussion CAC 100 sales
"Michael, Bad things do happen while people are paying back their loans, but you can also be in charge of who gets a loan.  You know theirs people that just won't pay anyone sometimes and I let those walk.  The goal for you is to…"
Sep 27, 2016
TAMMY replied to MICHAEL SOLOMON's discussion CAC 100 sales
"Actually I was a 4 when it closed.  I stayed a 4 a few months and slowly moved to a 1 earlier this year."
Sep 27, 2016
MICHAEL SOLOMON posted a discussion

Database company/service

Does anyone know if there is a company or service provider that can check to see if a customer's liability insurance is in effect. The dmv told me they dont have it nor has my state Independent dealership found one. I know some astute company has to be out there...anyone know? Obviously BHPH it's very important....See More
Sep 27, 2016
MICHAEL SOLOMON replied to MICHAEL SOLOMON's discussion CAC 100 sales
"thanks David. I think the key is being a high rated customer. However, its CAC that approves /underwrites/determine the loan for the customer. Yet the customer's failings blowback on dealer. "
Sep 27, 2016
MICHAEL SOLOMON replied to MICHAEL SOLOMON's discussion CAC 100 sales
"thanks Tammy. U must have been a 1 or 2 rated dealer?"
Sep 27, 2016
TAMMY replied to MICHAEL SOLOMON's discussion CAC 100 sales
"I agree with you, they will audit you every so often.  If you are doing things that not in violation of their policy's you WILL get all your money.  I did."
Sep 27, 2016
TAMMY replied to MICHAEL SOLOMON's discussion CAC 100 sales
"I signed up a few years back and I am a small dealership.  Took me awhile to close my pool and I paid upfront for the sign up if you do the math and your serious about the program it's worth it.  My first check was just over…"
Sep 27, 2016
Nick Mitch replied to MICHAEL SOLOMON's discussion CAC 100 sales
"I just sign up. Well worth it."
Sep 1, 2016
MICHAEL SOLOMON posted discussions
Aug 6, 2016
MICHAEL SOLOMON posted a discussion

For start up dealers, which subprime is recommended?

Are there certain lenders in the sub prime world or full spectrum universe who are willing to work with start up dealership? And whom would your recommendSee More
Sep 26, 2014
Steve Cortes replied to MICHAEL SOLOMON's discussion Credit Acceptance....
"Michael,      The are 2 options to enroll with Credit Acceptance, Option "A" and Option "B". Option "A", $9850 upfront. This option provides you additionally with 6 GPS units and a credit used towards…"
Aug 10, 2014
Dennis Wagner replied to MICHAEL SOLOMON's discussion Credit Acceptance....
"You're welcome, Michael! If you don't want to invest that kind of money in doing business with C.A.C. you can always hook up with WestLake Financial. WestLake has a fairly similar program, but you don't have to make an initial…"
Aug 7, 2014
MICHAEL SOLOMON replied to MICHAEL SOLOMON's discussion Credit Acceptance....
"thanks Dennis. That seems like alot to offer their product."
Aug 6, 2014

Profile Information

Company
YOUR CAUSE CAPITAL
Position
owner
Dealership, Allied Industry or Finance Company?
Dealership
If Dealership, Franchise or Independent
Independent
Your web site
http://yourcauseauto.com

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