MICHAEL SOLOMON
  • Easton, PA
  • United States
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MICHAEL SOLOMON's Discussions

DMS--who is worth it? DealerSocket good?

Started this discussion. Last reply by MICHAEL SOLOMON May 12. 2 Replies

We have been using Deal Packet but doesnt follow the life cycle of car from acquisition to sale to payments (bhph) Would like to know what others think? DealerSocket sounds great but is 500 a month.…Continue

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

 

MICHAEL SOLOMON's Page

Latest Activity

MICHAEL SOLOMON replied to MICHAEL SOLOMON's discussion DMS--who is worth it? DealerSocket good?
"Randy thank you. I am confused is IDMS etc all part of DealSocket? What did u use before? Sounds scary and the money is steep. We actually do bhph and lhph. And a big thing Dealer Pack doesnt do is allow lenders to look at our deals. Please let me…"
May 12
Randy Pruit replied to MICHAEL SOLOMON's discussion DMS--who is worth it? DealerSocket good?
"We have the entire package. IDMS omni que, blackbird and desking. I'd also and omnique work well and are somewhat integrated. The rest don't work well at ALL. VERY BUGGY. They definitely don't work well together. And after 4 months I…"
May 12
MICHAEL SOLOMON posted a discussion

DMS--who is worth it? DealerSocket good?

We have been using Deal Packet but doesnt follow the life cycle of car from acquisition to sale to payments (bhph) Would like to know what others think? DealerSocket sounds great but is 500 a month. Any input is appreciated. thanks in advance.See More
May 11
MICHAEL SOLOMON replied to Tarek Salah's discussion How is business going for you guys?
"Everyone is experience sales declines. While we are on different side of spectrum than high priced used cars, our Credit Acceptance report ofr our region in PA shows widespread decline. We cater to people who "need" transportation so it…"
May 11
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

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

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