I have asked a few of the lenders I work with what they are going to do with these unfortunate Chrysler stores and have gotten mixed answers. Some are terminating and others are requiring new dealer agreements under the lenders non franchised guidel…
I was contacted by Automotive Banking Solutions does anyone have any input? The rep could not let me know what lenders they have in Michigan which I thought was strange. I do not want to take the time to sign up if they dont have lenders that I can…
How is Service Finance to do business with? They had contacted me awhile ago the program looks like MAF's. I used to do a lot of business with Mid Atlantic but their max term kills deals when you have the inventory my store has. I had heard Service…
I work at a Franchise store. As AJ said the call backs over the last two years have gotten consistantly worse. I still average at least 2 deals a month but Drive is making more gross then us. I run at a 10% closure ratio. I guess corporate has been…
I know that a product like this was developed years ago in Canada, the original inventors of "negative equity" and, that it is still new in the States. It was designed liked all backend products, to generate revenue. However, since there's usually n…
Today I had a gentleman stop by my office pitching negative equity insurance. I had heard about it before and it sounds a little to good to be true. Does anyone have any insight on the product pro's and con's?
The ASFA is a group of automobile dealers, lenders, industry vendors and other proessionals who are dedicated to improving sales operations through networking and sharing ideas, best practices and lessons learned.
Gayle
are you doing business with first investors? They have changed their program a bit over the last three months but they are still buying deals. Good source for BK even if the customer has had non situational derog with something positive on the…
I book on average two to three deals a month with TW. I have been an active dealer with them for the the last five years in Michigan. At the begining of Feb. they sent out a statement basically saying they wanted to concentrate on the open and disch…
Used cars, used trucks, certified pre-owned, cream puffs, you name we can talk about it here. A group to help dealers focus on one of the most important profit centers of a dealership.
Use this forum to ask questions or share information about auto finance and leasing companies. One suggestion - rather than writing on the "wall", keep the discussions organized by adding to an open topic or by starting another discussion.
This group is for those individuals working in the Internet department. A place to share ideas on driving traffic, managing leads and closing more deals.
I have worked here at Art Moehn for the last 6 Yrs. I was the assistant to the finance manager for the first two years in this business. I can honestly say in a business like this that is ever changing, with new things to learn everyday a different career would be boring.Prior to my employement here I ran a parts and service deparment at the largest marine dealership on beautiful Torch Lake in northern Michigan.
Activities Away From Work
Golf, being active in my sons sporting activities, and spending time with my family
Birthday
November 29
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At 12:35pm on February 12, 2009, Sharon Brooks said…
HI, Ray. Yes, it has been awhile. I just connected with Michelle again on FaceBook. She is awesome! I hope things are not as tough for you as the media allows.