Over the thirty years we’ve been in business we’ve learned how to establish mutually beneficial long-term relationships with our clients. And like many successful service providers, we’ve refined our offerings to make sure that we provide exactly what they need as efficiently as possible.
The company that wrote the book on credit scoring is located just south of CrossCheck, in Marin County, California. It is called Fair Isaac and Company, and the score they generate is called a “FICO” score, an abbreviation of the company name. To state the obvious, this score affects whether you get credit or not, and how high your interest rate will be.
The auto industry will recall more cars this year than it has in a decade, and while some dealerships will try to drive revenue through maintenance up-sells, savvy ones will use this influx into their service departments as a long-term business development opportunity.
As an auto dealer general manager, you have many expenses to consider: rent, advertising, employee wages, commissions, supplies… the list goes on. To keep your dealership running smoothly, you have to manage overall sales against these expenses – without going into the red.
Every November J.D. Powers & Associates releases the results of its Sales Satisfaction Index Study, which is considered one of the definitive benchmarks for the auto dealer industry. It’s based upon tens of thousands of phone calls to car buyers across the country. Since we have six months to prepare, we want to make sure our dealerships belong among the highest scoring in the industry.
Car dealers worried about 2014 sales can relax – disappointing winter numbers were caused by record snow and cold, as it turns out, and not by the market. The market posted a robust 8% year-over-year sales increase for April, putting the industry back on track to sell at least 16 million new vehicles this year.
Bruce Wayne did not buy the Batmobile with a credit card. Almost no one can buy a vehicle with a credit card, in fact, unless their limit is sky-high or they don’t need to worry about exorbitant interest rates.
Having your company’s name associated with the trending architectural topic of the day can certainly bring fame and fortune to your business. Who wouldn’t want the free publicity associated with being the building developer for the world’s first, the world’s biggest, the world’s … something-est? But in the competition to reach for the sky, don’t forget to look down. The view from the top may seem lofty, but once those clouds in your head clear, you’ll see you’ll have quite a long way to fall.
Retailers rejoice! Black Friday is on its way and Cyber Monday will be around the corner, kicking off the holiday shopping season!