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Check Processing & Payments Information

Sara Holt

Sara Holt has 12 years of experience as a graphic designer in a variety of industries.

Recent Posts

From Rat Rod to Rolls-Royce, How Much Money Passes Hands?

on Fri, Jul 20, 2018 @ 09:45 AM By | Sara Holt | 0 Comments | Auto Dealerships
Ever been in a bidding war at an auction? How about a slam dunk win where nobody bids against you? Maybe you were blown away by a bidder with deeper pockets and could barely get your paddle up to bid, once? Have you ever watched an item of yours being sold at an auction? In either case, two things are inevitable.
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Auto Dealerships' Top Five Concerns [Infographic]

on Fri, Nov 10, 2017 @ 08:45 AM By | Sara Holt | 0 Comments | Auto Dealerships
Our illustrative expression of the Q3 2017 Cox Automotive Dealer Sentiment Index shows that auto dealerships are somewhat concerned about existing conditions in the marketplace, but more positive about what they expect over the next three months. In addition to their top five concerns, dealers also mentioned pricing pressure, increasing costs of doing business, declining profits, slow customer traffic and a lack of inventory.
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The Lifetime Value of One Declined Check at Your Auto Dealership

on Thu, Sep 21, 2017 @ 12:49 PM By | Sara Holt | 0 Comments | Check Fraud Auto Dealerships C.A.R.S.
Many people prefer paying by check according to the 2016 Federal Reserve Payments Study. Checks declined by processing companies harm auto dealerships where losing a sale to just one declined check can have far-reaching consequences. For example, one declined check for a downpayment could result in the loss of three sales equalling a total of $146,000 if several values are considered (see the below infographic).
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How to Detect Flood Damaged Vehicles at Auto Dealerships

on Fri, Sep 15, 2017 @ 02:30 PM By | Sara Holt | 0 Comments | Auto Dealerships
The National Automobile Dealers Association has issued a list of inspection tips to help buyers identify flood-damaged vehicles in the wake of recent hurricanes. While most of these vehicles are sold for salvage value by insurance companies, some will inevitably end up on the market. Auto dealerships can do their part in protecting consumers by not accepting damaged vehicles as trade-ins. This process begins with a study of title histories and ends with a visual inspection of each vehicle. The below graphical interpretation of NADA's recommendations provides detail.
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