Good to see common sense reform for Automotive Dealers, THIS IS HUGE! Check out this article for my information. We can help your dealership with our real-world solutions from F&I Training to Compliance checks. Email us at info@pinnacledealersoultions.net Let’s Connect! Twitter: https://twitter.com/pinnacledealers Facebook: https://www.facebook.com/pinnacledealersolutions/ Linked In: https://www.linkedin.com/company-beta/12897853/ Website: https://pinnacledealersolutions.net/staging/7467 How can we find you?
Continue Reading2018 New Vehicle Sales Forecast
New vehicles sales are projected to fall just below 17 million in 2018. Edmunds projected 16.8 million. Cox came in slightly lower at 16.7 million in New vehicle sales. Due to new tax plan, households are expected to have more take home pay which may equate to more trucks, luxury vehicles & SUVs. Hybrid &…
Continue ReadingProtecting Your Dealership From Fraud
With the recent Experian breach, it is more important than ever to make sure your dealership is doing everything it can to protect itself from fraud. Fruad can come in many forms & can have a variety of consequences from ruining the victim’s credit, damaging lender relations to financial & legal issues for your dealership….
Continue ReadingThe 5 Second Rule: Take Control of September
All of us have the ability & responsibility to better ourselves. We believe that you can use this tool to not only grow & develop yourself but also your dealership. We love Mel Robbins’ ideas about the power you have to shape your destiny & reach your goals. You may never ‘feel like’ doing the…
Continue ReadingTo Infinity & Beyond With F&I Service
When it comes to great service, there are a lot of things that you can do. If are able to arm yourself with the knowledge of your craft, you can truly conquer any situation. Always keep your customer’s need & desires in the fore front of your mind. Use your resources to create customized solutions…
Continue ReadingNew Laws That California Dealers Need to Know About
California has introduced some new laws that need to be on your radar. Compliance with these issues will save you a lot of money and the headache of legal issues. There has been changes in the Interpretation of FLSA Exempt Classifications, new rest break pay requirements for commissioned sales people. The California Fair Pay act…
Continue ReadingSubprime Market Slow Down
The Subprime market has been at the center of a lot of conversations lately & with good reason. Due to higher numbers of delinquencies, subprime lending reached a 10 year low. Now 30 day delinquencies are lower. Are these finance sources are going to continue to tighten the reigns? Or are current healthier delinquency numbers…
Continue Reading87% of Consumers Dislike Dealership Experience, Survey Finds
LOS ALTOS, Calif. — Beepi Inc., an online marketplace to buy and sell cars, released results of a study that looked at consumer perceptions of auto dealers. It found that 87% of American consumers disliked something about the process of purchasing a vehicle at a traditional car dealership. “The stereotypical used-car dealer is a caricature…
Continue Reading