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Independent Dealers Gaining Skills with Subprime and BHPH Customers
2013-07-22 18:40:53| AutomotiveDigest.com - Automotive Industry News
by Jon LeSage, Editor of Used Car Market Reports, the Industrys Only Weekly Summary of Vehicle Remarketing Independent dealers have seen enormous growth in two segments in recent years subprime loans and Buy Here Pay Here (BHPH). Serving these customers with the right used vehicles has required enhanced skillsets in buying and selling the right aged vehicles, and working with customers to avoid dealing with big problems. Check out perspectives offered by Chris Macheca, Executive VP of Operations at PassTime USA on compliance issues and how to best deal with the annoyance of people tampering with GPS tracking devices. High-risk customers offer huge opportunities and potential problems to manage the right way.The Article Independent Dealers Gaining Skills with Subprime and BHPH Customers appeared first on Automotive Digest.
Tags: independent
customers
skills
dealers
BMW says folks can buy i3 electric car online; BMW dealers fight web sales plan
2013-07-22 01:53:27| Auto Dealers - Topix.net
Talk about buying your favorite tech gadget online: Imagine watching a video like the one unveiling all the features of the new BMW i3 electric car, and then being able to pop on over to BMW.com and buy one online, having it delivered right to your driveway, estimated to carry a $50,000 price tag in the United States -- which is scheduled to be ... (more)
Removal of Tamper Free Device from Vehicle Now Known to Dealers
2013-07-21 23:12:13| AutomotiveDigest.com - Automotive Industry News
One issue that has always concerned the dealers & the industry: Device tampering. The Solution: A powerful, new tamper detection feature which will send notification and location information in the event that the device is removed from a vehicle; and it does it without the need for a battery. How does it work?: Backup batteries emerged as a solution, but have been found to be unreliable and often unable to withstanding temperature and environmental factors over the life of the device. PassTime, through an innovative technology has achieved the ability to offer its PT SOS tamper detection feature without the need for a battery. Keep reading!The Article Removal of Tamper Free Device from Vehicle Now Known to Dealers appeared first on Automotive Digest.
Dealers: How to Benefit from High Tech Inventory Tracking
2013-07-21 22:20:12| AutomotiveDigest.com - Automotive Industry News
Auto dealers and floorplan financiers may soon take a page out of retailer Walmarts playbook, implementing radio-frequency identification tags to for inventory tracking. Radio-frequency identification RFID, for short is a wireless tracking system that uses radio-frequency electromagnetic fields to transfer data from tags attached to objects. Tags contain electronically stored information that can be read from several yards away. RFID tags are just the first step in evolving technology on the floorplan front. Keep reading!The Article Dealers: How to Benefit from High Tech Inventory Tracking appeared first on Automotive Digest.
Tags: high
tech
benefit
inventory
Four Auto Dealers Receive Credit Union Watchdog Award
2013-07-21 15:03:37| AutomotiveDigest.com - Automotive Industry News
Who is Space Coast Credit Union? Space Coast Credit Union (SCCU) was chartered in 1951 and is headquartered in Melbourne, Florida. The Credit Union serves over 239,393 members with assets of over $3 billion. SCCUs indirect lending policy does not allow buy-ups, and yet dealers continue to refer business to SCCU because they value the relationships it can bring proof that doing the right thing, and watching out for the best interest of the members is good business. Get the details on SCCUs indirect lending policy and the four auto dealers who were honored for superior auto financing service and thereby becoming a credit to the community in which they serve. [Read more]The Article Four Auto Dealers Receive Credit Union Watchdog Award appeared first on Automotive Digest.
Tags: auto
receive
credit
union
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