Tuesday, October 9, 2007

Maximizing YOUR Results

The first question we ask dealers is: "Of the last ten potential customers that came in for a car, how many left without one?" Conservatively, dealerships are losing at least one Special Finance deal a day or 25-30 deals a month. Our analysis of the lost opportunities enables a dealership to correct the processes that are losing these customers. With re-training in proper Special Finance processes a dealer can go from being simply average and frustrated in their Special Finance efforts to solidly and consistently successful.

What does that mean in real money? By recapturing the lost opportunities at $3,000 average gross per deal, an additional $75,000-90,000 in gross profit is added simply by correcting existing mistakes. Then, with AutoLending Network™’s Targeted, Blind Direct Mail Program and the AutoLending Network™ Profit Development Center, we look to add 18-22 additional units a month. This means, with a $3,000 average gross, the AutoLending Network solution adds $54,000-60,000 a month. Combining the AutoLending Network™ Solution and the customers recaptured from lost lot traffic, it is reasonable to add another $129,000-150,000 a month to the bottom line. That is $1,548,000-1,800,000 a year in a market that most dealerships are largely ignoring.