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Articlesby John CarrollOctober 24, 2007

When Ad Campaigns Go Wildly Wrong: Retaining Your Reputation And Customers In The Aftermath

John Carroll - To make sure you’re completely protected, said Chumney, make sure you have the right legal disclaimers on every piece. Mistakes happen, but because it’s a flub instead of a scam, neither the dealer nor the agency has to pay off...

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NewsOctober 23, 2007

Dealer Specialties Signs Exclusive Agreement With Best Bid Motors To Provide Dealer Inventory To New Online Auction Site

Dealer Specialties, a division of Dominion Enterprises and the nation’s leading provider of data and photo collection, inventory management and data distribution services, announced today it has teamed with Best Bid Motors, LLC (www.bestbidmotors.com), a start-up automotive auction site...

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Articlesby David Keller, CPA, CFEOctober 22, 2007

Related Finance Company Considerations: A Difficult Decision That Requires Extensive Review

David Keller - Projections should be completed as if you have sold the notes to an RFC so you can review the effect on net income, cash flow, net worth, working capita, and other factors that are important to the operations and health of your dealership...

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Articlesby Jennifer Murphy BloodworthOctober 19, 2007

Surviving Mass Deployment: Uncontrollable Business Swings Are Difficult, But Not Impossible For Budget Car Sales

Jennifer Murphy - Recalling the first mass deployment his dealership survived through, Thomas said, “The sales numbers dried up literally overnight, and we weren’t prepared … We didn’t know what to expect; it was devastating.

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Articlesby Ryan LinnehanOctober 18, 2007

Taking BHPH Out Of The Stone Age: Technology Changes How We Do Business

Ryan Linnehan - When you consider the technology needed to handle each aspect of the sale, delivery and collection process it’s easy to see how having separate software programs to handle each of these areas could have you drowning in technology...

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NewsOctober 17, 2007

AutoUSA Launches Dealer Resource Center with “AutoUSA Online Customer Estimator”SM Putting Dealers in Control of Lead Volume

AutoUSA, America’s best source of online customers, has launched a new Dealer Resource Center that includes an AutoUSA Online Customer EstimatorSM tool, giving dealers a real time look at the amount of Internet customers available to them at any given 30 day window.

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NewsOctober 16, 2007

Dealer Specialties Expands Full-Service Product Line to Include an In-House Solution Powered by DataOne Software

Dealer Specialties, a division of Dominion Enterprises announced today it has partnered with sister company DataOne Software to offer its dealers an in-house inventory management solution.

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Articlesby Jennifer RinconOctober 13, 2007

Compliance And Disclosure Priorities: Crystal Motor Car Company Has Rigid Policies In Place

Jennifer Rincon - For F&I ethics, candidates are given the Regulation Z/Truth in Lending booklets from the Federal Reserve and educated on which sections apply to the automotive industry

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Articlesby Jennifer Murphy BloodworthOctober 12, 2007

Rent-To-Own Pays Off On The Bayou: Independent Dealer Successfully Switches Business Plan

Jennifer Muprhy - The first and perhaps the most striking difference is that the dealer maintains ownership of a rented vehicle until the end of the rental term. Then, and only then, does the renter acquire ownership.

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Articlesby John CarrollOctober 11, 2007

F&I Findings for 2007: Profitable Processes In The Finance Office

John Carroll - “The key is to get the customer to come back for the first maintenance stop and get [the customer] in and out in an hour,” said Arden, who’s father put him to work at Downs Ford in Toms River, N.J., 30 years ago.

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