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Articlesby Tom HudsonJanuary 26, 2011

Think Twice About Pricing a Car Based on Credit Quality

Thomas B. Hudson - What's a dealer to do in order to avoid an up-close-and-personal meeting with his state's AG? We recommend that dealers prominently price all their cars (as some state laws require). The price is the price, no matter who is buying or how they are paying.

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Articlesby Tom MohrJanuary 25, 2011

The Power of A Well-Executed First Call

When a customer submits an Internet lead to a dealership, the first call – if well executed – can result in a sale if followed by solid follow-up processes and a qualified, focused sales consultation.

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Articlesby David Keller, CPA, CFEJanuary 21, 2011

Keep Your Eye on Your Used Vehicle Department

David Keller - As more dealers rely on used vehicle sales since new sales are significantly down from years past, it’s important to keep your eye on used sales as new sales incrementally increase.

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Articlesby Brice EnglertJanuary 14, 2011

Service Customer Retention is Money in the Bank

@utoRevenue General Manager Brice Englert discusses how service customer retention can be improved through having a marketing plan, using a variety of channels and tailoring marketing messages.

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Articlesby Tom HudsonDecember 27, 2010

You Think Selling Cars is Hard?

Deceiving and defrauding customers is one easy way to get the attention of your state attorney general. Tom Hudson details how and why one dealership paid big for engaging in illegal practices.

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Articlesby David Keller, CPA, CFEDecember 24, 2010

Concentration Counts

Managing two aspects of a business at once may seem like it saves you time, but Author David Keller points out that’s not the case in BHPH. Without 100-percent focus on the task of collections, repossessions and delinquency rates will increase dramatically and profitability will decrease quickly.

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Articlesby Greg WellsDecember 21, 2010

The Showroom Visit Outcome Call

Customers who visit your showroom but don’t buy leave for a number of reasons. Author Greg Wells discusses methods that can help a BDC or dealership get unsold floor traffic back in through effective outbound calls.

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Articlesby Joe ChuraDecember 9, 2010

Creating Professional Dealership Videos on a Budget

Internet and e-Marketing Director Joe Chura breaks down what a dealership would need to shoot professional-grade video at a fraction of the cost it would take to hire a third party to produce videos.

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Articlesby Nicole MunroDecember 8, 2010

Expedited Payment Fees

Before charging an expedited payment fee (or any other servicing fee), consult and consider your state’s laws on the topic. Attorney Nicole Munro explores servicing fees in depth.

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Articlesby J.D. RuckerNovember 30, 2010

Credit Leads and Reputation

J.D. Rucker - Although it’s been contested, buy here pay here dealers can reap rewards of a search engine optimization strategy. A BHPH SEO strategy should be credit-focused and aim to push any negative reviews, complaints and third-party lead-generators that could be taking your business down in the organic search engine results.

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