Auto Credit Express Blog
April 14, 2008
Special Finance Managers – get prepared for tax refunds
While many look upon the 15th of April with a less than enthusiastic attitude, subprime finance managers need to prepare for more business while re-visiting old deals…
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March 22, 2008
Why You Need Auto Credit Express Subprime Leads – Reason #3
Here at Auto Credit Express, our subprime leads are better because our lead customers are prepared for the dealer process…
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March 11, 2008
Why You Need Auto Credit Express Subprime Leads – Reason #2
Here at Auto Credit Express, our leads are better because we know the business…
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March 4, 2008
Why You Need Auto Credit Express Subprime Leads – Reason #1
In today’s business climate, quality internet leads are, increasingly, a must-have for those dealers looking to increase their business and decrease their customer acquisition costs…
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February 25, 2008
The subprime market in 2008
A recent article in Automotive News was titled “Lenders shun subprime market.†Here at Auto Credit Express, we know that the subprime market changes with the fluctuations in the marketplace, but the changes seem to be happening much more quickly in 2008…
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January 28, 2008
Are you marketing to your references?
Many of us at Auto Credit Express are surprised that many dealers that have bad credit finance departments don’t take advantage of an obvious marketing opportunity from their special finance customers.
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December 31, 2007
Special Finance Internet Leads - New Years Resolutions
Here at Auto Credit Express, we all look forward to the New Year. We look forward to it because it brings to us new challenges and opportunities.
Our customers are continually challenging us to come up with better finance leads and improvements in our LotPro software program. Many of the improvements that we have made in both areas have come from feedback from our best customers. (Read More…)
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November 6, 2007
Special Finance Car Sales “ Recipe for Success”
To maintain long term success in sub prime auto sales focus on improving the Critical Success Factors: Lenders, People, Business Process, Technology, Inventory, and Advertising.
Sub Prime Lenders
More and more sub prime auto lenders are trying to edge their way into the conventional finance office. As a result, these same lenders are not buying as deeply as they once used to. Make sure your lender mix contains lenders that approve a wide variety of subprime credit scenarios. In addition, to reduce your risk, place your loans with numerous lenders. If you only use one or two lenders and they run into troubled times, you could be left with contracts in transit that you will have to place with other lenders. (Read More…)
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