BLOG FOR SPECIAL FINANCE CAR DEALERS
Auto Credit Express to Exhibit at 2011 NABD Convention
AUBURN HILLS, Mi., May 5/ — Auto Credit Express today announced that it will be exhibiting at this year’s National Alliance of Buy Here, Pay Here Dealers to be held between May 18th and 20th in Las Vegas, Nevada. (Read More…)
Comments (0)Calling Special Finance Internet Leads
How you handle the initial call is critical to the success of your department, timing is everything.; try to adhere to the 15-minute rule; make the first contact attempt within 15 minutes of receiving the lead.
Call every special finance lead. Even if you think they do not qualify for a loan. A large percentage of the special finance leads that you think do not qualify will purchase a car within a 48 hours of submitting the application online. Many people have to buy a car so they may add a cosigner or come up with additional cash money down. They need an automobile most will do whatever it takes to get one. It’s our job to explain to them what it will take to get into a new car. (Read More…)
Comments (1)Special Finance Call Center BDC Services for Subprime Managers
Subprime finance managers rarely have time to properly process special finance leads in a timely manner let alone follow up with the leads as they age in the sales funnel. How many times do you call a lead before you give up? Most managers I talk to make only a few attempts before they give up on contacting a lead. (Read More…)
Comments (0)Bad Credit Auto Loans for Consumers
Not every auto dealer has the special finance lenders, used car inventory, car dealership personnel, and subprime auto sales system in place to process, and get approved, bad credit auto loans for consumers with a wide array of credit situations. (Read More…)
Comments (2)Special Finance Lead Providers
Last time I checked there were at least 20 companies that sell special finance leads to car dealers. Most of these companies claim to be the originator of these leads. The fact is that the majority of these special finance lead companies are merely middle men. They purchase leads from online marketers and resell them to automobile dealers. (Read More…)
Comments (1)Subprime Auto Sales 3.0.1
Starting March 8, 2010 we will begin testing a new concept in pre-approved subprime auto sales leads in the Metro Detroit area. Basically, the way the program works is that when consumers apply on our websites we will submit their application directly to lenders for an approval. (Read More…)
Comments (0)Best Practices for Auto Finance Trigger Leads
When a person applies for an automobile loan their information is for sale, as a lead, the next day. Since applying with an automotive finance company triggered the event, these leads are known as auto finance trigger leads. Trigger leads are typically sold by credit score range and attributes of the credit report, such as no repossessions in the last year and no open bankruptcies. (Read More…)
Comments (7)Which Lead Program is Best Suited for Your Store?
We offer two auto finance lead programs, the Auto Credit Express® Premier Lead Service and the AutoNet Financial No Sale No Fee Lead program. With the Premier Lead Service, car dealers pay per Lead and with the No Sale No Fee program, stores pay when they sell a car. (Read More…)
Comments (0)NADA Expo In Orlando Should be a Great Show
We’re just about a week away from the 2010 NADA expo in Orlando. This year I’m looking forward to a great show. Last years show was ill attended by both car dealers and vendors. In fact, for the first time since we started exhibiting back in 2004, scores of exhibitors that just through in the towel and did not show up. The booth space they rented looked like a death scene from CSI, outlined with tape, but the physical evidence of their existence had been removed. (Read More…)
Comments (0)Best Practices for Working Special Finance Leads
Since 2001 thousands of car dealers have used our special finance leads to sell more cars to people with credit problem. A handful of the original stores that signed up with us back then are still on today while many other stores have stuck with the program for many years. On the other hand, several stores have signed up for our lead program and cancel after just one month. (Read More…)
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