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BDC

Profits, Cash and Liquidity

Ben Donnarumma - Cash may be king in the car business but cash flow rules! It is the life blood for any business, especially for money vacuums like car dealerships. Just talk to a local banker today about getting a short-term loan for a car dealer; even with the Small Business Administration backing 90 percent of the principal, banks still consider such a loan to be a risky endeavor.

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RightWay Automotive Credit Does it Right

Kimberly Long - With 15 used car stores in Michigan and Illinois and about 650 employees, RightWay Automotive Credit as it exists today is a far cry from where it began.

CPO = New, Perfect?

Thomas B. Hudson - Could we make this stuff up? The plaintiff thinks that “certified pre-owned” means “new,” is handed a CARFAX report by the dealer that shows two accidents for the car, but relies on a salesman’s assertion that the car has been in only one wreck and drives the car 80,000 miles before suing the dealer.

You Have Five Seconds to Get My Attention!

Your site is not only competing with others in your market, but every other site the visitor has seen and will see in the future. Does your home page match up to that competition?

DealerLink Introduces a New Breed of Trigger Lead

What makes Trigger Complete(SM) leads different from other trigger leads, Parker said, is the additional steps DealerLink has taken to remove the burden of compliance from dealers’ shoulders and make the entire process more worry-free.

Back to the Basics With a New Twist

Greg Goebel - The seasons are changing, and judging by my phone and e-mail messages, so is the climate for special finance. As inquiries pick up, I can tell more focus and effort is returning to the market.

Good Coaching is Imperative

I am often amazed at the differences between dealerships. Why do some dealers hit such high levels of success and others struggle? Why do dealerships do well for the first year or two, and then numbers drop off?

@utoRevenue

Since 2001 @utoRevenue has made its mark as the pioneer in permission-based e-mail marketing. @utoRevenue product offerings have grown as the market has demanded one partner to handle every communication channel.

Run a Rental Operation From Within the Dealership: Champion Rent-A-Car Pockets Additional Profit Cont'd

Jennifer Rincon - Many dealers are under the impression that they will lose money with rentals. So, they turn to other rental companies, which pay about $1,500 per month to the dealer, and then slam them with inflated rental bills.

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Announcing SF Convention Speaker – Anthony (Tony) Constantino

2008 SFC

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