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One price sales review:
Last week
Listener Questions
Rentals can be okay
A fee by any other name
Finance has the CFPB
Brand reputation
CVT is the future
Selling One price
Usually the higher average
Don’t let your guard down
Due diligence is the key
It’s all about low overhead for the dealer
As always OTD is the answer
Don't do this review review:
The news
Comparing different makes same model type
Before and after
Don’t forget resale in the comparison
The best deal requires due diligence in advance
These could decide your model
Due diligence is always the key
The list of twenty-five "Do not dos" in making a deal
All in all, stick to Deal talk
UDAP trumps the locals
Last week crazy ads
CFPB trying to beat back the dealer reserve
Banking fines
Consumer report the year’s top 6
The years 4 disappointment
Brand can make a big difference
The list can help predict
A trip to AutoNation
Federal trumps local
You have a way to make things right
Consumer protection is alive and well UDAP
State interpretation
http://www.nclc.org/images/pdf/udap/analysis-state-summaries.pdf
Ad an A for abusive
UDAAP
About the ads
Last week
Early termination
Bait and switch
Radio or paper
Multiple rebates
Ridiculous trade values
Employee pricing, what?
Disclosures
Plus everything
Feds are on the hunt
Identify the good ones
Nothing else matters
Definitions worth the time:
Last week
The power of a worksheet
It all adds up
OTD the payment, finance or lease
Adding the glop
Accessories at cost
Dealer fees do matter
Effects on minus equity
Insurance loss
Book values do not add for fees
Leases don’t have to worry
Focus on the bottom line, it’s all that matters
Time to pull the trigger
The basics explained
Review where to buy
Crazy ads
Is it worth the effort?
How much due diligence?
Follow the steps
The main concepts
OTD is king
What cash?
Trade value preparation
Assertive
Why list vs price
ACV vs trade value
Focus on the bottom line
Where to buy facts
1. Minus equity review
2. Chose first, negotiate later
3. Make a list of dealers
4. Eight considerations when choosing a dealer
5. What about the chain stores?
6. Selection does not equal value
7. Bureaucracy can get in the way
8. Online sellers, another mouth to feed
9. Buy with your head
Upside down review
History story
Review getting help
Aka, under water and minus equity
Why it happens
What to do
Type 1 and type 2
Due diligence
Minimizing minus equity
Tips for the future
Getting help:
Carvana dot com
Your payoff
Chain of command
Due diligence, due process
Salesperson, Manager, Dealer principal
Manufacturer (Company.com)
Better business (BBB.org)
Attorney general (your state.gov/attorney general)
UDAP statutes Last
Assertive, not aggressive
Great notes, “The Informed Buyer” http://goo.gl/jBvgi1
Persistence is Omnipotent
From the publisher's feed