AutoRaptor Blog
Jul 25, 2018
Auto dealers that aren’t CFPB compliant could face legal action and millions of dollars in penalties. The Consumer Federal Protection Bureau (CFPB) is a U.S. government agency that ensures the fair treatment of consumers by lenders and financial institutions. Because most car lots provide lending services, they must be CFPB compliant. Dealer-assisted financing and in-house […]
Read postJul 18, 2018
F&I Manager training has always been encouraged, but how much time and money do dealers need to invest to make their efforts worthwhile? It’s not that much of a stretch to suggest that the business office is the pulse of any car sales operation. It’s also the first place to fall victim to overpriced and […]
Read postJul 11, 2018
Are you confident in the fact that your dealership has done everything possible to pass an unexpected dealership audit? You’re going about your day and then out of nowhere your bank’s floorplan representative pays you a visit. Or maybe it’s the IRS or state’s Department of Transportation. Either way, a dealership audit wasn’t what you […]
Read postJul 4, 2018
Internet car sales have become so prevalent that it’s vital for dealerships to perfect the art to stay ahead of their competition. For the longest time, increasing foot traffic was a salesperson’s main priority, but now with the bulk of clients spending hours online shopping for vehicles, there’s less need for people to visit dealerships […]
Read postJun 27, 2018
While it can be easy to get frustrated when performance is low, sometimes all it takes to get a car sales increase form struggling salespeople is a reminder of the fundamentals. Remember to use your CRM to continually monitor your team’s progress so you can give constructive feedback when necessary. With the right approach, you’ll […]
Read postJun 6, 2018
Creating the perfect dealership customer experience is simple when you have the right technology on your side. Car dealers rely on customer reviews to help boost business and to get the best, customer satisfaction is as necessary as understanding the basic principles of car sales. Recent studies show that more than 90% of car buyers […]
Read postMay 30, 2018
Every salesperson wants to sell more cars and remain at the top of the sales board, but some months just aren’t that easy. If you’re looking to enhance your approach and improve car sales, then you’ll find value in our latest infographic, “How to Improve Car Sales with 10 of the Best CRM Tips”. Interested […]
Read postMay 30, 2018
You may be a car sales veteran but are you confident you know how to be a good car salesman? The best salespeople know that maintaining rapport goes far beyond delivering a vehicle. It’s important to find ways to engage clients year-round if you want to increase customer retention. If you’re having a hard time […]
Read postMay 23, 2018
In today’s wireless world, it’s essential to be smart about your dealership digital marketing strategy. Auto marketing used to be reasonably straightforward. You’d place a weekly ad in the newspaper, schedule a bulk mailer campaign to go out every few months, and then you’d rely on cold calling and dealership visitors for the rest. Now […]
Read postMay 16, 2018
You may feel confident in your knowledge of Do Not Call regulations, but are you sure your car dealership texting is TCPA compliant? Texting is an excellent way for auto dealers to communicate with clients, but along with its popularity comes the need for car dealership texting guidelines to protect consumers from unwanted solicitations. You […]
Read postMay 9, 2018
Bad reviews pop up from time to time, but are you prepared to defend your dealership reputation when it’s under attack? Word of mouth has always been a factor in a car dealer’s success, but the internet has increased the speed at which information travels. Dealerships are under more pressure than ever to maintain a […]
Read postMay 2, 2018
One of the best ways to protect your dealership is by establishing strong F&I training practices. F&I training may not be every manager’s favorite topic, but with dealership compliance, the business office can’t be too careful. By training and staying up-to-date with compliance regulations, even the most experienced business managers can learn something to prevent […]
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