Auto Dealership Business

Author : Jack Porter
Publisher : Independently Published
Page : 194 pages
File Size : 54,8 Mb
Release : 2019-06-12
Category : Electronic
ISBN : 1073602354

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Be Your Own Boss! Used Car Dealership Business Startup by Jack Porter Pdf

Be Your Own Boss! Used Car Dealership Business Startup A Detail Step By Step Guide to Starting a Successful Preowned Car Lot Business for All 50 States Have you ever wanted to be your own boss? Are you looking for a rewarding career? Do you consider yourself a master salesman, or maybe want to become one? Are you looking to start a business that really matters? Car dealership owners provide a much-needed service to our communities, and this service is with a personal touch that cannot be achieved via an online-only buying experience. Sometimes it appears that there are more cars on the road than people already, how could you possibly make any money in this industry? The market has never been better for individuals who are striving to begin their own used car dealership. Used car dealerships are a recession sturdy business model. With my 30 years of hands-on experience in the automobile dealership industry, this book fulfills my need to give something back. I share all of my wisdom and time-honored advice for venturing into your dream career! My family memories involve selling baseball cards at the local flea market and traveling to auto auctions with my father and Uncle Sam. I was an adult at the time of my first auction, but I felt like a kid on his way to the circus. I became captivated by all of the action happening between the auctioneer and the people with the paddles. My Uncle Sam's voice cut through the bidding to yell the winning bid for a beat-up and rusted yet supposedly reliable pick-up truck. Three weeks and two paint jobs later, I was able to watch him sell it for a $3,500 profit. I was immediately hooked. Ever since then, I knew I desperately wanted to sell used cars, but not just for the insane profits. I once sold a gently used Volvo in great condition to an elderly couple who were completely thrilled to have it. They wanted it for safety reasons and of course its record of reliability. That made me proud. Moments like these make it all worth it. Car salesmen have to be therapists, educators, and extended family all rolled into one. The entire experience can be very rewarding! If you have a passion for cars, helping others, and making lots of money, you cannot go wrong with starting your own car dealership. In this "Be Your Own Boss! Used Car Dealership Business Startup" book, I show you everything you need to know, from start to finish of how to run a used car dealership. You can even start from the comfort of your own home! You'll learn the basics like: What impact the car industry has Why you should start a used car dealership NOW How to complete market research What the pros and cons are of starting a used car lot How & Where to buy your inventory How to Navigate through the two big Auction Houses How to price your stock How to market yourself Most importantly, I give you some cold, hard facts. What your initial startup costs will be How to finance The legal requirements What licenses you'll need Answers to some difficult issues you'll face What legal issues you need to consider Licensing requirements & Fees for all 50 states All of this is sprinkled with my time-tested advice and experience. I yearn to give back and mentor some up-and-coming entrepreneurs! I also include a full listing of instructions and regulations to start your own used car dealership, broken down by state in an expansive appendix. With this all-inclusive guide, you will have all the tools you need to begin the greatest journey of your life! As an added bonus, with the purchase of this paperback book, you can also download the eBook version for FREE!

Author : Robert Genat
Publisher : MotorBooks International
Page : 172 pages
File Size : 54,7 Mb
Release : 1999
Category : Automobile dealers
ISBN : 9781610608039

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American Car Dealership by Robert Genat Pdf

Author : Max Zanan
Publisher : Unknown
Page : 128 pages
File Size : 51,8 Mb
Release : 2019-10-09
Category : Electronic
ISBN : 1691591327

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The Art and Science of Running a Car Dealership by Max Zanan Pdf

This book is the pocket guide I wish I had when I first became a general manager of a Mitsubishi dealership in New York. Honestly, I am not the brightest star in the sky and made every mistake anyone could've possibly made. Unfortunately, I see dealer principals/general managers/general sales managers making the same mistakes today. The only difference is the time and consequences of these mistakes. I got my first GM gig in 2004. That was in the beginning days of the Internet, before millennials joined the workforce, and way before any viable disrupters entered the market space. It was a lot easier to get away with mistakes then. I don't think you could get away with making the same mistakes now. The stakes are too high. Automotive retail profit margins are tiny. According to the National Automobile Dealers Association (NADA), automotive net profit margin as of March 31, 2019 was merely 1.38 percent. As a result, every misstep makes it harder to stay in business.The car business desperately needs better leadership skills, understanding of social media, inventory management, fixed operations, and so much more. There is no educational barrier to the entry into car business, and there are only a handful of universities offering a major in car dealership general management, such as Liberty and Keiser. On top of that, only a tiny percentage of dealer principals and general managers attend the National Automobile Dealer Association University. That means that a vast majority of general managers receive training on the job, even if we took business-related classes in college. The auto business is a different animal. General information will only carry you so far. That is exactly why general managers make the same mistakes year after year. My goal is to break this vicious cycle and provide as much information as possible to ensure that automotive retail survives the disruptions we are witnessing today. We need to be ready for the next generation of car buyers, people who are more computer savvy and not afraid to search for better deals. According to surveys, 80 percent of millennials plan to buy a vehicle in the next five years. In fact, millennials worldwide will buy about 40 percent of all vehicles in the next decade. At the same time, they spend an average of 17 hours on line before going to a dealership.Are you ready for them?

Author : Aaron Simmons
Publisher : Createspace Independent Publishing Platform
Page : 140 pages
File Size : 49,6 Mb
Release : 2017-04
Category : Electronic
ISBN : 1545112819

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How to Start, Run and Grow a Used Car Dealership on a Budget by Aaron Simmons Pdf

How to Start, Run and Grow a Used Car Dealership on a Budget Start Part-Time or Full-Time Right from Home-Start Your Own Used Car Business It is not hard to become a used car dealer even if you are on a tight budget. As far as the income potential is concern, it is higher than most other side gigs you will find. Just imagine this, you buy a 6 years old Toyota Camry with 87K miles for $4,500, you bring it home, clean it up, fix few minor scratches, wash it wax it, then put it up for sale on Craigslist for $7100. In the first three days you get a few calls, and after 4 test drives, you sell it for $6,600. Let's see how much you made from this sale. You paid $4,400 + you spend $350 on fixing minor issues, so your total cost was $4,750, but you sold it for $6,600, so your net profit from this sale is $6,600-$4,750 = $1,850 Not bad for few hours of work. You see if you buy the right type of cars and price them right, there is no reason you can't sell 2-3 cars a month and make a handsome extra income each month. I have a friend, who has a small insurance business. He has been selling cars on the side for last 25 years, and he told me just by selling 2-3 cars a month, he was able to pay for college for all his three kids. On the other hand, if you want to grow, then start small but reinvest the profit you make from selling each car back into the business and soon you will see, you are growing at a fast and steady pace, but you have to be focused and dedicated. Let's See What You Will Learn From This Book: 12 Steps to get started All 50 State licensing requirements Bond and insurance you will need Personal financial statement & sample How to incorporate and Name your business Sample Article of Incorporation Which is the best legal business entity for you How to get a EIN number and open a Commercial Bank account Where to get all your dealer supplies and Forms What and how Auction houses work How to get started on a tight budget How to find financing for your new business All Legal requirements How to develop your Inventory How to sell cars How much can you make How to do it part-time from home Dealer management software How to grow your used car dealership Enjoy and good luck!

Author : Max Zanan
Publisher : Independently Published
Page : 102 pages
File Size : 50,6 Mb
Release : 2018-12-24
Category : Electronic
ISBN : 1792652925

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Car Business 101 by Max Zanan Pdf

Automotive retail is at crossroads--either it gets better or becomes extinct. Consumers are dissatisfied with the sales process in brick and mortar dealerships and that is the driving force behind the rise of Carvana and other industry disrupters. However, it is not too late to fix the way car dealerships operate and improve their reputation. Car Business 101 highlights irrational and counterproductive behavior that car dealers engage in on a daily basis. If you own or work in a car dealership it will be easy to recognize insanity that goes on in Sales, F&I, BDC, HR, and Parts & Service departments. This book offers a fresh perspective and plenty of practical solutions that should be implemented as soon as possible. It is informative and entertaining at the same time. It is a must read for dealer principals, dealership employees, and vendors that service car dealers.

Author : Carl Sewell,Paul B. Brown
Publisher : Crown Currency
Page : 241 pages
File Size : 44,6 Mb
Release : 2009-07-01
Category : Business & Economics
ISBN : 9780307567314

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Customers for Life by Carl Sewell,Paul B. Brown Pdf

In this completely revised and updated edition of the customer service classic, Carl Sewell enhances his time-tested advice with fresh ideas and new examples and explains how the groundbreaking “Ten Commandments of Customer Service” apply to today’s world. Drawing on his incredible success in transforming his Dallas Cadillac dealership into the second largest in America, Carl Sewell revealed the secret of getting customers to return again and again in the original Customers for Life. A lively, down-to-earth narrative, it set the standard for customer service excellence and became a perennial bestseller. Building on that solid foundation, this expanded edition features five completely new chapters, as well as significant additions to the original material, based on the lessons Sewell has learned over the last ten years. Sewell focuses on the expectations and demands of contemporary consumers and employees, showing that businesses can remain committed to quality service in the fast-paced new millennium by sticking to his time-proven approach: Figure out what customers want and make sure they get it. His “Ten Commandants” provide the essential guidelines, including: • Underpromise, overdeliver: Never disappoint your customers by charging them more than they planned. Always beat your estimate or throw in an extra service free of charge. • No complaints? Something’s wrong: If you never ask your customers what else they want, how are you going to give it to them? • Measure everything: Telling your employees to do their best won’t work if you don’t know how they can improve.

Author : Max Zanan
Publisher : Unknown
Page : 156 pages
File Size : 49,6 Mb
Release : 2020-07-13
Category : Electronic
ISBN : 1641844019

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Effective Car Dealer by Max Zanan Pdf

This is my fourth book on the auto industry, and I have written it because this business is complicated, sophisticated, and ever-changing. Automotive retail is changing slowly, and one of the main reasons for that are the franchise laws. I want to urge you to operate as though franchise laws don't exist to protect you. Carvana is not going anywhere and neither is Amazon. At some point they will join forces. Also, OEM's such as Tesla, Rivian, and many more are going to go directly to the consumer, bypassing the dealer network altogether. At the end of the day, awesome customer service, whether in sales, service, or parts, will keep your customers coming back for more. Poor service and a cumbersome sales experience will drive them elsewhere-Carvana, CarMax, Tesla, Jiffy Lube, Firestone, Good Year, Valvoline, NAPA Parts, Pep Boys, etc.COVID-19 is already having a profound effect on consumer behavior and the way in which we buy and service cars. I predict that there will be two types of dealers after this pandemic abates-the first will change their business operations, adopting frictionless digital and showroom retail; the second will hope that things go back to normal and that nothing needs to change. Unfortunately, the second type of dealer will be out of business. It is ultimately your choice whether to accept change. Consumers will continue to purchase cars. The only question is: Will they will be buying from you?

Author : Ron Ash
Publisher : Createspace Independent Publishing Platform
Page : 84 pages
File Size : 53,5 Mb
Release : 2018-02-12
Category : Electronic
ISBN : 1985375613

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How to Start a Used Car Dealership with Little to No Money by Ron Ash Pdf

I promise not to make this complicated. This book will be a continued value to you throughout the life of your business. You will find things in this book that established car dealerships do not want you to know. We'll discuss the ins and outs of the auto sales industry. You'll be shown insider resources into buying, selling and financing vehicles. Secrets behind financing your inventory, sales and business will be given. I'll teach you how to be retail ready and poised for success. You'll learn how to gain instant equity to be used to grow your business. After reading this book, you will be able to start your own car dealership with little to no money and run it successfully for years

Author : Kevin Thomas
Publisher : Dog Ear Publishing
Page : 154 pages
File Size : 51,9 Mb
Release : 2010-06
Category : Electronic
ISBN : 9781608446353

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How to Make Extreme Profits in Your Used Car Operation by Kevin Thomas Pdf

"Kevin Thomas delivers the must read business book of the year for anyone looking to get into the used car business. Kevin combines valuable insight with real how-to techniques that will shorten your learning curve and get you profitable fast. Just executing his Right System concept alone will add thousands to your bottom line." Cory L. Mosley, Auto Industry Sales & Marketing Expert and Founder of Mosley Automotive "Kevin has proven time after time his ability to take an auto dealership to the next level and beyond. His understanding of the entire used car operation, from procuring inventory, to reconditioning, sales, and financing is thorough and his business ethics insure him success time after time. I knew Kevin would be successful, and he has surpassed even my ambitious predictions." Joe Callahan, President Callahan Coachworks Are you an auto dealer wondering how to manage stagnant growth and low profits? Are you afraid the current economy will force you to close up shop? Let's face it. Our industry has changed dramatically in recent years. But as a dealer, when I turned to the so called Guru's for answers to my questions, their advice and ideas were stale and out of touch. I decided to take control. While I couldn't influence gas or stock market prices, I could harness my fifteen years of industry experience and focus on controlling "three vital components" of my business: customers, inventory and processes. How to make Extreme Profits in Your Used Car Operation is the most valuable resource on the market today, offering you answers to the questions dealers routinely grapple with. It's a simple plan to help you master the "three vital components," get predictable and consistent results, and ensure your dealership's long-term success. Kevin Thomas knows what it takes to create a successful automotive dealership. The owner and operator of several of Georgia's most successful stores, former President of the Georgia Independent Automobile Dealers Association, and winner of the prestigious Quality Dealer Award; this fifteen year veteran's in depth industry knowledge results from firsthand experience in a wide range of new and used car dealership positions from sales consultant to general manager. A visionary and a trendsetter, and a graduate of the Professional Business Coaching Alliance's School of Coaching, Kevin masterfully combines his hard earned entrepreneurial expertise with his intimate understanding of the automotive world, sharing his knowledge and ideas with companies and industry professionals around the world. On the Board of Directors for the local Chamber of Commerce, and President of the local Rotary Club, Kevin is happily married to his wife and business partner Karyn. They have three children; Ann Marie, Morgan and Kevin Jr.

Author : John A. DaRe
Publisher : CreateSpace
Page : 218 pages
File Size : 41,7 Mb
Release : 2011-09-30
Category : Business & Economics
ISBN : 1463779488

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Car Business 101 by John A. DaRe Pdf

Car Business. Getting started in the car business, How to Get a Dealer License - Without the Typical Car Lot and Expenses. How to buy and sell cars for profit. How to set up your own - Car dealership, Auto Broker. How and where to Buy cars - How to Appraise a car - Where to Sell your Cars. Learning the Auction Process - Being Licensed to Buy and Sell at any Dealer Auction in the Country. Even Sources for Money to Buy your Cars, Nothing is left out. Have been teaching people since 1998, on How to get into the Car business. This Book is based on 20 plus years in the Car Business, and still active today !

Author : George Nenni
Publisher : Unknown
Page : 86 pages
File Size : 53,9 Mb
Release : 2020-02-02
Category : Electronic
ISBN : 9798600710771

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A Car Dealer's Guide to Google My Business by George Nenni Pdf

You never get a second chance to make a good first impression! It's estimated there are more than 2 trillion Google searches per year--and 46 percent of all Google searches seek local information. But when shoppers find your store online, will they come? In this timely how-to book, online marketing guru George Nenni walks you through the process of mastering Google My Business, a free online platform for listing your key business information, including address, contact information, photos and reviews. Google My Business is a proven tool for helping businesses increase their visibility with local shoppers. A Car Dealer's Guide to Google My Business shows you how to: * Create a GMB account for single or multiple locations * Refresh and verify your GMB content to stay current * Answer customer questions and monitor reviews to protect your brand * Know which queries car shoppers use for better SEO * Know where customers are searching by zip code * Oversee your listing analytics via the GMB dashboard. Don't just help car buyers find you on Google Search or Google Maps, sell them at the point of discovery!

Author : Steve Stauning
Publisher : Createspace Independent Publishing Platform
Page : 418 pages
File Size : 48,8 Mb
Release : 2018-07-16
Category : Electronic
ISBN : 1722816724

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Assumptive Selling by Steve Stauning Pdf

Assumptive selling is about knowing everyone is a buyer... and knowing that the first time you believe someone is not, you'll be right. Take charge of your sales career by recognizing that everyone is a buyer and they want to buy today. What's more, is that if you do take charge, if you are direct, and if you provide the right guidance, they'll want to buy from you!

Author : Joe Girard
Publisher : Simon and Schuster
Page : 196 pages
File Size : 51,5 Mb
Release : 2006-02-07
Category : Business & Economics
ISBN : 9780743273961

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How to Sell Anything to Anybody by Joe Girard Pdf

Joe Girard was an example of a young man with perseverance and determination. Joe began his working career as a shoeshine boy. He moved on to be a newsboy for the Detroit Free Press at nine years old, then a dishwasher, a delivery boy, stove assembler, and home building contractor. He was thrown out of high school, fired from more than forty jobs, and lasted only ninety-seven days in the U.S. Army. Some said that Joe was doomed for failure. He proved them wrong. When Joe started his job as a salesman with a Chevrolet agency in Eastpointe, Michigan, he finally found his niche. Before leaving Chevrolet, Joe sold enough cars to put him in the Guinness Book of World Records as 'the world's greatest salesman' for twelve consecutive years. Here, he shares his winning techniques in this step-by-step book, including how to: o Read a customer like a book and keep that customer for life o Convince people reluctant to buy by selling them the right way o Develop priceless information from a two-minute phone call o Make word-of-mouth your most successful tool Informative, entertaining, and inspiring, HOW TO SELL ANYTHING TO ANYBODY is a timeless classic and an indispensable tool for anyone new to the sales market.

Author : Beth Powell
Publisher : Unknown
Page : 158 pages
File Size : 48,7 Mb
Release : 2016-02-28
Category : Business & Economics
ISBN : 0994521901

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Drive More Business by Beth Powell Pdf

A step by step guide to online marketing for Australian auto dealers

Author : Dale Pollak
Publisher : Greenleaf Book Group
Page : 168 pages
File Size : 47,6 Mb
Release : 2017-10-17
Category : Business & Economics
ISBN : 9780999242711

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Like I See It by Dale Pollak Pdf

Simply Selling More Cars Won’t Be Enough: Revolutionizing the Retail Automotive Industry ​Dale Pollak believes that the car business—and the dealers who make their living in it—are in more trouble than anyone cares to admit. After four decades and three best-selling books, Pollak has witnessed the trials and triumphs of the retail automotive industry from a vantage point that few get. While car dealers are making good money, he warns that the industry is at a critical turning point, with too few paying attention to how inefficiency and lack of transparency are sapping the industry’s true potential. Amid the ever-faster confluence of technology, the Internet, and changing consumer preferences, the future prosperity of the industry is far from secure. Like I See It offers practical solutions, such as making the sales process more customer-focused and digitally driven to encourage sales, managing new and used inventory to mitigate margin compression, and ending factory bonus checks. It spurs much-needed conversations and sets guideposts that help dealers, OEMs, and solution providers improve how they do business. It also shows dealers how to stay relevant, evolve to keep up with the changing times, and deal with issues like high personnel turnover and the coming disruption of ride-sharing, self-driving cars, and Millennials who don’t want (or can’t afford) to own a car. Pollak believes that success will come to dealers who recognize that each customer engagement is a chance to make a positive impact and create a bond. He offers a collectively minded approach that will help build a better, more profitable, and prosperous retail automotive industry for tomorrow.