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Sunday, December 23, 2007

COLOR COUNTS "Some Vehicle Colors Sell Better Than Others"

Let me ask you, have you ever had trouble selling a vehicle that runs out fine, in good condition, and can't understand what's wrong? The answer may be as simple as color. Some people purchase vehicles with a unique color and when it comes time to sell, that's when they run into trouble. Here's a test you can try for yourself. Next time you're in a position that you can see a high traffic street, ( sitting in mall parking lot, eating in restaurant, or any place for at least thirty minutes) try this. Take a pen and paper, write down basic colors, red, white, blue, green, brown, yellow, and black. Check the color for each vehicle you see for thirty minutes, then total up. Odds are WHITE will have the highest count. I'm not saying you need to buy white vehicles all the time, what I am saying is look around at what colors sell well and what colors don't. If you purchase a good selling color, odds are when you are ready to sell, it will bring more money and sale faster than the unique color that is hard to sell and sells for less.

Tuesday, December 11, 2007

IS YOUR CAR SALESPERSON TRUTHFUL ( Tips On What To Ask )

Most car salespeople are paid by sales, and the commission is based on profit margin of the sale. The no sale, no pay, can work for you, or against you in this way. First, if the salesperson is unknown to you, ask how long they have worked at the dealers lot. Don't get me wrong, there are many hard working, honest salespeople that go out of their way to please the customer. They normally stay with a dealer for a long time. Dealers love salespeople that bring in repeat business. Repeat business salespeople are the type you are looking for. Don't be scared to ask if they have customers they have sold to on numerous occasions, and if you may call the customer to make sure they have been pleased with the way they were treated. An up front salesperson would love to give out that information knowing they are closer to a sale. The consumer, if well pleased with the salesperson, would gladly give a good reference. If the salesperson is new at the dealer ask for sales references from prior sales and check those out. I realize some people are new in car sales, so don't hold that against them. Most of the time they try really hard to please you. I guess what I'm trying to say is, make sure you are comfortable with your salesperson. Ask questions, and if in any way you fill the salesperson is not to your satisfaction, ask for another one. I can assure you the dealer will not mind. The dealer wants your business for years to come.

Tuesday, December 4, 2007

TIRED OF ALWAYS HAVING CAR PAYMENTS, STOP TRADING ( UPSIDE DOWN )

Upside down is a word that can keep you in debt longer than normal, unless you are able to control your trading. What is upside down? Upside down means you trade in your vehicle before you have collateral ( owe less than trade in value ). I saw this all the time. A person would want to trade, but after putting the numbers together I would realize they still owed more than the trade was worth. I would always ask, what was wrong with their vehicle. Most of the time the response was, "nothing is wrong with it," I'm just wanting something different. Almost every time, I noticed the vehicle looked the same as it did the day they bought it, except for wear and tear. What I mean by that is they never changed the look. That's a way you control your trading. You can do as little as adding or changing pin stripe ( under twenty dollars gives your vehicle a different look ). Before the next upside down trade read my blogs ( CHANGE THE LOOKS ) and ( HOW TO DETAIL A VEHICLE ); you will be surprised and financially happier with the results. One more thing. After you apply those tips, and later when you have trade collateral, read my blog on HOW TO GET THE MOST FOR YOUR VEHICLE ). You just saved more money. Please let me and your friends know how much you saved.

Monday, December 3, 2007

HOW TO KEEP YOUR AUTOMOBILE FROM BEING ( REPOSSESSED )

The best way to keep your automobile from repossession is simple, do not get behind on payments. I know sometimes people fall on hard times. When this happens, stay in contact with the company or institution making your loan. Most establishments will work with you to help keep your automobile. If your efforts fail, and your automobile is about to be repossessed, check the law in your state. Some states do not honor repossession of a vehicle without going through the court system. The states that do allow repossession without going through the court system still have certain laws that apply. A vehicle cannot be repossessed if inside a closed fence, or parked in a garage with another personal vehicle blocking its exit. In my state, if you verbally tell the repo person you are not going to surrender the vehicle, legally they cannot take the vehicle at that time. The courts will determine the fate of your vehicle. Don't let the repo person use scare tactics; this is against the law.

Saturday, December 1, 2007

USED CAR DEALERS GET A BUM RAP, THE INSIDE TRUTH

In the old day's anyone could open a used car lot, no rules, no regulations; the sky was the limit. Because of that, today's used car dealer ( Independent Automobile Dealer ) does not get the same public approval as a new car dealer, even though the new car dealer is also selling used cars. Here are some facts I need to bring to your attention. I was an Independent automobile Dealer ( used car dealer ). To retail, or wholesale used cars I had to apply for a state license. To receive the license I had to first establish my place of business, have a sign made showing name and phone number of business, take a photo from highway of the lot, the building, and the sign. I had to be finger printed so the SBI ( State Bureau Of Investigation ) could do a background check on me. I had to apply for a State sales tax license. I was required to be bonded for ($ 20000.00 ) dollars. I had to carry commercial insurance. I had to attend a state regulated seminar in which all state and federal laws concerning used automobile sales and all other issues concerning used automobile sales were discussed. At the end of the seminar, I had to pass a test to receive a certified certificate. After all of this is done, I then had to submit everything to the State for a board to review before I received my state license to become a ( Used Automobile Dealer ). If you are lucky enough to be approved you then must apply for a ( master tag ). You must have a master tag for title work . Master tags are also needed with other documentation to register with auto auctions. Used Automobile Dealers can have their License pulled, they can be fined, and sometimes they can go to jail if they break certain rules and regulations. You do not know when a state board approved inspector will show up at your car lot to inspect your files, license, bond, insurance and automobiles. The inspector will leave you a report. Thank goodness I always received a good report. Every two years you have to renew your license. Again, you have to attend a state regulated seminar, pass the test, resubmit to the state your seminar certified, bond, insurance and apply for new master tags. As I told you, new car dealers sell used cars also. The funny thing is not once, and I repeat, not once, did I ever see a new car dealer at any state required seminar to sell used cars. Thus, THE USED CAR DEALER GET'S THE BUM RAP.

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