Dealers, get prepared for a strong focus on leasing for all brands! Scotiabank has entered the leasing market in Canada, being the chosen financial institution for Volvo and Mazda leasing in Canada. In December 2010 TD Financing Services purchased Chrysler Financial, surely with the intention of expanding into leasing also. And now, the deal between GM Financial Company, Inc. and FinanciaLinx finalized April 1st, 2011. To (more…)
On February 4th 2011, three white males, described as about 25 years of age, and driving a BMW convertible, stopped at a dealership in South Surrey. They expressed an interest in an Infinity and a salesperson assisted them by starting the motor. One of the males asked to see the smart key, and when the key was handed to him, drove away in the vehicle. The vehicle has since been reported stolen to the police. These same (more…)
In the month of October, the Vancouver Police have identified a suspect that has stolen five Escalades and attempted a sixth.
The suspect is an E/I male who brings along another male (sometimes E/I and heavy set and sometimes a W/M thin and gaunt). He asks to see the Escalades (not test Drive) and one male distracts the salesman while the key switch occurs. The suspects then return and steal the vehicle, stripping the wheels from the truck. We (more…)
This form is for the consumer, to claim back the provincial portion of the HST they paid on goods purchased in a participating province (BC, New Brunswick, Newfoundland and Labrador, Nova Scotia and Ontario) and brought into a non-participating province, or into another participating province for which the provincial part of the HST is lower.
Print & keep copies for your customers: Rebate form, GST495 E (10) (more…)
Here’s a tip for business managers that refinance a customer’s automotive or RV loan within 90 days of the original purchase and finance contract signing…
Loans refinanced with the same lender within 90 days are subject to be paid NO dealer reserve OR at the best, the business manager will be paid the difference between what was paid as DR for the first loan and what will be paid as DR for the new, refinanced loan. (more…)
“LGM has announced a strategic alliance with ONE-EIGHTY CORP. that will see integration between the ONE-EIGHTY’s DLS Accelerator and LGM’s e-Contracting portal known as the Dealer Resource Centre (DRC)…” (more…)
June Survey Results Reveal That Most of Us Want MORE SALES!
Tuesday, August 24th, 2010These results speak clearly that most of us face the same challenges…primarily that we need more vehicle sales!
#1/ We asked: What is the biggest challenge you face in your career?
You said (based on total # of respondents):
Need more sales 76% (more…)
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