Do you really need to spend money on Special Finance Training? How hard can it be, right? With over 30,000 dealers nationwide offering indirect financing, you would think a major portion of those dealers would have a solid grip on subprime. However, the truth is, only about ten percent are really succeeding in special finance.
Shortly before the Dodd-Frank Act was passed in July of 2010, NADA was strongly lobbying in Washington, DC to keep franchise auto dealers out of the purview of the Consumer Financial Protection Bureau (CFPB). By the time the bill cleared, committees were ballyhooing that they had succeeded and that franchise dealers (and some select independent
At the upcoming Dealer Summit in Tampa, FL (May 3-5, 2016), the DealerStrong leadership team will be presenting on a variety of topics representing their expertise in Special Finance (SF), Human Resources, Business Development Centers and more. The following is a listing of their Dealer Summit sessions: Greg Goebel, President & CEO Keynote Speaker – State of the
If you want to improve and strengthen the operation of your dealership Business Development Center (BDC), it’s not uncommon to bring in a third party trainer. A third party trainer can provide you an evaluation on your processes, team performance, and show you areas for improvement. They can train your team based on the best
You’ve just hired a new employee. You have no formal training program in place in the dealership for this position, just the basic new hire meeting. The new hire will begin work on Monday and a training class, specific to the job you are asking them to perform, is being offered next week, but not