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5 Outdated Sales Tactics That Are Costing You Customers

Auto Alert

5 Outdated Sales Tactics That Are Costing You Customers Car shoppers have changedhas your sales approach? Stop using these five outdated dealership sales tactics that cost you deals, and learn what works. Here are five outdated sales tactics that might be costing you customers: 1.

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Digital Solutions to Counter Increasingly Sophisticated Fraud

DealerTrack Insights

Know your customer” verification steps are vital to ensure that customers are who they say they are, have legitimate and verifiable employment and income, and are authorized to purchase a vehicle in the U.S. A digital compliance solution can help dealerships detect fraud attempts at every step of the deal.

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FCA extends motor finance complaint deadline

Motor Trader

The Financial Conduct Authority (FCA) is giving finance houses and dealers more time to deal with complaints on motor finance commission. In January this year it announced a review into whether motor finance customers have been overcharged because of the past use of DCAs.

Finance 101
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3 Ways to Safeguard Your Dealership in a Consumer-Driven Market

DealerTrack Insights

Establish a culture of compliance The best way for dealerships to protect themselves in this environment is by creating a culture of compliance, data security, transparency, and honesty with customers. Be sure every customer receives the right consumer notices at the proper times during the deal process to document any exceptions.

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Anderson Clark Motor Repairs sold to Employee Ownership Trust

Motor Trader

Managing director Graham Clark, who formed the company in 1996 with his late business partner David Anderson, said: “People have always been at the heart of what we do, we have fabulous staff and great customers. This story continues at Anderson Clark Motor Repairs sold to Employee Ownership Trust Or just read more coverage at Motor Trader

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FCA gives finance firms more time to respond to commission complaints

Motor Trader

“Our next steps could involve consulting on a redress scheme. Or it could involve asking firms to start dealing with complaints again as usual, in which case we would consult on ending the pause earlier. If we can set out our proposed next steps sooner, we will.

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Four Simple Steps to Elevate Your F&I Performance Starting Today!

Vanguard Dealer Services

Are they familiar with the benefits these products provide to customers? These meetings should be brief but informative, covering current deals, short product overviews, and addressing any questions. These meetings should be brief but informative, covering current deals, short product overviews, and addressing any questions.

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