What’s up CEOs!

There are several reasons why dealers choose to get into the car fleet business. Here are a few potential benefits and motivations:

1. Profitability: Car fleet businesses can be highly profitable. By owning and managing a fleet of vehicles, you can generate revenue through various rental arrangements both short term and long. With efficient operations and proper pricing strategies, you can generate a steady stream of income.

2. High Demand: There is typically a consistent demand for car rental services. Many individuals and businesses require transportation solutions for various purposes.

3. Diverse Customer Base: The car fleet business allow dealers to serve a wide range of customers.

4. Flexibility: Running a car fleet business can offer flexibility in terms of managing your schedule and operations. You can decide on the types of vehicles to include in your fleet, set rental rates, and choose the target market that aligns with your business goals.

And to...

What’s up CEOs! 

Starting an auto dealership can be an exciting venture, but it takes more than just having cars on the lot to generate sales. Running a dealership requires effort and strategy to ensure the business runs smoothly and reaches its full potential. This is where collaboration comes in. In this blog post, we explore how startup auto dealers can collaborate to increase sales, save time, and expand their reach.

1. Collaboration Can Improve the Reconditioning Process

Collaboration can help dealers in many ways. For example, if you collaborate with other dealers, you can get information about the hottest auctions in your area and learn about issues to look out for when buying or selling cars. You can also get recommendations for mechanics and help with handling difficult situations, such as dealing with a mechanic who did a poor job.

2. Collaboration Can Increase Sales & Save Time!

Collaboration can also help increase sales and save time. When someone sends...

What’s up CEOs! 

As a car dealer in Texas, offering financing options to your customers can be a great way to increase sales and attract more buyers. However, there are specific regulations and requirements that you must follow to finance car sales in Texas. In this blog post, we'll explore how to offer financing for car sales in Texas and what you need to know to do it correctly.

First, it's important to understand the lending terms before offering financing options to your customers. Lending terms refer to the language used in the lending industry. The lenders you work with will expect you to know the language.

Next, to finance car sales in Texas, you must obtain a license from the Texas Office of Consumer Credit Commissioner (OCCC). This license will allow you to legally offer financing to your customers. The licensing process involves completing an application, submitting the required documents and fees, and passing a background check. Once you have obtained your...

What’s up CEOs! 

As you know, obtaining a license is a critical step in your journey towards success. However, the licensing process can be a frustrating and lengthy one, and waiting for approval can cause anxiety and stress, especially when it takes longer than anticipated.

It's important to recognize the impact that licensing delays can have on your business. As a CEO or entrepreneur, you need to cover expenses and generate revenue. Any delay in the licensing process can impact your bottom line, which can be detrimental to your business's success.

To combat this, the first step you should take is to calculate your burn rate. Your burn rate is the amount of money you are spending each month to operate your business. 

Once you understand how much you are burning through and how long you can sustain it, you can decide how to proceed.

If you can last for six months without any significant impact on your business, you may choose to wait for your license to be approved....

Hey CEOs!

This LIVE video training for auto dealers is about getting started as a Buy Here Pay Here Used Car Dealer.

You can join this video live for Q&A inside the Facebook group here: www.facebook.com/groups/dreamdealership.

Auto Dealer Business School is dedicated to the professional development of licensed auto dealers. Our classes and programs help to obtain a retail used car dealer license, open a dealership, buy & sell cars as a used car dealer and grow your used car sales business with high profits & happy buyers.

To get started as a BHPH Dealer, you will need…

• The permission to be a BHPH dealer (depends on state)
• Software to manage the customers and the cars
• Define your program
• Define the cars that will be sold with BHPH financing
• How to Finalize the sale

BHPH can be challenging if the program is not run with the intention to increase paid-in-full accounts and decrease repossessions.

The NO Repo BHPH program can help startup dealers sell more cars by...

Hey CEOs!

A dealership is where you can buy wholesale and sell retail. No matter what the license is called, regardless of if you have an office only, or an office with a display space or a car lot, in any state, you have a dealership.

Owning a dealership means you are the responsible party. You are also the benefiting party and the controlling party.

Owning a dealership is an investment in a wealth-building plan.

A dealership can be an income-generating asset as long as you have positive cash flow.

I explain more about owning a dealership in the above video.

Hey CEOs!!!

I want to share with you the process of how startup auto dealers sell luxury cars.

I haven't told the whole story about what really helped me have a profitable car lot fast. It was selling luxury cars. 

Now... I had opened a new car lot. We didn't have much inventory. I knew luxury car sales are a recession-proof market and have bigger profits so I sold luxury cars to make the car lot profitable quickly.

The video above explains the process in detail.

There is also a free online workshop to help you set up the process to sell luxury cars in your dealership.

To join the workshop, go to www.autodealerbschool.com/lux.

Hey CEOs!

This week's Auto Dealer Newbie training is all about how you can make six figures selling cars from an office.

You can join this free training LIVE for Q&A inside the Dream Dealership Facebook group at www.facebook.com/groups/dreamdealership.

What you believe is what you achieve so start believing it's possible to earn a six figure income with a small dealership.

Join me in NASHVILLE for the Dealer Center Workshop on August 18th (Correction). Get details at www.autodealerbschool.com/specialevent.

Get a Dealer Center 90 Day FREE Trial at www.autodealerbschool.com/dc

Get Startup Funding for your Dealership of up to $50k. Email me at [email protected]

Join the Six Figure Dealer Club. Schedule a Strategy Session at www.autodealerbschool.as.me.

Join the Sales Challenge and Sell More CARS at www.autodealerbschool.com/salespush.

Check out the FREE Auto Dealer Newbie training below.

Hey CEOs!

Are you wondering how to put the pieces together now that your license has been approved? In this video, I discuss the steps necessary to open your dealership and sell your first car.

Some helpful links include...

 Join me live inside the Facebook group at www.facebook.com/groups/dreamdealership.

Hey CEOs!

Everyone wants to be successful. Before I started the Auto Dealer Business School, I tested my methods on one student, Glenn. I documented all the vehicles he purchased and sold from the program in the $99k report.

Joining me in this video is one of the members of the Six Figure Dealer Club. He downloaded the $99k report and decided he wanted to be a case study just like Glenn.

Listen to how his journey has been so far in the video below.

In the video, I mention...

• The $99k Report www.autodealerbschool.com/99kreport
• Join the Sales Challenge www.autodealerbschool.com/salespush

• How to join the Six Figure Dealer Club Schedule a Strategy Session www.autodealerbschool.as.me

• How to join the live video - Join the Facebook Group at www.facebook.com/groups/dreamdealership

I'm ready to build your dream dealership when you are!