CarsDirect.com

Wednesday, April 30, 2008

It stinks to be a finance manager! Sometimes...

We're now at the end of April and My dealership will finish the month with a little over 50% cash deals. For a Finance Manager that is a really bad situation. We make our money securing financing and selling warranties, and cash customers are a tough sell.

When I took this job it was to be a bad credit specialist and to help customers with bad credit get approved for loans, but apparently my dealership is asleep at the wheel, because they are not buying the right inventory, and have not been advertising right.

I may be writing this blog from a new dealership soon. I'd prefer one that actually knows what they are doing with regards to sub-prime credit.

Sorry for the rant, but I'm a little disgruntled with this place. That's why I created a blog...to vent! Actually, I created this blog as a place to "spill the beans," and help consumers in need, but to be able to vent is a nice side effect.

I've now transferred all my posts from my old blog, that might be of interest, and all I have left to do is post all of the car buying tips. I currently have 26 in all, so keep checking back, this blog will always be updating.

Feel free to start asking some questions, now consumers don't have to email me like they used to with that other worthless blog I had.

Look forward to hearing from you.

In the mean time...

Take care and beware,
J the Car Guy

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