Tips to get tough Finance deals APPROVED!

Do you ever get stuck when trying to get your finance deal approved?

Sometimes it's the deal structure

Sometimes a co-applicant will help

Sometimes more cash into the car will work
 
Sometimes you need to move them to a new vehicle with manufacturer cash incentives to help reduce the risk OR if they came in on a used car, they may think that's all they can afford.  Sometimes a new vehicle is easier to finance.

Always follow-up with the credit analyst on a declined credit application.  Before you make that call, know what the strengths of the deal are and what the story behind their impaired credit is.

If you are stuck, sometimes an objective perspective will help trigger an idea you hadn't thought of.  Stay connected with others in your community.  Our Profit Drivers Facebook Group is open to Automotive and RV Business Managers and serves as a platform to connect with other professionals like yourself!  Click Here to connect with your community!

What's YOUR Willingness to be a Top Performer?


Posted by ProfitDrivers at 11/23/2009 10:00 PM
Categories: Finance and Leasing
Tags: challenging credit approvals rv business managers more finance approvals tough finance deal approvals automotive business managers
 

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