Visit us at https://www.cal-surety.com/auto-dealer-bond/ or call us at 866-357-4405 for the best rates on a wholesale or retail car dealer bond. Don’t forget to ask about our 30% down payment option!
YOUR CAR DEALER BOND offers a financing program allowing California dealers to purchase DMV dealer surety bond in manageable monthly installments.
How fast do you want to take action? All used car dealers, regardless of the state
operated in, should fully understand the fundamental ‘rule of 300’ because it helps
increase sales. Typically, ROI increases within three to four months, possibly
even two months. But that is up to you. This concept applied in conjunction
with the SWOT analysis video below will help you:
Focusing on the end result along with a key thought process is detailed in the video below:
The rule of 300 was taught to me by Brian Weaver. Brian, if you’re out there buddy, thanks a bunch! This was also a concept of Troy Billen (00:01:19). Shout out to you, Troy. Where you at?
Here is the rule of 300. You will sell 100% of your products to 100% of your customers 100% of the time. You leave no stone unturned. But some of the new sales guys hate to hear the word “no” because it shatters their confidence. They replay the scenario in their head on the way home. The customer bought the car but didn’t purchase the aftermarket products that were offered for X, Y, Z.
It should be clear that a car is going earn you X amount of dollars. If you’re selling aftermarket products, that will generate another set of revenue. These additional revenue streams will incrementally increase as you include other products to sell, but they must be significant as well as relevant to your buyers.
Check out our video for full details of the rule of 300 and how it will increase your car sales.
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YOUR CAR DEALER BOND evolves simultaneously with the dealer surety bond industry and the good folks who operate in it. We work tirelessly to improve our system through constant monitoring and analysis to prevent us from explaining our shortcomings to you.
As a small company, we are able to quickly modify our practices to adapt to changes in the dealer world as needed. And we do this while still offering the highest quality experience for our used car dealers.