12.07.2015 Views

7 KEYS TO SUCCESS - DealersEdge

7 KEYS TO SUCCESS - DealersEdge

7 KEYS TO SUCCESS - DealersEdge

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Key #6 Delinquency ManagementPayment Assurance Devices & GPSADVANTAGES:Audible reminder when payment is dueAbility to disable vehicles for lack of payment (in some states)Aides in repossessions by locating the vehicleDISADVANTAGES:Customers perception is poor and indicates a lack of trustState cure requirements still in effectCan be a substantial capital investment (depending on sales volume)May be used as substitute for good collection practices

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