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Stories from the Sales Frontlines

47313 messages,  Last post on Nov 09, 2009 at 8:44 PM

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What is this discussion about? Car Buying


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#2323 of 47313
Re: How far are you willing to go for the sale? [toyotamover] by tsgeisel
Jul 24, 2006 (10:49 am)
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Replying to: toyotamover (Jul 24, 2006 9:30 am)

How can you tell what customer you'll be able to sell a car to?
 
When I was doing the other commission sales job, I would have loved to figure out how to determine that. Because I had my fair share of enthusiastic folks who were essentially just yanking my chain, unenthusiastic folks who wound up buying, and, of course, a few people for whom I just lost the sale somehow.
 
But nobody I ever worked with could say for certain "This person *will* buy", although it was much easier to learn who *wouldn't* buy.
 
Talk to everyone; that's my theory.
#2324 of 47313
Re: How far are you willing to go for the sale? [toyotamover] by cluedweasel
Jul 24, 2006 (10:56 am)
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Replying to: toyotamover (Jul 24, 2006 9:30 am)

It took me a while to realise that making a sale wasn't always the best scenario. There was one guy I remember well. He was a surgeon and liked to make sure everyone within earshot knew it. Came in on a Saturday. Insisted on driving every car in the range from the few left over I35's up to the QX56. Then had to drive the one's he liked again.
He finally settled on the G35 sedan, about 3 hours after we'd decided that would probably be the best car suited to him. Then he couldn't decide on a color so he asked me to line up his favorite 4 so he could see them next to each other.
Then when I finally had him settled on a car, he didn't want it because it had 22 miles on the clock so it "wasn't new" in his eyes. Luckily I found an identical car with 8 miles on it. He still complained about that (I never saw one come in with less than 5 on it) but said he could live with it.
So, we had to test drive the latest one I found which was fair enough. The store policy was no sale with no test drive.
Then it came down to the numbers. He named his price (thank heavens). He wanted $500 over invoice. My SM could see I was suffering so he wrote it up at that with no arguments. Of course it wasn't that easy. Our price was $400 more than his reasearched price. The dreaded ad fee again. So it was out with the Infinit invoice and 30 minutes of accusations over fake invoice prices and why should he pay the ad fee if this particular car hadn't been advertised. We ended up taking another $200 off and he accepted that.
One good thing about the whole deal was that he had no trade. Then, while he was waiting for F&I, I made the mistake of mentioning the Infiniti satisfaction survey. Like most of the industry these surveys were 100% for pass or anything else for fail. Also, our bonuses were tied to these surveys. You needed 96%+ average to qualify for volume bonuses so these things were vital. Of course, Dr. Kildare wasn't having any of this. He never ranked anything 100% because it implied perfection and left no room for improvement. Then again, he was an avid golfer and let me know that he could be persuaded to change his mind for a couple of boxes of the golf balls we sold. Those were $36 each so I gave up $72 of my mini for a good survey.
Off he trots to F&I and takes 4 hours (on a Saturday remember) arguing over every detail, phoning his brother (a bank manager) to read over every line of small print in the sales contract and the loan agreement.
Finally, after 10 hours, he drives off into the sunset. Over the coming week he 'phoned me over 20 times with questions about the car, complaints about it's condition (it was spotless), etc. Get the survery in a month later. Everything is marked fair (50%) or good (75%). The funniest one was "Did the sales consultant spend enough time..." which he marked as fair and wrote a comment in about me rushing him and not showing him enough choice of vehicles. Needless to say, that pushed mine and the stores average down for the month and I lost all my bonuses, probably about $3000.
At least it taught me one lesson that still sticks with me. Some customers are just not worth having.
#2325 of 47313
Saw an episode of "King of Cars"... by lemko
Jul 24, 2006 (10:58 am)
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..where they had that one salesman in the persona of the Blue Genie try to sell a car to this couple who had never heard of the Blue Genie and didn't like anything that was shown to them from a minivan to a used Cadillac. On top of that, the couple had bulletproof credit. I think I remember hearing Chop say that selling to person with good credit was tougher than those with poor credit. What does anybody think about this?
#2326 of 47313
Re: Saw an episode of "King of Cars"... [lemko] by theflush
Jul 24, 2006 (11:04 am)
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Replying to: lemko (Jul 24, 2006 10:58 am)

People with good credit can afford to be chooosy, people with bad credit can't.
#2327 of 47313
Re: Hidden trades etc. [zodiac2004] by snakeweasel
Jul 24, 2006 (11:11 am)
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Replying to: zodiac2004 (Jul 24, 2006 10:26 am)

Mark/Snake's point: Not so.
 
Not to rehash a point but if they don't spend their money on a car they will spend it on something else and generate more tax revenue.
#2328 of 47313
Re: How far are you willing to go for the sale? [cluedweasel] by bobst
Jul 24, 2006 (11:12 am)
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Replying to: cluedweasel (Jul 24, 2006 10:56 am)

Very interesting story, Clue. I guess you sales guys eventually learn that some customers are not worth the trouble.
 
However, it is nice to hear that our CSI scores are so important. On our last two car sales, I gave the sales people perfect scores and added in complementary verbal comments as well.
 
When we bought our 1999 Accord, however, I was not pleased when the sales person tried to cheat us out of some options we had paid for. We eventually got the options we wanted, but I gave them a very low CSI score, with zeros on some categories. I have always hoped that it affected them financially, so maybe they would be less inclined to cheat buyers in the future.
#2329 of 47313
Re: How far are you willing to go for the sale? [toyotamover] by bigdveedubgirl
Jul 24, 2006 (11:29 am)
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Replying to: toyotamover (Jul 24, 2006 9:30 am)

That sounds like every Audi client! It depends on the situation. During the week, I have the patience of a saint. On Saturday, not so much. And it depends, If they are appreciative of the time I spend with them, I usually do not mind, because for some people who only buy a car every 10 years it is a big deal. Usually, if they start asking how much over invoice, I let them know real quick it is more like how much off of sticker. I do not mind a mini as long as I am appreciated, but If I am worked like a dog and get a crappy csi, I am out. I had a customer who I found a car in florida, shipped it here did all kinds of extra stuff, and I got a crappy csi because the front license plate holder. And that was a mini deal
#2330 of 47313
Re: How far are you willing to go for the sale? [theflush] by toyotamover
Jul 24, 2006 (11:31 am)
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Replying to: theflush (Jul 24, 2006 10:29 am)

It doesn't if someone just comes in for a price. I am talking about the guy that wants to know what different option packages there, all the fine details of each, wants Michelin tires instead of Goodyear etc etc etc... The guy that want to spend an hour with you before you even talk price.
#2331 of 47313
Re: How far are you willing to go for the sale? [cluedweasel] by jipster
Jul 24, 2006 (11:39 am)
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Replying to: cluedweasel (Jul 24, 2006 10:56 am)

Some customers are just not worth having.
 
You showed great restraint in not strangling the good doctor. Maybe, you should have shown up at the golf course and gotten those golf balls back in mid swing.
 
What percent of surveys come back 100%? I would think it very few unless you told the customer it was pass/fail. I remember our salesperson "asking" for a good survey. But, she never mentioned she needed a perfect score. Consequently I marked down on 2 or 3 areas where I thought improvement needed...would probably score a 90-94%. I would have given it to her had I known.
#2332 of 47313
Re: Saw an episode of "King of Cars"... [lemko] by danf1
Jul 24, 2006 (11:40 am)
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Replying to: lemko (Jul 24, 2006 10:58 am)

Usually when a customer says yes to the first pencil, you know there are going to be credit issues. Sometimes people will tell you that if you get them financed they will buy. For the most part, credit challenged peoplw will buy whatever you tell them to if you can get it done for them.

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