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Stories from the Sales Frontlines

47958 messages,  Last post on Nov 29, 2009 at 6:27 AM

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What is this discussion about? Car Buying


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#37504 of 47958
Re: No Call Back [sandman46] by jipster
Jan 02, 2009 (10:29 am)
Reply

Replying to: sandman46 (Jan 01, 2009 4:14 pm)

Sandman, don't let it bother you... just he way some dealerships do business. They probably had 10 Elantras among their dealership group about a month before the ad came out in the paper. Seems it would be fairly easy to call a newspaper and edit the number from "10" available to "2" or whatever .... but that wouldn't be good for business (getting people to call or come in) now would it?
 
As for the salesman not calling you back, just find another one who puts the customer first. As we all know turnover is very high in car sales, this guy probably is on his way out and could care less... he's probably looking for a quick score. Knowing there are no Elantras left, he's thinking why bother with someone who won't be buying.
 
gg, that would be the "Jipst Method" of car buying, which is protected by patent # 568-98A-5N34-21SK057. The "Jipster Method" would be packing a dinner as well as the sack lunch... not yet patented.
 
oldfarmer, thought you farmers could hold your booze better. Next time have jmonroe drop you off at your front door, instead of sticking you headfirst into a snow bank.
#37505 of 47958
Re: HAPPY NEW YEAR! [graphicguy] by jmonroe
Jan 02, 2009 (10:37 am)
Reply

Replying to: graphicguy (Jan 02, 2009 7:12 am)

jmonroe......no more vices? You still come here. Isn't that a vice?
 
Yeah, you got me on that one but to defend myself, that’s not really a vice that’s an ADDICTION and someone with your longevity otta know that.
 
jmonroe
#37506 of 47958
Re: No Call Back [jipster] by driver100
Jan 02, 2009 (10:48 am)
Reply

Replying to: jipster (Jan 02, 2009 10:29 am)

Sandman, don't let it bother you... just he way some dealerships do business.
 
Yeh, like I said, my son-in-law got a new Lexus RX hybrid. He went to 3 dealers and he was amazed none of them tried too hard to win him over. None of them called him, none of them were aggressive in their selling techniques. So, don't feel bad if they aren't chasing you down for a Hyundai.
 
Also, dealers are probably working with fewer staff these days. A phone call isn't a priority if there is a live customer sitting across from the salesperson. At least I hope so, if I am at the dealership in person I sure want preference over the telephone inquiry. The thing is, how many of those telephone enquiries actually become a sale any way? Probably walk ins are one in 10 and telephone is 1 in 50 or 100...just a guess - but would be interesting to get real estimates from the pros.
#37507 of 47958
Re: No Call Back [driver100] by joel0622
Jan 02, 2009 (11:03 am)
Reply

Replying to: driver100 (Jan 02, 2009 10:48 am)

Also, dealers are probably working with fewer staff these days.
 
You are correct on that count. At least in our store. We have cut the sales force from 25 to 15 and the sales office fields all sales calls. The Managers sift through them and pass good leads off to sales people while they handle the "how much is my 82 Gremlin dart avenger worth" type calls.
#37508 of 47958
Re: I love the idiot buyers... [roadburner] by joel0622
Jan 02, 2009 (11:06 am)
Reply

Replying to: roadburner (Jan 02, 2009 10:11 am)

RB, I don't know if they are idiots but I truly belive that there is something in the atmosphere of a car dealer that makes normal people loose grasp of all basic math skills.
 
It is the only place in the world where people will think that you can divide $30K by 60 and come up with $400 a month.
#37509 of 47958
Re: No Call Back [driver100] by boomchek
Jan 02, 2009 (11:38 am)
Reply

Replying to: driver100 (Jan 02, 2009 10:48 am)

Walkins closing ratio is about 1 in 10.
 
Phone calls ratio is actually about the same.
 
Out of 10 calls, 5 will book appts to come in, half of those 5 will show up = 2 or 3, and one will buy. Closing ratio is higher on appointments over walk ins.
 
However a live customer who is here will always take priority over phone or internet inquires.
 
Internet is the worst because I'll get about 5 deals for every 100 inquiries. (5% closing ratio).
 
Most like to hide behind the anonomity ( about spelling) of the internet and fire off random emails, ask for quotes, photos, only to never respond again.
 
Acutally when someone sends an inquiry online, I can establish contact with only 50% of the inquirerers by phone or email. I don't understand why someobody would even go as far as filling out a credit app only to never respond to our emails or phone calls.
 
If there's an internet inquiry that has no proper name attached, and no phone number then it goes to the bottom of the pile.
#37510 of 47958
Re: No Call Back [boomchek] by driver100
Jan 02, 2009 (12:40 pm)
Reply

Replying to: boomchek (Jan 02, 2009 11:38 am)

Walkins closing ratio is about 1 in 10.
 Phone calls ratio is actually about the same.
 Out of 10 calls, 5 will book appts to come in, half of those 5 will show up = 2 or 3, and one will buy. Closing ratio is higher on appointments over walk ins

 
Very interesting and much higher than I would have expected. I have neighbor that took 2 years to decide and he went to the dealer almost every week. It had to be a Chev product but he probably went to 20 dealers over the 2 years. I thought there were lots of tire kickers, the curious, the daydreamers, the I don't have anything else to do with my life, the comparison shopper (10 dealers or more), the I just like sitting in different cars, the waiting for my wife types, etc. That's a pretty good closing ratio really.
#37511 of 47958
ad cars by stickguy
Jan 02, 2009 (1:20 pm)
Reply
A cuple of months back, I almost bought a used Passat wagon at the local VW dealer. But, it got sold on a Monday just before I got back to deal on it. Oh well, snooze you lose.
 
But, that unit was still in the weekly (sunday) ad at least 3 weeks past that, so almost a month real time. And this is in the local paper, so they must have to submit a new ad every week.
 
I can see maybe the next weekend, but anything after that screams of fraud (or at least sleaziness). At best it is pure laziness.
#37512 of 47958
Re: ad cars [stickguy] by isellhondas
Jan 02, 2009 (1:22 pm)
Reply

Replying to: stickguy (Jan 02, 2009 1:20 pm)

Be happy, you dodged a bullet!
#37513 of 47958
Re: No Call Back [boomchek] by oldfarmer50
Jan 02, 2009 (1:56 pm)
Reply

Replying to: boomchek (Jan 02, 2009 11:38 am)

"...I don't understand why somebody would even go as far as a credit app only to never respond to our emails or phone calls..."
 
I'm just guessing but these people may be dealing with a salesman at another store and they're trying to "keep him honest" by soliciting other offers from dealers they have no intention of buying from. I've even done this myself when buying supplies for the farm. My regular go-to guy gives me a price and especially if there's been a bump in the cost I'll ask for a price from a competitor. It's for my peace of mind and I'll always let the other guy know if I'll be sticking with my regular guy. Occasionally, the new person has superior service or price and I'll switch suppliers. To not keep tab on your costs is a sure way to go broke.
 
I guess what I'm saying is perhaps not every squirly request comes from some kid in his parent's basement.

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