Author Archives: Geoffrey Jerome

About Geoffrey Jerome

I am a 35 year veteran of the automobile and motorcycle industry, author of seven books, soon to be nine, Both fiction and nonfiction. I have three super kids, actually adults, and a wonderful Jack Russell Terrier named Lucy Lynn. I am Formerly from upstate New York, Ithaca. I ride a Harley, like photography, technology and I know climate change is the worlds biggest problem.

Deal Talk 172 One price dealers explained

One price is about the dealer What’s GM talking about? The market slows Banks hold back the terms Indirect financing equals satisfaction Shopping your vehicle is paramount True one price is a culture Why one price? 2+2 is not 5 … Continue reading

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Deal Talk 171 The what and how of buying used

The what and how of buying used: You know where Is used buying different than buying new? Pricing techniques You need wholesale and retail Less picky Dealer considerations Special reports can help Basic needs Take your time looking it over … Continue reading

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Deal Talk 170 What’s good about dealer advertising

What’s good about dealer advertising Never say, never Trade shopping is huge Common bait and switch Radio, paper, TV, social media Multiple rebates Ridiculous trade values No matter what you owe Employee pricing, what? Disclosures Plus everything FTC will help … Continue reading

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Deal Talk 169 The biggest factor, resale value

The biggest factor, resale value Winter prep Resale value is truly the king Maybe year round Upside down vs resale value Is resale part of the deal? What seems like a good deal, maybe not! Biggest cost, considered the least … Continue reading

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Deal Talk 168 When matters

When matters When is the question States with highest States with the lowest Buying out of state could mean thousands saved Upside down/resale value % counts Use every advantage possible Post-holiday Week day Last or 32nd, Time of day thoughts … Continue reading

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Deal Talk 167 Rules and definitions

Rules and definitions F&I profits are going up Don’t get shut out How much due diligence? Effort equals results, as everything The main concepts OTD is king CPI every payment Upside down/minus equity ACV vs Trade in allowance Trade value … Continue reading

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Deal Talk 166 What’s the plan?

Preparation GM bumper to bumper option $2000 up to the dealer Recently bankrupt? After you have picked, what’s next Ads won’t help you Getting online quotes What you might write Where for Beacon Bank info Call insurance After market research … Continue reading

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Deal Talk 165 More leasing facts

Leasing facts Flexible lease Payment packing unclear Does it make sense? Peace of mind So many points More vehicles in ten years No repair Tax advantage You have rights Still due diligence Keep your trade dollars Check out this episode!

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Deal Talk 164 If your deal has a problem

Odometer problems, you win Odometer laws apply to everyone OTD means everything included If something is wrong in your deal Due diligence, due process Salesperson, Manager, Dealer principal Manufacturer The bank  Better business (BBB.org) Attorney general (your state.gov/attorney general) FTC … Continue reading

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Deal Talk 163 Lease, rent or purchase choices

Lease, rent or purchase choices Refundable deposits Returning your purchase Subscriptions Buying short term Balloon 36 months or less only None or little maintenance Mileage allowance Resale matters Choices, trade sell or buy Tax advantage Peace of mind Due diligence … Continue reading

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