Quantcast
Jump to content


RedDotMotors

Consumer Financing

Recommended Posts

I would like to Introduce myself as I am a new Member . My Name is Jose . I am Owner of a small repair shop called Red Dot Motors located in Pa.

I have personally been in business for a little over 10 years . At my shop we do State Emissions State Inspections complete auto Repair on Imports /Domestics . We Specialize On Hondas and Acuras . Everything from simple repairs and maintenance to Custom Fab and Performance mods. Turbos Nitrous etc .

 

I came across this forum and finally decided to register as it seems to have many knowledgeable members and very useful info.

Anyways to make a long story short my question is about offering Consumer Financing through a 3rd party compant to my customers . Does anyone have any first hand experience ? Any Recommendations or is it something I should steer clear away from? Any insight would be greatly appreciated .

Thank you

Jose

Share this post


Link to post
Share on other sites


Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

  • Similar Forum Topics

    • By pam
      We want to start offering finance options to our customers. Can anyone recommend some companies that you use? I've heard good things about One Road Lending. GE Capital is now Synchrony and they have horrible reviews. Appreciate your help! Thanks, Pam
    • By Dan Reichow
      Looking to see if any one uses a program for bad credit clients for automotive repairs if so and who.
      We have used a program thru a company but they have been to difficult to use any longer - No credit check had a $35.00 fee-- client had to pre date three checks up to 90 day's out. They charged 7 percent of bill.
      Was based off if they had a job and income verification. we passed cost to client.
    • By defiancetire
      Hello all shop owners. An idea hit me last night that may help me get above my competition in town for tire. In house financing new ones. I was wondering if anyone else was doing this? Looking for information on handling payment dates, Interest, etc.
    • By UsedTireShop
      I offer customer financing through Paramount payment. I really like them but they are getting harder to use because they require that my customers have a check. So many people do not use checks anymore.
      Can anyone recommend a finance company that does not require checks?
       
      Jeff
    • By HarrytheCarGeek
      New research from the Consumer Financial Protection Bureau shows just how easy it is for cash-strapped borrowers to get sucked into a vehicle title loan debt trap.
       
      http://finance.yahoo.com/news/payday-auto-title-loans-CFPB-211701904.html
       
       
       
  • AutoShopOwner Sponsors



×