3485 Hwy 431 N, Attalla, AL 35954 256-538-9095

Last Weeks Top Sellers

NISSAN OF GADSDEN

TERRY SLIGH CHEVROLET

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JEREMY'S AUTO SALES


LOOK FOR THESE TOP SELLERS IN OUR 3 ACTION PACKED LANES !!!!

Tax Season Facts

Filing Tax Returns is too hard: WRONG! The car dealer’s job is to sell cars, not file taxes. The refund process has been refined down to a science. Collecting a customer’s tax information should only take 10 minutes.

Most tax refund companies that work with car dealers ask you to collect a minimum of information, provide the customer forms to sign, and file the tax return with the IRS directly. The dealer’s name is not even on the tax return, so the IRS liability is virtually zero.
W-2s are the Special Finance customers' annual winning lottery ticket: January and February are a multi billion dollar money-grab. Why do you think Wal-Mart allows tax companies to set up shop in their stores? The answer is to have the first shot at that refund money.
The fact is that the average Special Finance customer spends every dollar of their tax refund windfall within 24-48 hours. That is not much time between cashing in and missing out.
Tax Refunds & Collections: 1. Many dealers clean up their books by as much as 40% or more during tax season. The holiday season can be the most difficult time for dealers to collect and can be the most difficult time for the customer to stay current.

2. Do you have current customers who are struggling with their payments? Get a piece of the tax refund for a 2nd down payment & lower weekly installments.
3. Are chronically late paying customers becoming a drain on your collections staff? Get them in with their W-2 forms to pay off their note.

Take away the customer's leverage: The average tax refund is approaching $5,000. The problem is that the customer’s wish list is $10,000 or more. If you trust your customer to properly budget and file on their own, 3 things can happen:


1. You lose control and give the customer the power to shop around and walk away from a deal with you.


2. You lose control and give the customer the ability to take their refund and over spend on other obligations, bill collectors, electronics, etc.


3. You lose control and give your competition the ability to sell them a different car.
Print the customers’ tax refund checks on-site or accept the refund as a direct deposit into the dealership bank account.

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