USED CAR NEWS – SDA’s philosophy that no one is better equipped to keep buy here-pay here customers paying than the dealer who sold them the car. When you choose to partner with SDA for your success, you will not lose the ability to collect your notes.
Let’s say that again, because it’s important to the future of your customer relationships: With other capital providers who buy your retail installment contracts, in many cases, the capital provider takes over collection of your notes. Their collection style can irritate your customers, hurting your reputation within your community and causing you to lose the personal contact with your customer and the ancillary benefits such as referrals and repeat business when it’s time to sell your customer another car.
The SDA philosophy is simple: We feel no one collects better than the dealer! Our advice is to not give up control of your customers just because your finance company requires it. Instead, we encourage our dealers to use SDA’s finance programs and keep the benefits of maintaining your customer relationships.
Ramping your sales with SDA means not just getting the capital you need now and lowering your floorplan exposure, but also ensuring that your customer continues to do business with you for years to come.
Ready to get the money you need to grow and expand? Apply today.
