The Lot Blog

Car Dealer 4-1-1: How to Provide Car Buyers with Credit Approval
The Credit Acceptance auto finance program was designed for car dealers like you to offer credit approval to every customer, regardless of...
4 Keys to Having a Successful Inventory Reconditioning Process
In order to sell cars, you need to have a variety of inventory on your lot. One of the main advantages of enrolling in the Credit Acceptance auto finance...
Car Selling 101: How to Maintain Repeat and Referral Business for Your Dealership
One of the keys to achieving success in the car sales business is building trust among potential car buyers. The more trust and goodwill...
Steps for Making Your Car Dealership Stand Out
Like any other business, you want to ensure you are driving leads and foot traffic to your car dealership. But with so many other dealerships out there...
Effective Processes for Running a Successful Car Dealership
As with any other business, running a dealership requires a lot of work. You need a constant flow of prospective and repeat customers to keep your business...
Words from the Wise: How This Enrolled Dealer Achieves Success in the Credit Acceptance Program
Two primary factors that car dealers typically consider when enrolling in the Credit Acceptance auto finance program are:...
How to Help Consumers with Bad Credit Obtain Credit Approval
For many car buyers with bad credit or no credit, getting approved for auto financing can be a challenge. Fortunately, there are banks, credit unions and...
How to Help Your Subprime Customers Find the Right Car that Meets Their Needs
One of the good things about offering subprime auto financing is that it allows dealers like you to help car buyers with bad credit or no credit...
How to Achieve Success in the Subprime Auto Finance Market
If you are turning away potential customers due to bad credit or no credit, offering subprime auto financing may help your dealership sell more cars. Subprime auto financing gives dealers the opportunity to offer credit approval to...
Why You Should Encourage Car Buyers to Make On-time Car Payments
For car buyers, making on-time car payments should be as important as purchasing a vehicle because of the impact on-time payments can have on their credit. Dealers have the opportunity to build trust with their customers by: 1) approving car buyers with credit problems for auto financing, and 2) making customers aware of the fact that on-time payments can improve their credit score...
Subprime Auto Finance For BHPH Dealers
Having the ability to offer credit approval to car buyers with bad credit or no credit history established is an advantage many Buy Here Pay Here (BHPH) car dealers can offer if they work with a subprime auto financing company. A key benefit...
Subprime Auto Finance in Your Dealership
Car buyers with good credit typically have a better chance of obtaining credit approval from traditional finance companies...
Ways You Can Engage Your Online Audience
In today’s digital world, there is an opportunity to engage car buyers online and in turn, help you make more money and sell more cars. Here are a few ways...
Traditional vs Subprime Auto Financing 
Being a car dealer that offers subprime financing in addition to traditional auto financing can work to your advantage in a couple of ways:...
Understanding Subprime Auto Financing 
Car dealers encounter consumers every day with diverse credit scores ranging from great credit, to bad or no credit. If you don’t offer a subprime financing…
Qualities of a Subprime Finance Company 
If you’re a car dealer who’s looking to get into the subprime market, some key qualities to look for…
5 Ways Your Dealership Can Create Leads 
With the world literally right at your fingertips (aka the Internet), there are plenty of creative ways for you to attract customers and generate new business…
2019 Detroit Auto Show: 5 Must See Cars 
In Detroit, the North American International Auto Show is like New York Fashion Week for automakers. Since 1907, the Detroit auto show…
What Will Auto Sales Look Like in 2019? 
Auto sales for 2019 are trending towards late-model used vehicles, with an increase in consumer demand for light trucks (such as utility vehicles and pickups)…
How Does the Dealer Program Work? 
Selling cars is more than a business — it’s an opportunity for dealers like you to make an impact in your community and the lives of the customers you serve…