There are three older used car lots in town that maintain a "B" license. Market Growth —An estimated population increase throughout our targeted counties can only mean more people with a need for transportation.
All deals will be conducted between the owner and customer with no commission paid salesperson taking a cut from the profit made on the deal.
The number one responsibility of our management team is to create a friendly atmosphere where our customers come first. Office and Sales Department —The equipment needed for this area will be two desks, nine chairs, one computer and printer, one fax machine, two phones, copy machine, two calculators, and a coffee machine.
Very little, if any, priority is given to car sales. Customer Profile —Budget Cars will be focusing on three customer profiles. April—"Grand Opening" will be held this month.
December—Have a coloring contest for the kids, with prizes that tie in with the holidays, advertising in the Alpena Journal and the Daily Herald. The services that will be offered are in-house financing provided by area banks with approved credit and a full automotive detail center that will recondition all units for sale.
Business Advisors Accountant —William P. Cars," and "Used Car Buyers Guide," were published and sold by the millions.
Miller offers new and used vehicles but are not very aggressive. Words like "overallowance," "discount," "deal," and "terms. The buyer was becoming better educated, better able to buy—thanks to and month payments—but still confused and fearful of price.
In addition, the asking price was no longer final. Major Influences on the Industry Government Regulations —An important regulation of the government is to obtain and maintain a class "B" license.
Of 8, housing units, had no means of motorized transportation, 3, owned one vehicle, 3, housing units owned two vehicles, and 1, had three or more. Johnson of William P. Any units sold to customers within the rest of the targeted counties will be additional business. Market and Sales Strategy Due to several different factors season changes, market changes, opening date, etc.
SUMMARY Description of the business Mission —The mission of Budget Cars will be to buy and sell a desirable mix of quality used cars, trucks, and vans, and to create a friendly atmosphere where Budget Cars will be known for being your family used car center. Also, the "Out and About" section and the ads in the classifieds will be run along with an ad in the Daily Herald.
Business Cycle —Ups and downs go with any industry, but with the sale of used vehicles there seems to be more of a plateau.
There are also three used car lots in town offering a very limited selection of units. Ben will be manning the sales and Peter will take care of the reconditioning department. Number and Kind of Businesses in the Area in the Industry —There are four new car dealerships in Alpena that offer a line of used vehicles.
The number of to year-olds was 1, the number of people was 8, leaving a total of 6, over the age of Industry Trends —Vehicle sales seems to be a trend with our Michigan seasons. Major Suppliers —A majority of the vehicles that Budget Cars will offer will come from auctions and new car dealerships.
There was also, if you could haggle a little, a taking price. The used car rule has four basic components. Projected Yearly Gross Profit This chart shows the average gross profit per unit and the profit potential with volume.
Labor Requirements —Budget Cars will have two salaried owners as their main operators. The extra security of four-wheel drive is also more popular during this season. Peter will be maintaining and operating the automotive detail center. Products and Services —The products that Budget Cars will offer are quality used cars, trucks, and vans at below market value.
To capture this market we plan to advertise with the local newspaper and radio.A vehicle invoice to be used by a car dealership, including detailed auto specifications, optional equipment, financing information, and a price breakdown. Free. Honda Dealer Monroe, MI. Victory Honda, offers lowest available price on New, certified used and pre-owned cars, SUVs, vans, & trucks.
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