Finance and Insurance - The Profit Center

I would like to make myself clear on a few items of interest before I get too deep into the sales processes at any dealership, including: automobile, recreational vehicles, boats, motorcycle, and even furniture or other big ticket items. A business has to turn a fair profit in order to stay in business. I believe that they should make this profit and use it to pay better quality employees a premium wage in order to serve you better. The financial strengths or weaknesses of any business can definitely have a dramatic effect on your customer service and satisfaction. I do not, in any shape or form, wish to hurt a dealerships profitability, as it is essential for his survival. I merely want to advise people how to negotiate a little better in order to make the profit center more balanced.

Let's get right down to this! Every dealership has a finance and insurance department. This department is a huge profit center in any dealership. In some cases, it earns more money than the sale of the automobile itself. Profits are made from many things that most buyers do not understand.

You as a consumer should understand the "flow" of the sales process to understand the profit centers that are ahead of you. Most negotiating from the consumer seems to stop after the original price is negotiated and agreed upon. Let's examine just a small portion of what leads up to that point.

The first thing that every consumer should understand is that when you go to a dealership several things come into play. One of the most important things that I could point out to you is that you are dealing with a business that has been trained to get the most amount of money from you as they can. They are trained and they practice these tactics everyday, day after day, week after week, month after month, and year after year. Let me point out a couple of important facts that I have said in this paragraph. First, you'll notice that I said a dealership and not a salesman and secondly, I emphasized times of day after day, week after week, etc. etc. This was done to let you know that the salesman is working very closely with the sales managers in order to make as much money as he can. Your interests are really not their objective in most cases.

Affordable Mobile - Manufactured - Modular Home Financing And Insurance

If you are one of the over nineteen million mobile, manufactured or modular home owners in America
that is located in a park or Community, or perhaps you have your home located on your own property, the following Loan and Refinance information will assist you in making sound
financial decisions regarding your home.

As most of you are aware the majority of manufactured homes in the past have been financed as personal property. In many instances these loans have been financed with very small down payments and amortized for only ten or fifteen years. The majority of these loans were considered high risk that resulted in very high interest rates, which combined with a short amortization period, resulted in an unusually high loan payment.
Over eighty percent of the existing loans were financed through the lender that the retail salesman, that sold them their home, recommended. This often resulted in the retailer placing the loan where it was the most beneficial for him not the borrower. It was a common practice that the retailer would receive a fee for placing the loan with them also frequently the community rental and the insurance costs rose. Although these loans are the most common, fortunately, some changes in
the industry have attracted additional lenders and types of loans. Many manufactured homes may now be financed for twenty or thirty years. If you are purchasing a new home, do not feel obligated to accept the financing offered by the salesperson!!!

Of Marriages, Finance and Insurance

What do people know about finance and wealth management? You will be surprised if you ask the general public what they are planning for future. You yourself might not get the answer you want from them. Maybe we are living in the sheep follow sheep mentality. After all, conformity is a powerful nature of being a human.

1. Your house has to belong to you

Of course, it is more expensive to own a house. But in the long-term, you must know that it is more effective in terms of cost. Renting is like showering money down the toilet drain. There are exceptions where you are the master over your landlord. Still, do not get tempted to mortgage a loan for a house, unless you are sure you could handle it for at least a few years. But owning your own home is the way to go.

2. What is insurance? How about broad insurance?

Many people are not aware of the many types of insurance. Broad insurance protects you from financial disasters. You are advised to research on this topic thoroughly for your personal needs.