More than Profits: Bringing Customer Value into VSC Sales

While a vehicle service contract (VSC) sale can help to boost your dealership’s profits, the real value lies with the consumers. A VSC can be thought of as a form of “breakdown insurance,” alleviating the burden of paying out-of-pocket for many unexpected repairs. The average contract covers a fair amount of automotive repairs, so long […]

The Rising Cost of Innovation: How Dealerships Can Make High-Tech Repairs More Affordable

Today’s consumers are dazzled by all of the new technological advances in the automotive industry. With new alternative fuel capabilities, automated driving features and other advanced technologies available, it’s no surprise that consumers are itching to try out the latest and greatest “toys” on the market. While new vehicle sales may be the focus of […]

Avoiding Financial Potholes: How to Keep Your Dealership’s Revenue from Deflating This Spring

We’ve made it through the harsh winter, and the sweltering heat of summer has yet to arrive. While it’s true that vehicle service spending decreases during times of milder weather, that doesn’t mean your dealership should write off springtime as a dead-end for profits in the service department. Spring, colloquially known as “pothole season” in […]

Driving Profits with Payment Plans – Bud Brian, Founder of Budco Financial, Shares His Secrets to Success

After more than 30 years as a spirited entrepreneur, Bud Brian, the founder and CEO of Budco Financial, knows what it takes to build a profitable organization. In Part Two of this exclusive interview, he shares his expert insight on how to succeed in business. You’ve had tremendous success as an entrepreneur, first with Budco […]

Budco Financial Attends the 11th Annual Warranty Chain Management Conference

Budco Financial’s executive team is looking forward to skipping town on Michigan’s unrelenting winter to attend the upcoming Warranty Chain Management Conference. The 11th annual event is set to take place March 10-12 in downtown Miami. Over 60 speakers will be distributed over 25 separate sessions, with an opening keynote address to be presented by […]

Meet the Man Behind the Payment Plan Company – Bud Brian, Founder of Budco Financial

In Part One of this two-part exclusive interview, Bud Brian, the founder and CEO of Budco Financial, provides an inside look at how and why he started his burgeoning company. Tell us a bit about your background. BUD BRIAN: I started in the world of automotive marketing distribution, working at one of the predominant distribution […]

Driving Dealership Profits: Smart Ways to Build Customer Loyalty

While it’s unlikely that vehicle service will ever be “fun and exciting,” dealerships continue to make great strides in bettering the experience for their customers. For most drivers, bringing a vehicle in for service, whether for routine maintenance or to resolve a larger issue, is a bit of an inconvenience. Drivers know it’s necessary, but […]

Installment Payment Plans: A Quick Way to Boost your Dealership’s Bottom Line

There are several ways to increase your auto dealership’s bottom line—although some solutions are easier and faster to implement than others that may require excess time, additional resources and extensive up-front costs. Consider one of the quickest and most viable ways to boost your dealership’s bottom line: selling more vehicle service contracts by offering IPPs […]