Automotive Final – Easy Geo Training

In order to boost sales at the end of a vehicle production year, manufacturers will often do which of the following?

Send dealers letters stating that they need to hurry and get their current inventory sold

They will create a manufacturer's rebate to lower the price of vehicles to excite new buyers

They will send transport to pick up the unsold vehicles and sell them to rental car companies

What is the industry name for the inventory financing that dealerships use?

Floodplanning

Floorplannnig

industry financing

Consignment

On average, a dented bumper can cost how much to repair?

$900

$800

$450

$400

Despite online services which allow people to purchase vehicles from one another, dealerships are still the primary means of purchasing a vehicle.

True

False

What are some facts about the average tow company? (Select all that apply)

They are operating 24-7

They provide emergency towing

They are owned by corporations

They will provide roadside assistance

What is the average cost to tow a vehicle?

$50

$60

$70

$80

When trying to sell GeoFencing to an automotive transport company, what should you focus on?

How they will be guaranteed to get more business.

How they will be targeting new customers based on demographic

There are more than 700,000 auto service technicians and mechanics in the United States.

True

False

When a rental car company needs to update the vehicles in their rental inventory, what do they do with their current inventory? (Select all that apply)

Give some vehicles as rewards to high-performing employees.

Renew the vehicle with the local department of motor vehicles as a brand new car.

Donate some vehicles to charities.

Sell them to the public.

Why should you ask an auto glass installer if they do emergency installations?

It is a selling point that can be displayed on an advertisement

We can help schedule emergency appointments

Everybody needs emergency glass help

What type of salvage yard allows a buyer to walk around the yard and pick out the parts they want themselves?

Do-it-Yourself

Bring-Your-Own-Tools

You-Pick Yard

Full-Service Salvage

You are talking to Henry, the owner of Henry's Used Cars. He states his business is largely based on word of mouth. How can you excite him about our services?

Tell him that word of mouth is great, but GeoFencing offers guaranteed results.

Tell him that GeoFencing will allow him to target the people most likely to fit in the demographic he seeks as customers.

Tell him that he's guaranteed results and 4000 views each month is a great deal.

Smaller auto glass companies have roughly how many installation vans.

5 or 6

25 to 30

2 or 3

1

Manufacturers may have special rebate programs designed specifically for the heroes we are trying to help support.

True

False

If you buy an electrical part from a salvage yard, it is a good idea to have it checked before you purchase it.

True

False

Which of the following is a good statement to make to a parts dealer?

Some Veterans like to repair their own vehicles and are always on the lookout for a trustworthy parts retailer.

You can promote your Veteran discount and we give you our word you will get more business.

By supporting our project we guarantee you exclusivity.

Jack owns a small engine repair shop in Florida. He wants to help support the veterans, but he doesn't like advertising on the internet because it gives too much power to customers to rate their services. What, if anything, should you tell Jack?

Tell him that our rating system wil not hurt his support of veterans.

Tell him we do not display any negative ratings, only the positive ones.

Tell him that Geofencing does not work based on ratings, it displays ads based on a mobile device's location

Do not respond to his comment.

Full-service salvage yards allow the customer to wander the lot and pick out their own parts.

True

False

Real Name

Phone Name

Unit Name

Email Address