Fixed Ops
These departments make up Fixed Ops.
What is Parts and Service?
F&I Managers store their documents electronically in this when they don't use Scan123.
What is the Digital Deal Jacket?
This is considered the central record of a company's accounting system.
What is a General Ledger / GL?
RIC
What is the Retail Installment Contract?
Three car manufacturers known as Domestic brands.
What is Ford, GM and Stellantis (Chrysler, Dodge, Jeep, Ram)?
R.O. stands for this.
What is a Repair Order?
The bigger this is, the more the customer can buy and put into a loan.
What is the Advance?
This is the information a dealership must send to their OEM daily around sales.
What is a Retail Delivery Report?
DMS
Dealer Management System?
This company sold the most cars worldwide the past 4 years.
Who is Toyota?
LOF is the most common service.
What is Lube, Oil and Filter; AKA Oil Change?
This is the profit made at dealership by just selling the vehicle
What is Front Gross?
This is the person who is responsible for processing and filing paperwork to establish or transfer the ownership of a motor vehicle.
Who is the Title Clerk?
BDC
What is the Business Development Center?
This is the black and white label that is required to be on new vehicles that describes features and cost of the vehicle.
What is a Monroney?
OEM stands for this.
What is Original Equipment Manufacturer?
This is a term used in the automobile industry that means delivering a vehicle to a buyer prior to financing on the vehicle being completed.
What is Spot Delivery?
This person is responsible for running the accounting department at a dealership or dealerships.
Who is the Controller?
VIN
What is Vehicle Identification Number?
This is the most popular car color.
What is white?