NEW VEHICLES
USED CARS
ROAD TO THE SALE
7 Principles
FINANCE
100

This vehicle has been the top selling truck for 49 years in a row.

F-150

100

Used Ford vehicles must have these mechanical or safety issues resolved before selling.

Recall

100

"If the terms and conditions are agreeable" is an example of this step

Trial Close

100

KBB, JD Power, Black Book are all used under this principle to justify trade and retail values.

Authority

100

These must be given to approve or fund a deal. Examples are Paystubs, Proof of residence, Social Security Card, and References.

Stips

200

This new Ford Mustang was unveiled on January 15th, 2026, featuring a 5.2L V8 and 795 Horsepower

Dark Horse SC

200

This document is shown and signed by every used car buy, showing a detailed history of the vehicle they are buying.

Carfax

200

The process of asking questions to establish a customers' goals, and to properly guide a customer.

Needs Assessment

200

An Example of this principle is a family or friend buying a vehicle from you simply because it's you.

Likability

200

Currency used to reduce the amount financed, lower loan to value, and improve a finance approval.

Down Payment

300

How many trim levels are available on the Ford Bronco?

7 (Base, Big Bend, Outer Banks, Badlands, Raptor, Stroppe, and Heritage)

300

This is used by banks and buyers to determine a preowned vehicle's trade and retail value.

Book Value

300

This is presented to a customer to negotiate a deal, and obtain a commitment to buy the vehicle.

Purchase Proposal

300

Parking the new vehicle next to a customer's trade is an example of this principle.

Contrast

300

When a bank will not approve a loan submission, one of these can be added to reduce risk and get an approval.

Qualified Cobuyer

400

What engine size did Ford remove from it's F150 lineup in 2027

2.7L Ecoboost

400

If a customer has negative equity in their trade, or the vehicle does not have a strong book value, what must the salesman get to hold gross and make the deal?

Money Down

400

Butterflying a vehicle and communicating it's features and benefits is what step.

Value Presentation

400

Google Reviews, Celebrity endorsements, and President's award are all examples of this.

Social Proof

400

This is offered to lock in today's cost of maintaining your vehicle and saving against inflation.

Maintenance

500

Last year this compact truck sold 131K, making it America's best selling compact truck.

Maverick

500

This Process is used to devalue a trade by walking around it and using a credible authority to support it's appraised value.

KBB ICO

500

This step helps to build an emotional attachment by allowing the guest to imagine themselves owning the vehicle.

Test Drive

500

This principle teaches you must give something before you can get something in return.

Reciprocity

500

These can be added at the time of purchase to protect the customer in the event of a mechanical failure.

Warranty or Service Contract

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