GENERAL
We are having a contest where a customer can win a thousand dollars. Name the plan that qualifies for this
none. we cannot include ANY plans in contests.
What is the maximum term a company can lease a vehicle .
48 months
What interest rate do we want you to quote a customer on used vehicles?
6.99
Who figures out the cost of licensing?
Business Manager
Besides, the driver's license, name 3 things that should be in new deal jacket before bringing it to the business office
-copy of insurance details
-invoice
-smart vincent
-copies of ownerships if using loyalty programs
- copy of the worksheet
4% over cost
a customer wants to lease a vehicle on her own but use her husbands plates. Can we do this?
explain...
yes, if we transfer the plates from the husband to her first
the ownership must match the contract
when would there be an exception to the 6.99% rate that we ask you to quote?
vehicle is older and falls into the vintage program. Rates will be higher
the business office needs 3 to 4 things to license a used vehicle. what are they?
the ownership for the sold vehicle
insurance
safety certificate
plate portion
Who records the correct odometer reading from a trade on all documentation? and name 3 places you would record it
The sales person.
both in deskit, and on the appraisal
These should match
once delivered, on the trade in file.
My best friends uncle works for Ford. What plan would I qualify for?
or is this a trick question?
x plan friends and neighbours
Give two examples of why a customer should use dealer financing over using their line of credit?
keep their money where it is earning interest
use line of credit for unseen emergencies.
A company does not have a rin number yet. No problem, we can get one for him. We just need his articles of incorporation.
Then we can apply for a rin.
The vehicle arrives. Who gets the file after Mary has stocked it in.
Why?
The sales manager. They have to attach the vehicle, check the programs, make sure the numbers are correct and print the smart vincent and work sheet.
This takes time.
Which plans do not require a pin number
D plan only
A company is not strong enough to be approved on its own. Name two options we could try.
personal guarnator
co - signer
provide financials
A customer owns a company and wants to use his company account to pay for his fmcc payments. can he do this?
what do they need?
we need a void cheque and either articles of incorp or a business license.
Why is it important to get the customer's plate portion prior to delivery?
name 3
Licensing will be complete and the customer leaves here with his new ownership. they feel better!
There could be unexpected fines/sticker issues and we have to collect more money after the delivery.
The trade could be in someone else's name.
A man is buying a vehicle and his trade is in his wife's name. Can he do this? Explain your answer
Yes, but he would have to have the vehicle gifted to him.
She could go on the contract.
We could buy the vehicle but they lose the tax savings.
under what circumstance can a customer use a pin number more than once.
Is there a maximum amount of kms that Ford Credit will allow on a contract? and if so, how many?
160,000km
what is the maximum term a company can finance a vehicle with Ford Credit
72
Yes, but only if the person who owns the plates goes on as a co-signer.