New Tools Help Dealers Offer Specific Incentives to Lot Customers

(Justin Stoltzfus)- So how does BeBack™ work? MediaTrac™ staffers refer to a “series of high impact communications” that they say are targeted to the individual consumer. The prospective buyers get an “incentive card” based on their feedback from previous communications. These cards generally offer discounts, rebates or special financing offers. The idea is that these little extras are often enough to get  customers to come back and sign for a new or used vehicle, based on their existing interest and the work they have already done in researching the car purchase.

These kinds of incentives can be great for buyers, but only if they truly represent the best deal that the consumer can find on the market. If your dealer utilizes this program, be sure that an incentive card will really save you the money that it promises, and that the dealer is not just using a “bait and switch” routine to make a sale. The critical items to look at are line-items on the final sale price, as well as specific financing arrangements, where financing fees and higher rates of interest can add a lot of money to your total debt over time. When it comes to your next car purchase, look at the whole package to save the money referenced by any incentives that come your way. Read more here…