Posts and Activity

The used car market is on the brink of an auto loan collapse that can shake the entire industry.

https://threadreaderapp.com/thread/1542860348742836225.html

The implications of this are massive for auto shops: https://www.msn.com/en-us/news/politics/supreme-court-handcuffs-bidens-climate-efforts/ar-AAZ2A8U?ocid=uxbndlbing

A merchant service salesman walked into the office yesterday and is pitching 0% credit card processing. Essentially, they provide a counter sign that states there is now a credit card processing fee, their credit card machine automatically adds 4% to any sale, they keep the 4% when the machine batches out at night, and the merchant keeps 100% of the \"sale\". They call this the \"Cash Discount Program\". The merchant now eliminates processing fees.

I find this program hard to swallow, me being old fashion. 1. I\'m making the assumption that customers are not going to like 4% added to their bill when they use their \"points\" building credit cards. 2. I think these companies have found a way to \"double dip\" on the back of our efforts. 3. I have already calculated processing fees in my price matrix, so technically, I\'m really not paying the processing fees anyway.

Any other thoughts ?

\"How technicians stay cool in hot weather\"

New in the Documents area - Premium Membership required for access (less than the cost of an oil change).

https://www.automotivemanagementnetwork.com/documents/technicians/