When bringing a deal to manager to work the numbers, make sure the work sheet is fully completed with all requested information. ALWAYS write the full asking price on the worksheet.

Show the customer the table of down payment and monthly payment; this way the customer will understand that rarely someone buys a $12995 vehicle for $1500 down and $275/mt

DOWN PAYMENT

Most of our customers are pre-approved based on the example below:

Down Payment of 25% of the total price of the vehicle and 36 months to pay the balance.

See example below for a 2019 Hyundai Sonata:

SALE PRICE: $13995

DEALER FEES: $785

ESTIMATED SALES TAX: $880

EST. TAG TRANSFER: $130

TOTAL: $15,690.00

25% = $3922  (BANKS LIKE Between 25% and 35% Down)

DEPOSIT

We do not suggest customers to leave a deposit unless they are on the final process of buying the car. Deposits are 100% REFUNDABLE and Premier Motor Sales DO NOT Pay commission on Deposits collected.

We do not take deposits over the phone.

Unless there is a deposit to hold a vehicle THAT VEHICLE IS AVAILABLE FOR SALE