Internet Battle Plan

My Canadian Friend, Peter Smith posted a deal example that is truly impressive! Okay, but that was a lease our Canadian buddy posted. Below is a training scenario I've used in a hundred dealerships. Put the figures on the board and everybody works the deal.

I challenge everyone to tackle a similar scenario with a retail deal: a $67,000 selling price, 7% tax on the difference, $2600 cash down, paid off trade-in with $21,000 ACV/allowance, 5% APR for 72 months. $750 title and fees, Let's see your calculations in the comments below. NO CHEATING! Take a screenshot in this format.
This exercise is perfect for Managers Meetings (include F&I Managers) – let the GSM or the GM put the numbers on the whiteboard and everyone work the deal. Try different scenarios, Upside-Down trade, Etc.?

No cheating, just a 10 key calculator or smartphone calculator.

Peter, you're welcome to participate.

DO NOT - Nobody cheats, If you are NOT a CDK Victim, do NOT used your CRM or other tool, just a calculator.
~Jim Ziegler, CSP, HSG, OG, ~

P.S. The middle-aged balding dude selling Mazda's in Florida who thought it was cool to insult me on an earlier post dies NOT need to participate.

https://read.nxtbook.com/digital_dealer/dealer_magazine/march_april_issue_of_dealer_m/how_to_be_profitable_during_t.html

How to be Profitable During the Collapse of Western Civilization The only way you’re going to survive and prosper with multiple crisis’ storming is to call in the cavalry. That’s right, as they have done for more than 50 years, you’re going to have to call on the F&I Department to save you again.