What is WhiteBox: The Video
October 22, 2009
Two new ads for Automotive News
September 30, 2009
Thought I would ask for some feedback on a couple of ads we are considering running in Automotive News – anyone have success there at all? What do you think about this copy for the first ad:
Dealers and Agents Wanted
Unique opportunity
Specialty finance and collection company for aftermarket products.
Allows Dealers to finance and collect customer’s aftermarket products, addendum stickers, etc.
Let us show you how to add an extra $500-$2000 gross per deal.
Aggressive commission for agents.
Contact:
(214)550-3600
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And now what do you think about the copy for the second ad:
Losing Aftermarket Gross?
Whitebox will finance and collect your lost gross due to tight finance calls.
0% interest to customer
-0- upfront fees from dealer
Finance up to $2000 for 24 months
Call today for online DEMO.
(214)550-3600
Independent Sales Agents Wanted!
September 19, 2009
WhiteBox is growing! Our new dealer captive program is generating interest from dealers across the United States. We need independent sales agents to help us roll out our program. Our model is simple, for each contract we finance we pay 20% of our fee to the agent. WhiteBox allows for monthly collection from consumers via ACH and as a result we can pay our agents IMMEDIATELY after we collect. There is NO waiting period. The moment we collect our agents get paid.
Our primary program offers a dealer’s customer up-to $2,000 open to buy. We charge between $59 and $79 to collect for up to 48 months. 99% of consumers are approved under our program (the only requirement is that they have a checking account). Interested in learning more?
and we will have someone contact you with 48 hours.
More on our program:
Are you tired of watching your front and back-end gross walk out the door on every deal? Would you like to make an extra $500-$2000 on every contract?
- Tired of “Line 5? calls from your captive and outside financial institutions?
- Challenged by Credit Union and outside financing customers?
- Tired of NOT
being able to front-load ANYTHING
because of the carry?
Whitebox provides a one-of-a kind, in-house financing and collections solution for aftermarket funding. “State of the Art” on the spot online contracting right in your office, complete with electronic signature pad. Our automatic contracting, collection and administrative program is designed to make you more profit!!
If you can sell it, we will carry it and collect for up to 24 months. We have a 99% acceptance rate and the best collections rates in the industry.
Our Customer collections are paid directly to the account of your choice by ACH. . We pay daily, weekly, or monthly. These payments can be split into multiple accounts, included percentage and flat fee amounts to agents, F&I managers, etc. Our motto is: “If you can sell it, we will carry and collect it”
. Our program will allow the dealer to once again pre-install vehicle “adds” sold with an addendum sticker.
Examples Include:
Dealers are using Whitebox to sell “Mop and Glow” environmental products, Tire and Road Hazard, Window Etching, and added gross. Whatever your dealership wants to sell, we will carry it.
We can customize an in house VSC program for the dealer with an advance to you that will minimize any out of pocket “cash” expense, including commissions to your F&I staff. Once again, payments can be split between multiple payees or accounts, distributing funds differently each month as the dealer would like.
Dealer installed “Hard Adds”
. Once again, we can custom fit a program for the dealer to sell and install low cost, high markup adds, without going “cash” backwards in hard cost installation.
We offer 3 month to 24 month financing with NO interest or fee to the customer. The dealer simply pays a small “One Time” fee for each contract that we manage.
Services for Used Car Dealers
September 15, 2009
Brad and Bob spent Monday down in Waco visiting more than 20 used car dealers and they came back with several new ideas for services for the used market. Dealers who focus on the “buy here, pay here” market often have difficult decisions to make early in their relationship with consumers. For example, say a dealer sells a late model domestic to a consumer and shortly after their third payment the transmission fails. The consumer isn’t going to keep the car with a failed transmission and they usually don’t have the money necessary to pay for the repair. The dealer must decide if they will cover the cost of the repair and retain the client or cover the cost of the repair and sell the vehicle to another consumer. In many cases the dealer just eats the cost of the repair to retain the client. With WhiteBox the dealer can offer to finance the repair. The dealer simply fills out our online contract, enters the consumers checking account information and has the consumer sign the electronic signature pad. WhiteBox will then collect from the consumer on a monthly basis remitting the funds as collected to the dealer.
VSC Finance for First Extended?
September 15, 2009
Most of the finance companies we are familiar with, generally, won’t finance vehicle service contracts (VSC)s from
. Owned by The Warranty Group, First Extended is an administrator of mechanical repair agreement products and other services for automobile dealers of new and pre-owned cars and trucks throughout the United States.
WhiteBox is currently developing a VSC finance solution for dealers who utilize First Extended. If you would like to be a part of our initial roll-out please fill out this form and we will have someone contact you with 24 hours:
[if you have trouble with the form ]