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Buying Tips
Confessions of a Car Salesman
Glossary to "Confessions"
Car
salespeople have their own vocabulary. It describes
their customers, the deals they make and the
day-to-day life on the lot. Here is a sampling
of how they talk when the customer's not around.
Be-backs - A customer who leaves the
car lot promising to return later, saying, "I'll
be back," or some variation of that statement.
"The guy was a be-back. But I think he meant
it. I'll see him again."
Boss - The typical way that salespeople
address the managers or the GM. "Hey boss!
Got a deal for you!"
Bumping - Raising the customer's offer
for a car. "If Mr. Customer says he only
wants to pay $250 a month, just say, 'Up to
-- ?' He'll probably bump himself up to $300
without you doing anything."
Closer - An experienced salesman who
is brought in to "close" the customer by making
them agree to a deal. "If I worked with a
better closer I'd have more units on the board."
Desk - This is the sales manager, not
the place he sits. "Ask the desk if these
rebates are still in effect."
Demo - This is the test drive. "This
guy comes in, demos the car and I think he's
ready to buy, right? Then he tells me the car's
for his wife and he can't make a decision without
her."
F&I - This stands for the Finance and
Insurance office where the documents are signed.
The F&I salesperson usually will push products
such as extended warranties, fabric protection
and alarms. "The wait for F&I is two hours.
Better stick with your customer so they don't
leave."
Full pop lease - This is when a vehicle
is leased at 110 percent of the sticker price
- the highest amount allowed by most banks.
"I got them into a full pop lease. I'll get
a nice voucher for that."
GM - The General Manager. The GM is the
head honcho at the dealership. He runs the business
from day to day. "The guys were standing
out on the curb drinking coffee so the GM called
them into the tower and read them the riot act."
Green pea - A new salesperson. "The
funny thing is, green peas can outsell the veterans.
That's because they don't know how hard this
job is."
Grinder - A customer who negotiates for
hours over a small amount of money. "We were
only $500 apart but the guy wouldn't sign. Man,
what a grinder."
Lay down - A customer who takes whatever
deal the salesperson offers. "I quoted him
monthly payments of $575 and he took it! I wish
all the customers were lay downs like that."
Mini - The commission on a deal where
the car was sold at close to invoice price.
"Sure, the deal was only a mini. But I qualified
for a weekend bonus and made a grand."
Mooch - A customer who wants to buy a
car at invoice. "People are spending too
much time on the Internet. It's turning them
into a bunch of mooches."
Packing payments - Adding extra profit
to the cost of a car. "This place I used
to work got busted for packing payments. Next
job I get is going to be in a no-haggle store."
The Point - The place on the car lot
where the "up" man stands looking for customers.
"The GM saw me standing on the point with
my hands in my pockets. He went ballistic and
sent me home for the day."
Pounder - A deal with $1,000 profit in
it. "Doctor comes in and buys the top of
the line model, fully loaded - and he pays sticker!
That'll be a two pounder for me."
Rip their heads off - This describes
taking a customer to the cleaners. "I stole
their trade in, I sold them the car at a grand
over sticker - I mean, I just ripped their heads
off."
Roach - A customer with bad credit. Not
to be confused with the "roach coach" (see entry
below). "The guy looked good. But we ran
his credit and he turned out to be a roach.
We're talkin' a 400 credit score here."
Roach coach - The food truck that comes
around to the dealership every day. "I should've
known better than to eat that chili from the
roach coach. My stomach's killin' me."
Spiff - A tip, kickback or payment of
any kind, usually cash which is handed between
salespeople. "I spiffed the F&I guy $20 bucks
and he took my customers first."
Strong - This has a special meaning on
the car lot. It means holding firm on your price
and being a tough negotiator. "When they
ask for your price you have to be strong. Hit
'em with high payments, then scrape them off
the ceiling and start negotiating." (See also
"weak.")
Tower - The office where the sales managers
work. This is usually a raised platform allowing
the managers to see over the roofs of the cars
so they can watch customers and their salespeople.
"Attention: All new car salesmen report to
the new car tower!"
Turn over - Also known as "turning,"
this is the practice of passing a customer from
one salesman to another. It is thought that
this will prevent customers from leaving the
car lot. The theory is that the customer might
just have bad chemistry with the first salesman
and he might like the next salesman. "I turned
this guy to my partner and he wound up buying.
I'll get half of the commission on the deal."
Up - A customer that walks on the car
lot. The term probably comes from the order
in which customers are taken, as in: "I'm up
next." Many dealerships also have an up system.
"We've got ups all over the lot, and you're
in the back drinking coffee?!"
Voucher - Car salespeople receive a voucher
to let them know what their commission was for
selling a car. They don't know until the deal
is finalized exactly how much they will receive.
"Check out this voucher. I thought I had
a pounder. Instead it's a mini."
Weak - This describes being a weak negotiator
or coming down too quickly on price. "The
guy was weak so he only lasted a few months.
How are you going to make money in this business
if you give away cars?"
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