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LB026

Dealer Agreements and Contracts

Date
October 21, 2011

Indirect lending is considered more risky than direct lending by financial institutions. The process requires keeping an eye on the customer as well as the dealer.

  • Contracts with vendors are almost always self serving.
  • Does someone in your organization just sign and forget?
  • How do you manage the risk?
  • Concerned about the defaults?
  • Do you sign those automatic five year renewals?
  • Automatic CPI or 5% cost increase?
  • Don’t be blindsided – find out what changes and phrases work

Speaker

Speaker Image for Ted Alden
Ted Alden, CPA, CGMA
Chief Financial Officer, Greenway Automotive

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