Purchase Decision Process
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Questions and Answers

What should be detailed for the customer to understand the offer effectively?

  • The warranty information in a separate document
  • The purchase price along with specifications and costs (correct)
  • The final selling price without any additions
  • The total purchase price including service charges
  • What is the importance of confirming the model and trim level to the customer?

  • It helps in upselling additional products
  • It simplifies the paperwork process
  • It allows for an accurate price negotiation
  • It ensures the customer feels secure about their choice (correct)
  • Why is it essential to book an appointment to discuss finance options?

  • To create urgency in the purchasing process
  • To ensure the customer feels committed before finalizing the deal
  • To enhance the dealership's reputation
  • To provide the customer with detailed pricing plans (correct)
  • What role does documenting dealership commitments in a database serve?

    <p>To prevent any potential disputes later</p> Signup and view all the answers

    What is the benefit of obtaining an eSignature from the customer?

    <p>It serves as evidence of the customer's purchase commitment</p> Signup and view all the answers

    Study Notes

    Purchase Decision Process

    • Present the total purchase price clearly, including all specifications, accessories, and costs, ensuring the customer understands the offer.
    • Confirm the availability of the chosen model and trim level, detailing factory-fitted options and dealer-installed accessories.
    • Offer to schedule a meeting to discuss financing options.
    • Record all dealer commitments and promises in the dealership's database (CRM/DMS).
    • Obtain an electronic signature from the customer to solidify the purchase agreement, if possible.

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    Description

    This quiz focuses on the key steps involved in the purchase decision process in automotive sales. Key areas include pricing transparency, model availability, financing options, and documenting dealer commitments. Test your knowledge on how to enhance customer satisfaction and ensure a smooth purchasing experience.

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