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Winston-Salem, NC Used Car Dealership Named To Top 100 List
RALEIGH, N.C. – Business Leader Media is proud to reveal the Top 100 Small Businesses in North Carolina for 2009-2010.
Frank Myers Auto Maxx was recognized as one of the Top 100 small businesses in the entire state for the third year in a row. The hugely successful and nationally recognized used car dealerships, owned by Certified Master Dealer Tracy Myers, realized an astonishing 1 year growth of 42% and a 5 year growth of a whopping 153%. What makes these numbers even more remarkable is that the automotive industry as a whole has been in a downward spiral the past few years.
“The honor of once again being named one of the top 100 small businesses in North Carolina is simply a testament to my father’s belief that if you surround yourself with good people, they’ll push you to the top,” said Tracy Myers. “If anyone deserves the credit for this recognition, it is my incredible staff because they continue to push me to the top.”
The 2009-2010 winners were ranked based on revenue growth, business achievement and community involvement and were chosen from more than 500 finalists. The rankings and profiles of the companies will appear in the June issue of Triad Business Leader magazine and will be recognized at an awards ceremony on June 24, 2010. In 2009, Frank Myers Auto Maxx placed #27.
About Business Leader Media:
Business Leader Media is the #1 way to own this market. Founded in 1989, Business Leader’s publications, Web sites and events provide critical market intelligence to CEOs and business owners. The company publishes monthly business magazines in the Triad, Triangle, Charlotte and South Florida, as well as nationally through newsstand distribution.
About Tracy Myers, owner of Frank Myers Auto Maxx:
The original Frank Myers Store was started more than 83 years ago by Frank Myers, the Great-Grandfather of the current owner Tracy Myers and the Grandfather of the previous owner, Franklin Myers. Tracy has spent the past 15+ years trying to change the landscape of the car business and the bruised reputation of car salespeople all over the country. Tracy was one of the first 100 Certified Master Dealers in the Nation, a NIADA Eagle Award Winner and was the youngest recipient ever to be honored with the highest available distinction in the used car industry…the National Quality Dealer award. Frank Myers Auto Maxx was recently recognized as one of the Top 28 Independent Automotive Retailers in the United States by Auto Dealer Monthly Magazine, one of the Top 10 Internet Auto Retailers in the Nation & one of the Top 3 dealerships to work for in the country by The Dealer Business Journal. Tracy is also the Co-Creator of the world famous “Everybody Rides” program and author of the best selling book “Car Buying Secrets Exposed: The Dirty Little Secrets of a Used Car Dealer”, available at Amazon.com and better bookstores. He is a Christian Business Owner whose goal is to run his business “By the Book”. The dealership specializes in helping people find, qualify for and own the vehicle of their dreams with little or no money down…even with less than perfect credit. https://www.frankmyersauto.com/
Frank Myers Auto Presents: “Beat The Dealer” – May 18th, 2010
How To Save A Bundle On Gas!
Secret #1 – Drive Sensibly Estimated Savings: 5 to 22% savings
Speeding, rapid acceleration and constant breaking are all symptoms of aggressive driving that waste gas. Pay attention to the traffic flow to maintain a more constant speed. You can lower gas mileage by as much as 22 percent on the highway and 5 percent on city streets by driving sensibly. Source: The US Environmental Protection Agency (EPA)
Speeding, rapid acceleration and constant breaking are all symptoms of aggressive driving that waste gas. Pay attention to the traffic flow to maintain a more constant speed. You can lower gas mileage by as much as 22 percent on the highway and 5 percent on city streets by driving sensibly. Source: The US Environmental Protection Agency (EPA)
Secret #2 – Use the Right Fuel Estimated Savings: 2% Savings
You can improve your gas mileage by up to 2 percent when using the grade of oil recommended by the manufacturer. Source: EPA
Secret #3 – Check Gas Cap Estimated Savings: Gallons of gas per year
Gas caps that are damaged loose or missing can cause gallons of gas to vaporize, thus sending you to the pump sooner than necessary.
Secret #4 – Drop the Weight Estimated Savings: 2% or greater savings
Avoid keeping unnecessary, heavy items in your vehicle. An extra 100 lbs could reduce your mpg by up to 2 percent based on the percentage of extra weight relative to the vehicle’s total weight, which affects smaller cars more than larger ones. If there is something you do not really need, do not pack it. Remove rooftop carriers unless they are really needed. Source: EPA
Secret #5 – Get a Plan Estimated Savings: Gallons of gas a year.
Trips to the grocery store, dry cleaners, and shopping centers should be planned so you are not wasting time retracting your route. If you have multiple vehicles, drive the one that has the better mileage. Make a list of what you need so you don’t forget something and have to make a return trip. In stop and go traffic fuel consumption can increase by as much as 20 percent. Sources: EPA, FTC.
Secret #6 – Keep Tires Properly Inflated Estimated Savings: 3.3% Savings
When tires aren’t inflated properly, it’s like driving with the parking brake on, and that can cause an increase in gas consumption. You can improve your gas mileage by around 3.3% by keeping your tires inflated to the proper pressure. Check your tires’ pressure regularly, especially after a sharp drop in the temperature. Recheck your tire pressure when the weather gets warmer. Source: EPA
Secret #7 – Replace Dirty Air Filter Estimated Savings: 10% savings
Replacing a clogged air filter can improve your vehicles gas mileage by as much as 10%. The air filter keeps dirty particles from damaging the inside of your engine. A dirty air filter restricts the flow of air into the engine, which harms performance and economy. Air filters are easy to check and change; remove the filter and hold it up to the sun. A clear air filter serves a dual purpose: It saves gas and protects your engine.
Secret #8 – Bypass High-Octane Gas Estimated Savings: 15 cents per liter
Regular octane fuel is recommended for most cars. Buying a high-octane gasoline most likely won’t improve your car’s performance but will add to your fuel cost. Don’t waste your money on high grade gasoline if your vehicle doesn’t need it. There is no horsepower or mileage gain to be gained and petroleum companies don’t care if you spend the extra few cents a gallon needlessly. If your vehicle only requires 87 octane and you feed it 91, you’re wasting cash! Source: FTC.
Secret #9 – Maintain the Speed Limit Estimated Savings: 20% savings
Gas Mileage usually decreases rapidly at speeds above 55 mph. Observing the speed limit and using cruise control on dry, flat wide open highways will help improve fuel efficiency by maintain an even speed. Increasing your cruising speed from 55 mph to 65 mph will increase fuel consumption by about 20%.
Secret #10 – Avoid Long Idles Estimated Savings: Additional miles per gallon
Allowing your vehicle to run idle for longer than a minute is equivalent to throwing money out the window. You are burning gas but getting zero miles per gallon. Turnoff the car; it takes less gas to restart it than what is being used while sitting still. Source: Car Care Council
5 Bonus Tips To Make You Save Even More $$$ On Gas!!!!
Bonus Tip # 1 – Keep your engine in tune: Fixing a car that is out of tune or has failed an emission test can boost gas mileage by about 4 percent. So be sure to give your car regular tune-ups. You’ll also want to watch out for worn spark plugs. A misfiring spark plug can reduce a car’s fuel efficiency by as much as 30 percent plus a poorly maintained vehicle consumes more fuel, produces higher levels of emissions, requires expensive repairs, and has a low resale value.
Bonus Tip #2 – Be as aerodynamic as possible: keep windows up and sunroof closed. Obviously, your car is going to get its best mileage when it’s as aerodynamic as possible. Having your windows open will increase the drag on your car, thus reducing its gas mileage by 10% so keep windows closed when traveling at high speeds.
Bonus Tip #3 – Avoid prolonged warming of the engine: Even on cold mornings 30-45 seconds is plenty of time.
Bonus Tip #4 – Inspect suspension and chassis parts for occasional misalignment: Bent wheels, axels, bad shocks, broken springs, etc. create engine drag and are unsafe at high traveling speeds.
Bonus Tip #5 – Use your vehicle’s air conditioner sparingly: Auto air conditioners can reduce fuel economy by 10% to 20% heater fan, power windows and seats increase engine load. The more load on your engine, the less miles per gallon. Try opening the windows at low speeds or the fresh air vents to cool your vehicle.
ABOUT THE AUTHOR – Tracy Myers has spent the past 15+ years trying to change the landscape of the car business and the bruised reputation of car salespeople all over the country. He is the owner of Frank Myers Auto Maxx in Winston-Salem, NC. He is a Certified Master Dealer, the National Quality Dealer of the Year, one of top 28 dealerships in the Nation, and one of the top 3 dealerships to work for in the United States. He is the author of “Eight Keys to a Better Car Deal” and the best selling book “Car Buying Secrets Exposed – The Dirty Little Secrets of a Used Car Dealer”, available at Amazon.com. Tracy is a Christian business owner whose goal is to run his business “By The Book.” Contact the Author: tracy@frankmyersauto.com. Visit the website at: https://www.frankmyersauto.com
Frank Myers Auto Presents: “Beat The Dealer” – May 2010
Q: “Are there tricks of the trade that will help me get the most for my trade-in when shopping for a new used car?”A: “Even though it’s a great question, there aren’t many tricks that I can share with you. There is, however, something that many consumers don’t know but can take advantage of. Many consumers do not realize that states often offer a tax credit when they trade in vehicle. For example, if you purchased a $10,000 vehicle in a state with a 6% sales tax and you did NOT have a trade-in, the sales tax would be $600 ($10,000 x 6%).
If the state allowed for a tax credit for trade-in’s AND you traded in a used vehicle worth $5,000 against this $10,000 vehicle, your tax liability would be calculated like this:
$10,000 Price of new vehicle
– $5,000 Value of trade-in
= $5,000 Price used to calculate sales tax
The 6% tax would then be calculated on the $5,000 and NOT the full $10,000! This means you would pay $300 in tax instead of paying $600. A savings for you of 50%!
It’s particularly important to consider the sales tax credit if you are thinking of selling your car privately. In the above example, you would have had to sell your vehicle for more money just to “break even.” If you factor in the expense of advertising the vehicle and the value of your own time, your break even point becomes even higher. The lesson to be learned? Don’t lose money by selling it yourself. By trading the vehicle in, you can avoid the hassle of selling it yourself AND you could pay less tax… a real “win-win” situation if ever there was one!
Wondering what YOUR trade-in is really worth? Check out our 100% FREE online trade evaluation! As always, you have nothing to lose and lots to gain!
ABOUT THE AUTHOR – Tracy Myers has spent the past 15+ years trying to change the landscape of the car business and the bruised reputation of car salespeople all over the country. He is the owner of Frank Myers Auto Maxx in Winston-Salem, NC. He is a Certified Master Dealer, the National Quality Dealer of the Year, one of top 28 dealerships in the Nation, and one of the top 3 dealerships to work for in the United States. He is the author of “Eight Keys to a Better Car Deal” and the best selling book “Car Buying Secrets Exposed – The Dirty Little Secrets of a Used Car Dealer”, available at Amazon.com. Tracy is a Christian business owner whose goal is to run his business “By The Book.” Contact the Author: tracy@frankmyersauto.com
*portions of this blog post was taken from Galves Auto Price List blog.
Frank Myers Auto Maxx Joins The No Phone Zone Campaign
Today, Frank Myers Auto Maxx announced they had joined the “No Phone Zone” campaign, created by Oprah Winfrey and Harpo Studios, to combat distracted driving. Tracy Myers, the owner of Frank Myers Auto, announced the support of the campaign in conjunction with “The Oprah Winfrey Show” dedicated to the first national “No Phone Zone” Day.
The campaign is dedicated to honoring the lives lost due to distracted driving, educating the public about the dangers of distracted driving and activating people to make a difference in their communities. As part of the campaign, drivers are encouraged to take the “No Phone Zone” pledge. The pledge, available at www.oprah.com, asks motorists to commit to:
1) Not text while driving
2) Not text while driving, and use only hands-free calling
3) Not text or use the phone while driving, and pull over to a secure location if they need to make a call
In addition to Myers’s announcement, the used car dealership and its subsidararies will lead an internal campaign to encourage their employees to take the “No Phone Zone” pledge. The Frank Myers Auto Group also plans to sponsor a public service announcement (PSA) to be broadcast on television for the “No Phone Zone” campaign. Once the PSA is finalized, it will also be available online at www.youtube.com and https://www.frankmyersauto.com
“We are proud to help Oprah raise awareness of the risks of distracted driving,” said Keith Bowman, Head Honcho & Spiritual Advisor at Frank Myers Auto Maxx. “The ‘No Phone Zone’ campaign fits our own mission to keep members of the Frank Myers family and their loved ones, as safe as possible while on the road.”
