June 1st, 2010 — Awards, Used Cars, Used Trucks
Frank Myers Auto Awards The Big Prize in Winston-Salem, NC
Frank Myers Auto Maxx in Winston-Salem, NC has named Bruno Ricena as “Non-Commissioned Sales Pro of the Month” for May of 2010.
Recina is a Certified Non-Commissioned Sales Pro at the used car dealership. Hailing originally from New York, Recina is excited and passionate about helping folks drive home in the car of their dreams. His enthusiasm about his career of choice is evident in everything he does. Bruno likes to build strong customer relationships that last. He immediately puts new customers at ease with his big smile and respectfully puts his customers first by listening and gaining a thorough understanding of their needs. He brings to the dealership a youthful energy that is sure to attract his fair share of new friends and clients.
Frank Myers Auto Maxx is located at 4200 North Patterson Avenue in Winston Salem, NC. For more information, contact Bruno Ricena at 336-767-3432 or visit https://www.frankmyersauto.com/
June 1st, 2010 — Used Cars, Used Trucks
"You could drive home in a nicer, newer vehicle today," says a Winston-Salem, NC used car dealer.
WINSTON SALEM – Good news for people who are tired of their ride: Frank Myers Auto Maxx needs used cars and is willing to do just about anything to get them…including eliminating the remaining payments on your current lease or loan.
Dealers nationwide have experienced a spike in sales recently, but the manufacturers have slowed production to a near standstill and President Obama’s Cash For Clunkers program removed 690,000 vehicles from the road. This all means there are not enough vehicles “for sale” right now to keep up the current sales pace. One local car dealer, Tracy Myers from Frank Myers Auto Maxx, invented a unique solution to the problem.
“Our business can’t afford to wait for this problem to run its course. We need to keep selling cars this month. But with only a 56-day supply on-hand nationally, we need to do something pretty drastic. There are thousands of people in this town who want a nicer, newer car but are still making payments. Then there’s me, who needs used cars. So…how about I handle the remaining payments and you get a better car right now?”
This unusual proposal makes sense because rather than removing a car from the inventory at the time of purchase, you actually replenish the supply when you trade in. Myers says that each transaction has a unique “Inventory Footprint” with some transactions resulting in -1, some in 0, and some in +1. According to Myers, “This month we’re looking for 0’s and +1’s, which means we’ll we’ll pay off your loan or lease early, just so we can keep our inventory from running dry. All you have to do is buy ANY Certified pre-owned vehicle.”
How Long Will This Last?
When asked about timing, Myers explained, “This problem should only last about a month. I expect the supply to level out by July as the manufacturers pick up the pace and other dealers’ sales slow down. But we only have 12 months in a year, and I’m not willing to go dark for one of them.”
Automotive experts indicate that this inventory correction could last anywhere between 10 and 45 days. The offer to eliminate the remaining payments on your loan or lease is good until June 30, 2010 or until the inventory supply returns…whichever comes first.
Trader’s Market?
“It’s a lot like a perfect storm,” says Myers. “Nobody could have predicted it, and it only comes around every 10 or 15 years. Suppliers have been slowing down consistently over the past few years. But nobody expected so many sales to be made so quickly in the first part of 2010. Until it’s resolved, this ‘perfect storm’ creates what’s known as a ‘Trader’s Market’ which places upward pressure on the value of your trade. That extra value gives me the leverage I need to negotiate favorable terms with your original bank.”
The Banks Want Out
To make the timing even better, it seems that some banks are anxious to eliminate loans made between two and five years ago. “There was a lending frenzy during that time that caused many banks to make deals they wish they wouldn’t have made (now known as toxic assets). Now they’re trying to clean their books up…and many are more than happy to be finished with loans that aren’t yet paid off. This works in your favor.”
“It truly is a good opportunity for all involved: the bank gets their money, I get the inventory I need, and you get the nicer, newer Certified car you want. There are no losers in this deal!” trumpeted Myers.
People Over Credit Profiles
“At most dealerships, the credit score matters more than the person. But our relationships with many flexible lenders allows us to match your credit application with the lender most likely to approve you…a bank that will take the person into consideration, not just the credit score. Heck, just looking at the credit scores is what got us into this mess in the first place. It’s high time to put the person first, in my opinion. That’s how we operate here.”
What Next?
Myers expects a heavy response to this offer, so please call ahead and make an appointment to have your current loan or lease evaluated. Walk-ins will be accepted, though may require a short wait. If lines are busy, please keep calling.
Please call Ashley Bennett, our Family Ambassador, at (888) 587-4430 or visit Frank Myers Auto Maxx at 4200 North Patterson Avenue in Winston-Salem, NC right away. You can also visit their website at https://www.frankmyersauto.com
ASK TRACY:
Q: Who is this right for?
A: This is good for anyone who is currently making a car payment but would like to switch to a nicer, newer car and stop making his or her current payments.
Q: Will there be a negative impact on my credit score?
A: No. Your current lease or loan will be paid off and there will be no negative consequences. If anything, it could help your score.
Q: What will my new payment be?
A: That depends on what car you choose next. Often we can keep your payment the same and sometimes the payment is actually a bit lower.
Q: How much will I need for a down payment?
A: There is no fee for us to evaluate your trade-in and eliminate your payments. And many of the banks we work with offer no to low down payment options. Plus my Transparent Trade Appraisal Process means you’ll receive a fair, accurate and complete evaluation of your current vehicle and situation, with no pressure. You’ll be able to make an intelligent decision with all the facts.
Q: Do I have to have good credit?
A: Good credit makes it easier on us…but we really need cars right now. So please bring in your car so we can have a chance at eliminating your payments no matter what your credit is like. My EVERYBODY RIDES Program is designed to help you get approved even if you’ve made mistakes in the past.
Q: What if my car is paid off?
A: Even better. Your car may be worth more right now than it has been in the past. So trading in right now could be a wise investment. This is the perfect timing. And anybody who trades in a car that’s already paid off will receive a $1000 voucher to be used toward the price of any Certified vehicle or toward your down payment.
May 27th, 2010 — Golf, Used Cars, Used Trucks
Frank Myers Auto, a dealer of used cars serving Winston-Salem, Greensboro, High Point and Kernersville, has announced sponsorship of the Neal Wilson Open Classic Tourney.
Frank Myers Auto Maxx is excited to announce their sponsorship of the Annual Neal Wilson Open Classic Golf Tournament. The event is scheduled to take place on Friday, Saturday and Sunday July 9th thru 11th, 2010 at the Winston-Lake Golf Course in Winston-Salem, NC. A portion of the proceeds from the event will benefit the Yele Haiti Foundation.
The event kicks off with a 2 man Florida ball start at 10:00 AM, and will be followed by a Fish Fry at 4pm featuring: New Orleans Saints Hall of Famer Ricky Jackson, former Washington Redskin Keenan McCardell, Boston Red Sox Hall of Famer Jim Rice, Miami Dolphins Hall of Famer Nat Moore and award winning singer/songwriter Brian McKnight. There will also be a Friday night gathering at Tony’s Lounge.
At 10:00 PM, following tournament play of Saturday, the Millenium Center will host a banquet to celebrate the 30th anniversary celebration of the Black Velvet Lounge.
“We are grateful to Mr. Wilson for allowing us to participate in this prestigious event by allowing us to be a sponsor,” says Tracy Myers, owner of Frank Myers Auto Maxx in Winston-Salem, NC. “There is no doubt in my mind that this will be a world class event.”
Other sponsors of the event include, but are not limited to: Budweiser, Anastasia Furs, The Chronicle, Coca-Cola, Full Throttle, TW Garner Food Company, Willie Guess from Modern Automotive, Jacson Auto Worx, Conrad Hair Design, LeBleu, Cahill and Swaim, Salon Expressions, Dasani, New York Jewelery, Hero House and State Farm Insurance.
To obtain more information about the , please call the Neal Wilson Open Classic Golf Tournament, call Office at (336) 231-1980 or visit the official website at https://www.NealWilsonGolf.com.
For more information about Tracy Myers and/or his Winston-Salem, NC based used car dealership, please visit https://www.frankmyersauto.com
May 24th, 2010 — Articles, Awards
Check out this SlideShare Presentation:
May 21st, 2010 — Used Cars
Ford’s red hot Ford Fiesta will deliver more than just head-turning looks and excellent fuel economy of any vehicle in its segment when it goes on sale in next year. The 2011 Fiesta also will set a new small car benchmark for safety, connectivity and powertrain technology.
In fact, Fiesta will offer North American buyers a stylish new choice of 15 class-exclusive technologies and projected highway fuel economy of 40 mpg, besting the Honda Fit, Nissan Versa and Toyota Yaris and Corolla.
“For far to long, auto manufacturers have built what they wanted to build and had a take it or leave it attitude towards the consumer. That has dramatically changed and manufacturers have no choice but to give the people what they want. Ford seems to be setting the bar higher than all the others with the Fiesta. Customers asked for expressive cars that deliver not just great fuel economy but also high quality, new technologies and a fun driving experience,” said Tracy Myers, owner of Frank Myers Auto Maxx in Winston Salem, NC. “It is my understanding that Ford has committed to answering the call with Fiesta; an all-new vehicle in North America. My Team at Frank Myers Auto is excited about it (the Fiesta) to debut and enter the pre-owned marketplace.”
Fun, With Fuel Efficiency
Perhaps the signature attribute of the Fiesta is its best-in-class fuel economy at 40 mpg. Ford knows that more fuel-efficient cars are only a temporary solution, but while alternative solutions are developed, more fuel-efficient cars are certainly a step in the right direction. It wasn’t so long ago that there were almost no high-quality gas-sippers in the US, but they’re slowly coming and the Ford Fiesta (a best-seller in Europe) is setting a new benchmark.
Ford is no doubt very proud that the Fiesta is beating its main Japanese rivals when it comes to fuel economy, especially on the highway: The Fiesta is 5 mpg better than the Honda Fit and 4 mpg better than the Toyota Yaris, something that Ford mentions near the top of its press release.
But what matters most is that there’s finally some competition in the small car sector in North-America. For too long, no sub-compact took a decisive lead on fuel-economy and forced other automakers to match it. But now that Ford has done exactly that Toyota, Honda, Hyundai, etc, will all started paying more attention to the MPG of their smaller cars, tweaking them for weight, aerodynamics, adding more gears to the transmissions, etc. This kind of healthy competition on MPG has been missing from that segment for too long.
Fiesta Sales Success
Fiesta is continuing its sales momentum as Europe’s No. 2-selling car and Ford of Europe’s top-selling vehicle, helping increase Ford’s share in Europe’s main 19 markets. More than 500,000 Fiestas have been sold since the car was launched last autumn. In Europe, the Fiesta name has long been synonymous with outstanding drive quality, design and value. It’s winning enthusiastic media reviews in Asia. Now, the all-new Fiesta will offer North American consumers a stylish, fuel-efficient alternative.
“I am firmly convinced that the 2011 Fiesta will be a game-changer with the new car buyers in America.” said Ashley Bennett, Family Ambassador at Frank Myers Auto. “We are also confident that it will be a huge success when it enters the used car marketplace later next year.”
For updates on when the Ford Fiesta will be available as a used car in Winston-Salem, NC…visit https://www.frankmyersauto.com
