Ken Criscione

Automotive General Manager / Finance Director moving us forward in an unstable market

[Ken Criscione @carbiz2]

@AndrewBolis Money

[Ken Criscione @carbiz2]

@GuyDealership You too and all in car dealership guy land! Happy Fourth of July

[Ken Criscione @carbiz2]

@GuyDealership @asotu_ It’s funny you should say that in this episode. That’s the issue I have with the dealership now I have two major tools built out with thousands of dollars involved and we’re waiting for the attorney to OK. Completely compliant.

[Ken Criscione @carbiz2]

@GuyDealership The state is a true wreck. Billionaires leaving with thier companies, ridiculous building regulations all while the the leadership trying to give everything away as entitlements. Now this.

[Ken Criscione @carbiz2]

@GuyDealership Sounds like an episode. Just sayin! @GuyDealership

[Ken Criscione @carbiz2]

@GuyDealership @HaigPartners This is why you need to be operationally disciplined. And brings up the old question. What GM is better? One foot fix ops no variable experience. Or one from variable with no fix ops experience. This is a good debate.

[Ken Criscione @carbiz2]

@GuyDealership The finance box gets a bad reputation for no reason. It’s kind of like the fear of the unknown. A true professional could overcome the last 6% of those shoppers through a good personality and a very good process.

[Ken Criscione @carbiz2]

@GuyDealership @bbenstock @Paragon_Honda @Paragon_Acura Poison it is. This is a hard one. Policing the customers options. Hmmmm good thought but maybe the customer should choose to be more economical in the vehicle choice. I like the integrity and the discipline but still hmm. Not a fan of bi-weekly but it would help here

[Ken Criscione @carbiz2]

@GuyDealership Fixed apps has always been a foundation in the glue the dealership finally we’ve realized that they’re not silo. They all work in sync for the overall Good of the business. It’s good to see the emphasis and it will definitely drive sales.

[Ken Criscione @carbiz2]

@GuyDealership When you have such a great line up with the combination of having high level executives formerly from Nissan with a chip on their shoulder. They are sure to move the needle.

[Car Dealership Guy @GuyDealership]

" If you have the process and you follow it every time, and you are compliant and you do the right thing, you'll do fine.  Good finance managers rise to the top, everybody just keeps leveling up your game."

Rising repair costs are changing the way some finance managers view product value.

Kenneth Criscione, Finance Manager at Harte Auto Group, explains why service contracts can play a bigger role when affordability is already stretched.

Daily Dealer live hosted by @samdarc — listen to the full episode here: https://t.co/tj0exjHSDv

-

Thank you to our partner @OPENLANEUS! Check them out by visiting: https://t.co/wdrtJxToz3 .

[Car Dealership Guy @GuyDealership]

LIVE: @carbiz2 on Margin Compression, Highstreet on Liability, WE Auto on Culture | Daily Dealer Live https://t.co/MN9i59cc1D

[Car Dealership Guy @GuyDealership]

Some finance leaders are moving closer to the inventory problem.

Kenneth Criscione, Finance Manager at Harte Auto Group, explains why finance is becoming part of the store’s service drive and off-street acquisition strategy.

" I have a process from the moment the customer comes in until the moment that they leave. It's the same every single time, and that's really what drives things forward. Consistency and discipline is what you need."

Daily Dealer live hosted by @samdarc — listen to the full episode here: https://t.co/tj0exjHSDv

-

Thank you to our partner @OPENLANEUS! Check them out by visiting: https://t.co/wdrtJxToz3 .

[Ken Criscione @carbiz2]

@GuyDealership @Select_FI This is why the ship needs to be tight. It’s the highest profit department with the most capability. You wanna be under the radar be compliant to your due diligence and sell sell sell

[Ken Criscione @carbiz2]

@GuyDealership @LEOP832 Boy, this is in my wheelhouse can’t wait let’s get this going

[Ken Criscione @carbiz2]

@GuyDealership All the factors that are out there like a runaway train, you need to reel those in. Labor cost, materials cost, oil cost impact and customer participation

[Ken Criscione @carbiz2]

@GuyDealership We knew this would probably show its ugly head after the perfect storm of the trifecta. Covid high prices hitting, scarce city of new and used vehicle inflationary bump. And cost of credit. This is a hole that only innovation and creativity can be fixed by talented employees

[Ken Criscione @carbiz2]

@GuyDealership Could be a couple of factors great conversation for the pod

[Car Dealership Guy @GuyDealership]

@carbiz2 Demand. Tis the season..!