Published on June 17, 2007
Slide1: Oasis Finance, LP Creating Income in Slow Times The Independent Dealer’s Dilemma: Slide2: As we call on dealers, the most common comments are how slow business is and how expensive vehicles are this year. How will you increase your profit? Slide3: Cutting your sales staff just means you have to work longer hours or close the store when you are buying vehicles. Cutting advertising means even fewer sales, which equals less income. Slide4: Why not start a Finance and Insurance ('Fandamp;I') department? Don’t know how? That’s where we come in. Slide5: THE OPPORTUNITIES Increase revenue Increase profitability Improve your bottom line Enhance your store’s image Expand your service offerings Improve Customer Satisfaction Slide6: THE CHALLENGES Fandamp;I is one of the most overlooked aspects of the car business, since its focus is on back-end profits, rather than the front-end. The knowledge required to be effective and profitable in the Fandamp;I business is usually hard to come by, and requires constant updating on a broad range of products. Lack of knowledge leads to lack of profitability, which results in frustration, and ultimately, defeat. The overhead normally required to staff an Fandamp;I department is usually too high, especially for smaller independent dealers. Slide7: WHAT WE OFFER We call our offering Fandamp;I 'Outsourcing' but… We’re really using innovative technology to build a new department in your Dealership! Think of it as a 'virtual' Fandamp;I department… Including: Your own personal experienced Fandamp;I Manager (via CCTV) Lenders! (Both Prime andamp; Sub-Prime) Value-Added Products: Service Contracts, Gap, Road Side Assistance, Tire andamp; Wheel, and more Slide8: WHAT WE DO We bring your customer into the 'Closing Office' that we set up in your Dealership and we interview them in real-time using Internet-based Video Teleconferencing (which requires that you have a Broadband high-speed Internet service). We negotiate the payment with them and then we help them buy whatever add-ons might apply to their situation. The forms are printed right in your Dealership. You get the signatures and you deliver the vehicle. Then we split the profits with you. It’s that simple. Really. Slide9: AND WE DO ALL THIS… For Free! And we guarantee our claims! If we don’t return your entire Dealer Signup Fee in full from profits within 120 days from your contract commencement date, we’ll refund the difference of your Dealer Signup Fee, less your cumulative Oasis profits! Slide10: THIS IS NOT HYPE, BLUE SKY, OR THE SWEET BY-AND-BY… We have real lenders with real money to lend, both prime and sub-prime, and real dealers using the system right now. Slide11: WHAT CAN IT LOOK LIKE? Avg. Income per Unit without Fandamp;I, according to the NIADA: $25 Avg. Income per Unit with Fandamp;I, according to the Leedom andamp; Assoc.: $656 15 units per mo. @ $328 ea.: $4,920 profit 20 units per mo. @ $328 ea.: $6,650 profit That’s an extra $78,720 in profits next year! Slide12: HOW DO WE DO IT? Slide13: Broadband-2 Dealer’s Service Provider (Cable Co. 2) Broadband-1 Oasis’ Service Provider (Cable Co. 1) Fixed IP Address Oasis Finance Call Center in OKC Video Recording Signal Your Dealership Sales Office Fixed IP Address Inventory Data Forms Deal Data Closing Interview 2nd (Dedicated) Line Strongly Recommended ---------------------- Bandwidth Min = 512K/512K Key Enabling Technologies LogMeIn.com’s IT Reach (for remote PC control) Mustard Seed System (for Loan Documentation and forms printing) D-Link’s I-2-Eye Phone (for Broadband Video Calls) Digital Video Recording (for capturing disclosures to customers) Virtual Private Network (VPN) (for keeping data confidential) Slide14: SIGN-UP STEPS: Initial Assessment Broadband Assessment Dealer Services Agreement Dealer Sign-Up Fee Limited Power of Attorney Full Disclosure to Lenders Slide15: WHEN CAN WE GET STARTED?