A thousand dollars of profit. If the vehicle has any rot on it, this would be considered a cancer. A customer who does not negotiate very well and is taken in for huge profits. Someone—either a fellow employee or a customer— that goes to one's superiors in order to complain or inform on someone. Someone who tags along with a buyer in order to negotiate for the other person.
When a salesman lets a customer leave without checking with management and failing to gather your information. The smallest commission a salesman can get, meaning very little profit on the deal. Someone—either a fellow employee or a customer— that goes to one's superiors in order to complain or inform on someone. The amount of profit made in the finance office by selling warranties and insurance and all other kinds of extras. A thousand dollars of profit. Someone who has a credit rating so poor it's impossible to get financing. Anything sold to the customer that does not already come with the vehicle like alarms, scotch guard, etc. A two pounder is two thousand, a three pounder is three, etc. Someone who comes into a dealership to browse, with no desire to purchase a vehicle. Someone who is new at selling cars. The person in the dealership that has you sign the contracts and tries to up-sell you with warranties and Insurance. The amount of miles the car has, with each mile representing one click of the odometer. A deal with a moderate profit. Below, you'll find definitions for the words that are used by car salespeople. The amount of interest on a loan. A vehicle with a high level of body damage. A salesman who has a tough time closing deals could be called a "weak salesman. When the balance on your trade exceeds the actual value of the vehicle. The disability and life insurance policies sold in the finance office. The equivalent of one thousand dollars. Someone who comes into a store claiming they are going to buy a vehicle but never actually buys anything. Similar to a blower, someone who comes into the dealership trying to buy a car but wasting the salesman's time by never actually committing to a purchase. Hit Everything but the Lottery: When you do not present your trade-in to the dealer until you have already negotiated a lower price on the car you are purchasing. The amount of money that you owe on your vehicle minus the value of the vehicle. Someone who has an incredible credit rating.
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