If you own an automobile shop you know sticker shock always happens all of the time. In the current day's economy it is worse because folk are trying to hold on to their money. Visa cards might be tapped out or credit is so bad they do not have any options like a 90 day payment plan or applying for another Mastercard. Regularly I talk to shops who say they are busy enough and do not worry about the buyers that will not be able to afford getting their vehicle fixed correctly the 1st time. That is really not the situation in our economy now but there are 1 or 2 shops out there with that perspective.

Should you take checks and hope the check is good? To many people have been burned by that situation. You would have to live in such a little city and know each person to take that chance. Either look for an organization that will guarantee the check and you do what you do best and fix the auto in the right way. You don’t want to have to worry about payment options but you own the business and it should be at the very top of your importance list now.

Obtaining a new Visa is difficult. Your clients are probably tapped out and even if the do have the money to get the auto fixed it would eat up the emergency cash that is left on the balance of the card. Times are hard and you need to understand that not all scenarios are avoidable. That customer may be a life long shopper if you help them out in that emergency scenario that might improve as time rolls by. The old proverb ‘never throw out the baby out with the bath water ‘ springs to mind. Credit cards are not always choose the way that it was years in the past when we all owned at least 3 visa cards. It actually was looked at as being cool to possess so many cards – not today.

Having cash is king and everyone knows that. But what if it was for a fix that cost 1000.00 bucks? I donthave a grand laying around the house and specially in my pocket. Folk are hording cash today anyway. Emergency funds have dried up on visa cards and money is the new ‘in’. That does not necessarily mean they would like to burn all of it. Medical is the #1 emergency scenario and repairing the automobile from the auto shop is number 2.

Just plain can’t have a technique to pay for the repair job. If there are no in house options to cover a significant repair job you may have to decline. Inhouse financing like a 90 day same as cash is too risky unless you've a programme which will pay you up front with no risk. You've an investment in parts and work; not to mention the lease on the building, tools for your store and just your daily bills. Find a choice since the economy surely will not going to get any better for a bit. What if it was you looking out for a choice? Now you can feel the pain of your client.

Wymetto Barnard is a pro in financial payment solutions helping tiny business’s decrease cost, increase profit and especially increase foot traffic to their store. Please contact Customer Payment Solutions to increase profits for your car business like a car finder program.

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