Merchant Cash Advance Blog

Looking for a new, creative way to increase revenue for your auto shop? Consider offering a rent-to-own program for tires and wheels.

The Rent-To-Own Concept

The rent-to-own concept is nothing new. It’s used in various industries from electronics retail to real estate. Still, it's fairly new to auto shops.

If you own an auto repair shop, then you know how difficult it can be to attract new customers while working hard to satisfy existing ones.

However, there are things that you can do to help your potential customers recognize you in a sea of competitors. Try one of these three ideas to attract new customers that will choose your auto repair shop again and again.

If your car began to smoke ominously while you were a few feet away from an unfamiliar garage, would you risk pushing your ailing vehicle across town to your regular provider? If your auto repair service is tethered to one garage, you probably hate questions like that. To keep your clientele and grow your business, you need to kick those geographic boundaries to the curb by adding mobile auto repair to your menu of services.

Automobile technology is evolving quickly, and auto-repair shops must adapt to continue to delight their customers.

In fact, USA Today recently reported that “A typical car may have 20 or more microprocessors working together, each running software with thousands of lines of code to control vital systems.”

Does your business have the auto repair tools necessary to service contemporary, state-of-the-art vehicles?

The automobile industry saw a sharp decline in sales in 2008 and 2009 which certainly affected automotive repair shops; however, changes in lending tactics and inventory surpluses have made it easier for consumers to once again purchase new vehicles and they are gravitating toward very specific types. Now, auto repair shops should align themselves with consumer buying habits to ensure that new car owners will become their customers in the upcoming year.