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Cover Story - March 2019

The Evolution of Winter Tires

By: Bob Ulrich

True or false: A tire with the 3-Peak Mountain Snowflake symbol stamped on the sidewall is always a winter tire. The answer is false: A winter tire must be branded with the symbol, but that alone doesn’t make it a winter tire.

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Article

A Look at AFF, a Provider of Leases and Loans for Tires

In its roundup of credit options for tire retailers, Modern Tire Dealer reached out to American First Finance (AFF), which offers both installment loan programs and lease-to-own (LTO) programs. Here's an overview of AFF's options.

Nearly four out of 10 tire dealers surveyed by Modern Tire Dealer offer no-credit-needed payment options to consumers. Photo by Getty Images
Article

No-Credit-Needed Options Help Dealers Capture More Sales

Consumers expect to see a variety of payment options available wherever they shop, and their local tire store is no exception. One way to open up a tire store to more tire buyers is to offer affordable monthly payment plans that do not rely solely on a credit score for approval.

Article

10% Net Profit: Get Your Fair Share

Every year, you have a chance to be fair to your customers, your employees, and yourself. Earning 10% net profit year-over-year is your fair share, and it’s your retirement. The "industry norm" of 2% to 3% net profits will not be enough.

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