CBT News(@CarBizToday):As profit margins normalize, scrutinizing operational overhead is key. Angelo Mendola, President & COO of Priority Payments Local, discusses how passing credit card processing fees to consumers while offering fee-free alternatives like debit or cash can help dealerships recover substantial operating expenses. For multi-store operations, this could mean hundreds of thousands in pure net profit per rooftop every year!

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CBT News@CarBizToday

2026.08.27 18:49

As profit margins normalize, scrutinizing operational overhead is key. Angelo Mendola, President & COO of Priority Payments Local, discusses how passing credit card processing fees to consumers while offering fee-free alternatives like debit or cash can help dealerships recover substantial operating expenses. For multi-store operations, this could mean hundreds of thousands in pure net profit per rooftop every year!