History of Uncle Frank/Part 6 – The Muppet

Uncle Frank, The Muppet?

It was the late ‘60s – and the Public Broadcasting Corporation was ready to launch a revolutionary new children’s program, Sesame Street. Jim Henson, the master puppet-maker, had created a whole new set of Muppets for the show – but the producers still weren’t satisfied; they felt the characters were either too short (Grover) or too tall (Big Bird. They wanted at least one regular-sized Muppet.

Henson, overworked and out of ideas, was driving through the Winston-Salem area, when he happened to spot a Frank Myers Auto Maxx commercial starring Uncle Frank on his Super 8 Motel TV. He couldn’t believe his eyes – with his colorful outfit and happy smile, this guy looked exactly like a big friendly Muppet!

Uncle Frank agreed to the offer, seeing an opportunity to sell to a whole new demographic. Sadly, once again, Uncle Frank only made it as far as the photo shoot – when he quickly realized no Muppet would ever buy a car from him – none of them had any feet to work the gas and the brakes with!

About Uncle Frank

Uncle Frank has lived many lives and has many stories to share. He currently resides in Winston Salem, NC where he spends his days as the Frank Myers Auto Maxx Mascot.

Be sure to read History of Uncle Frank/Part 5 – The Astronaut and check back for future editions later.

* Uncle Frank Sez: “All content in The History Of Uncle Frank is a mixture of parody, poor satire, and/or (very) lame humor. It is for entertainment purposes only.” 

Frank Myers Auto Maxx Names To List Of America’s Fastest-Growing Private Companies By Inc. Magazine

inc awards frank myers autoFor the 5th Consecutive Year, Frank Myers Auto Maxx Appears on the Inc. 5000 list with Three-Year Sales Growth of 114%

Inc. magazine today ranked Frank Myers Auto Maxx  #3006 on its 35th annual Inc. 5000, the most prestigious ranking of the nation’s fastest-growing private companies. The list represents a unique look at the most successful companies within the American economy’s most dynamic segment— its independent small businesses. Companies such as Microsoft, Dell, Domino’s Pizza, Pandora, Timberland, LinkedIn, Yelp, Zillow, and many other well-known names gained their first national exposure as honorees of the Inc. 5000.

“I’m grateful for the amazing Team Members who made this happen, I’m thankful for our community for allowing the Myers family to serve them for the past 85 years and I’m appreciative of the world’s most loyal customers…the customers of Frank Myers Auto Maxx…for allowing us to serve them and provide them both automotive service and repair as well as with nicer, newer cars,” said Tracy Myers, owner of Frank Myers Auto Maxx. “And while this recognition is humbling, my goal is to never lose sight of the fact that NONE of this would be possible without God because all things are possible through him.”

The 2016 Inc. 5000, unveiled online at Inc.com and with the top 500 companies featured in the September issue of Inc. (available on newsstands August 23) is the most competitive crop in the list’s history. The average company on the list achieved a mind-boggling three-year growth of 433%. The Inc. 5000’s aggregate revenue is $200 billion, and the companies on the list collectively generated 640,000 jobs over the past three years, or about 8% of all jobs created in the entire economy during that period. 

“The Inc. 5000 list stands out where it really counts,” says Inc. President and Editor-In-Chief Eric Schurenberg. “It honors real achievement by a founder or a team of them. No one makes the Inc. 5000 without building something great – usually from scratch. That’s one of the hardest things to do in business, as every company founder knows. But without it, free enterprise fails.”

More about Inc. and the Inc. 500|5000

Methodology

The 2016 Inc. 5000 is ranked according to percentage revenue growth when comparing 2012 to 2015. To qualify, companies must have been founded and generating revenue by March 31, 2012. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2015. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2012 is $100,000; the minimum for 2015 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.’s September issue. They represent the top tier of the Inc. 5000.

About Inc. Media:

Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today’s innovative company builders. Winner of the National Magazine Award for General Excellence in both 2014 and 2012. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 15,000,000 today.  For more information, visit www.inc.com.

The Inc. 5000 is a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list of the nation’s most successful private companies has become the hallmark of entrepreneurial success. The Inc. 5000 Conference & Awards Ceremony is an annual event that celebrates their remarkable achievements. The event also offers informative workshops, celebrated keynote speakers, and evening functions.

3 Things Every First Time Car Buyer Should Do

First Time Car Buyers

If you are new to the car buying scene you may have experienced some common feelings: Exhaustion, anxiety and confusion. Sound like you? It doesn’t have to be like this! With the help of a trusted automotive professional and a little research on your part, you can find the perfect vehicle for you and your needs without experiencing any of these seemingly terrible feelings! It can actually be quite an enjoyable experience for those who love to shop or are anxious to get behind the wheel of their very own vehicle. We’ve come up with a short list of the MUST do’s when considering buying your very first vehicle.

Research

Think you know what kind of car you’re looking for? Take the time to research features and models that are important to you. Doing a little research before stepping foot on the lot will help you find the best deals and know when to walk away. It can also empower you to make decisions and help calm your nerves. When you understand more about what you’re buying you will know exactly where you money is going and you may also lift the rose colored glasses on some features or add ons that can be costly. If you aren’t a big music lover, paying for that sound system really isn’t worth the extra speaker, maybe you don’t need the 8-way power adjustable seat but you would like leather detailing. Learn the value and assess what’s important to you before you’re overwhelmed by choice and price tags.

Build a Budget

When you are really excited about that big purchase it can get easy to get lost in all the features, add ons and new model upgrades thrown your way. To keep yourself from getting distracted by all the bells and whistles of a new vehicle, make a budget prior to heading to the dealership. If you have any shopping companions, tell them your budget and get them to help you stick with it! It’s easy to say yes to the added features when you see their seemingly small price next to the larger, overall price of your vehicle but these things add up quickly. Don’t let a $100 or $200 there throw off your finances. If you’ve done your research you know what kind of vehicle and the features that you can afford. Stick to it!

Shop Around

Now that you know what you want and you know how much you have to spend, you’re ready to shop! Take the time to cruise a couple different dealerships not just for pricing but for salespeople. Great sales staff will make a difference for you and your vehicle. If you walk on a lot and someone is pushing you into a vehicle you don’t really want, they might not have your best interest at heart. Shopping around will also allow you to find a trustworthy individual to help you find a payment plan that will work for you. Don’t worry, there are not sneaky sales people all over the place, trust your instincts and come armed with your knowledge of how much things cost, and how much you can spend.

If you are looking for your very first vehicle, it can be easy to become overwhelmed. Using some of these points you can make the process a little smoother and even enjoy your experience! If you’re looking for a reputable financing department in North Carolina, you can contact Frank Myers Auto Maxx in Winston-Salem to learn more about automotive financing!

What Is A Subprime Car Loan Anyways?

What Is A Subprime Car Loan

When shopping for a new vehicle, some of us are faced with past credit problems. If you have a poor credit score or no credit score you’ve probably heard the term “subprime loan” thrown around a lot. You have enough to worry about when shopping for your new vehicle without hearing new terms and jargon. To help ease the process we can help you understand what a subprime loan is and how it can help you get the car, truck or SUV you need.

What is a subprime loan?

A subprime loan is designed for people who have low credit scores. They enable people who may not have the greatest review with creditors to get a loan at a higher interest rate than other lenders or “prime” loans may receive. These loans a typically labelled as being at a higher risk of default than other loans. There is no cut and dry line on what distinguishes a prime rate from a sub-prime rate so it’s a good idea to speak with your reputable auto lender to discuss your rate and what you can afford. While there is no strict definition, the Federal Reserve defines a subprime loan as a loan that carries an interest rate at least three percentage points higher than the rate on a US Treasury bond that has the same term as the loan. Keep this in mind going forward in your auto loan!

How can a subprime loan help you?

A subprime loan is a second chance. You can secure an auto loan and get the car or truck you need! Yes, the interest rate is higher but if you can afford the payments it may be worth more than just a new vehicle to sign up for a subprime loan. Consistent making payments can help raise your credit score over time and ultimately get you a better rate on loans in the future! Because there is no fixed subprime rate, it’s a good idea to shop around for a loan before signing up and it’s an even better idea to start with a lender who has a great reputation.

Shopping for a car can be stressful but it doesn’t have to be. Doing some research can help make this process easier. Knowing what a subprime loan is and how it can work for you and your financial needs is a great first step. For more information about subprime loans, use the resources around you including dealerships like Frank Myers Auto Maxx in Winston-Salem, NC. Getting a loan can be your first step out of bad credit, and enable you to keep shopping for the car you need!

How Big Should Your Auto Loan Down Payment Be?

cheap used car down payments

Purchasing a car is one of the largest investments we make. It can be a challenging field to navigate especially when considering financing options with bad credit. In order to start rebuilding bad credit, you have to enter into an affordable agreement and make timely monthly payments that you can afford. Most vehicle financing programs start with a down payment followed by a term length agreement, where you choose how long it take you to pay back your lender but some dealerships offer no money down programs for buyers. Choosing how to balance term length and size of down payment can be difficult and should be carefully considered.

How big a down payment do you need?

It’s possible that you won’t need a down payment at all and even those with poor credit can to benefit from these programs. When considering a down payment it should be noted that contributing money upfront can help reduce both your interest rate and your term length. While many factor contribute to your interest rate, a down payment will often afford you a lower interest rate and a lower monthly payment. If keeping your monthly payments low is high on your priority list, then contributing a larger down payment is a must or you selecting a less expensive vehicle.

If you’re credit score is low or less than ideal, you should save up a reasonable down payment so you can secure a better rate. A lower credit score will yield a high interest rate so your best bet is to pay a little more up front. That said, don’t be scared to look around for the best loan rate. If you know your budget and can put forward a 30% down payment but you can get the same or a better rate for only 20% down, hold on to that extra cash.

If a new vehicle is in your future but you don’t need it right away, start putting some money aside. Only you know what’s best for your personal finances and if purchasing a car outright isn’t for you then having a healthy savings to dip into where if you don’t use it all you’ll have a little extra cash for monthly payments if need be. Plus, being able to come to the table with some more money behind you may put you in a better bargaining position. If paying that extra 5 or 10% gets you a lower rate or shorter term, it may be worth it in the long run as the longer you take to pay people back, the more interest you’re going to pay.

While you’ll hear some mixed messages around how much you should be paying, the consensus seems to be that at least 10% down is ideal. We know that this isn’t always possible especially if your need for a new car is sudden. If you can’t manage this or any down payment, speak with a qualified auto loan specialist such as the ones at Frank Myers Auto Maxx in Winston-Salem  and discuss your options. Having bad credit or limited options doesn’t have to prevent you from securing a great quality vehicle at an affordable price.