--- title: "Meaning & Key Takeaway of: I learned that monthly payments are the…" description: "\"I learned that monthly payments are the cornerstone of everything in the automobile business.\" — Lee Iacocca" image: "https://sms4smile.com/quotes/i/f60/lee-iacocca-3170_automobile_i-learned-that-monthly-payments-are-the_2986763.png" --- # I learned that monthly payments are the cornerstone of… ![“I learned that monthly payments are the cornerstone of everything in the automobile business.” quote by Lee Iacocca](https://sms4smile.com/quotes/i/f60/lee-iacocca-3170_automobile_i-learned-that-monthly-payments-are-the_2986763.png) [Download](https://sms4smile.com/quotes/i/f60/lee-iacocca-3170_automobile_i-learned-that-monthly-payments-are-the_2986763.png) [Open image](https://sms4smile.com/quotes/i/f60/lee-iacocca-3170_automobile_i-learned-that-monthly-payments-are-the_2986763.png) > “I learned that monthly payments are the cornerstone of everything in the automobile business.” [Lee Iacocca](https://sms4smile.com/quotes/author/lee-iacocca/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. The auto industry relies on steady monthly payments to sustain sales and profitability. **In simple terms:** Monthly payments are essential for car sales. Key Takeaway Focus on financing options. Themes finance sales automotive strategy Mood pragmatic analytical Type business financial When to use this quote - car dealerships - loan officers - financial planning - customer budgeting Key Concepts cash flow consumer credit lease vs purchase Questions to Reflect On - How can you improve payment reliability? - What alternatives exist for customers? A Different Perspective If payments are missed, revenue drops sharply. ★ ★ ★ ★ ★ No ratings yet [Automobile](https://sms4smile.com/quotes/about/automobile/) [Automobile Business](https://sms4smile.com/quotes/about/automobile-business-4673893/) [Business](https://sms4smile.com/quotes/about/business/) [Cornerstone Automobile](https://sms4smile.com/quotes/about/cornerstone-automobile-4673895/) [Cornerstones](https://sms4smile.com/quotes/about/cornerstones/) [Learned Monthly](https://sms4smile.com/quotes/about/learned-monthly-4673896/) [Monthly Payments](https://sms4smile.com/quotes/about/monthly-payments-4673892/) [Payment](https://sms4smile.com/quotes/about/payment/) [Payments Cornerstone](https://sms4smile.com/quotes/about/payments-cornerstone-4673894/) ## Related quotes > [I come from Toledo, Ohio, a town that has been hurt badly by the shift of the automobile business towards Japan. And yet I…](https://sms4smile.com/quotes/p-j-o-rourke/i-come-from-toledo-ohio-a-town-that-has-been-hurt-badly-by-the-shift/) [P. J. O'Rourke](https://sms4smile.com/quotes/author/p-j-o-rourke/) > [ Look at the \[Bill\] Clinton Administration and now the \[Barack\] Obama administration more recently. What we believe is that we implement policies that help… ](https://sms4smile.com/quotes/debbie-wasserman-schultz/look-at-the-bill-clinton-administration-and-now-the-barack-obama/) [Debbie Wasserman Schultz](https://sms4smile.com/quotes/author/debbie-wasserman-schultz/) > [The cornerstone on which all things are based is man's concept of himself.](https://sms4smile.com/quotes/neville-goddard/the-cornerstone-on-which-all-things-are-based-is-man-s-concept-of/) [Neville Goddard](https://sms4smile.com/quotes/author/neville-goddard/) > [The cornerstone of democracy rests on the foundation of an educated electorate.](https://sms4smile.com/quotes/thomas-jefferson/the-cornerstone-of-democracy-rests-on-the-foundation-of-an-educated/) [Thomas Jefferson](https://sms4smile.com/quotes/author/thomas-jefferson/) > [I am ... willing to make it clear that American foreign policy must uphold the sanctity of international treaties. 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That is the law of life, individual and social.…](https://sms4smile.com/quotes/emma-goldman/today-is-the-parent-of-tomorrow-the-present-casts-its-shadow-far-into/) [Emma Goldman](https://sms4smile.com/quotes/author/emma-goldman/) > [The ability to Self-Motivate is a cornerstone of true wealth.](https://sms4smile.com/quotes/bob-proctor/the-ability-to-self-motivate-is-a-cornerstone-of-true-wealth/) [Bob Proctor](https://sms4smile.com/quotes/author/bob-proctor/) > [“Weirdism is definitely the cornerstone of many an artist's career.”](https://sms4smile.com/quotes/anonymous/weirdism-is-definitely-the-cornerstone-of-many-an-artist-s-career/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [Intolerance has always been one of the cornerstones of Christianity - the glorious heritage of the Inquisition. It's no coincidence that most of my…](https://sms4smile.com/quotes/madalyn-murray-o-hair/intolerance-has-always-been-one-of-the-cornerstones-of-christianity/) [Madalyn Murray O'Hair](https://sms4smile.com/quotes/author/madalyn-murray-o-hair/) > [Its foundations are laid, its cornerstone rests, upon the great truth that the negro is not equal to the white man; that slavery .…](https://sms4smile.com/quotes/alexander-h-stephens/its-foundations-are-laid-its-cornerstone-rests-upon-the-great-truth/) [Alexander H. Stephens](https://sms4smile.com/quotes/author/alexander-h-stephens/) > [No well-planned retirement should be without long term care insurance. It is the very cornerstone of retirement security.](https://sms4smile.com/quotes/suze-orman/no-well-planned-retirement-should-be-without-long-term-care-insurance/) [Suze Orman](https://sms4smile.com/quotes/author/suze-orman/) > [Entrepreneurship is the cornerstone to African development and the key to local value creation in Africa. I am determined to ensure that Africa's next…](https://sms4smile.com/quotes/tony-elumelu/entrepreneurship-is-the-cornerstone-to-african-development-and-the/) [Tony Elumelu](https://sms4smile.com/quotes/author/tony-elumelu/) > [“Let faith and hope be the cornerstones for all of your tomorrows.”](https://sms4smile.com/quotes/deborah-l-parker/let-faith-and-hope-be-the-cornerstones-for-all-of-your-tomorrows/) [Deborah L. Parker](https://sms4smile.com/quotes/author/deborah-l-parker/) ## More by Lee Iacocca > [The right decision is the wrong decision if it's made too late.](https://sms4smile.com/quotes/lee-iacocca/the-right-decision-is-the-wrong-decision-if-it-s-made-too-late/) [Lee Iacocca](https://sms4smile.com/quotes/author/lee-iacocca/) > [“Apply yourself. Get all the education you can, but then...do something. Don't just stand there, make it happen.”](https://sms4smile.com/quotes/lee-iacocca/apply-yourself-get-all-the-education-you-can-but-then-do-something/) [Lee Iacocca](https://sms4smile.com/quotes/author/lee-iacocca/) > [The ability to concentrate and to use time well is everything.](https://sms4smile.com/quotes/lee-iacocca/the-ability-to-concentrate-and-to-use-time-well-is-everything/) [Lee Iacocca](https://sms4smile.com/quotes/author/lee-iacocca/) > [There are times in everyone's life when something constructive is born out of adversity... when things seem so bad that you've got to grab…](https://sms4smile.com/quotes/lee-iacocca/there-are-times-in-everyone-s-life-when-something-constructive-is/) [Lee Iacocca](https://sms4smile.com/quotes/author/lee-iacocca/) > [In a completely rational society, the best of us would be teachers and the rest of us would have to settle for something else.](https://sms4smile.com/quotes/lee-iacocca/in-a-completely-rational-society-the-best-of-us-would-be-teachers-and/) [Lee Iacocca](https://sms4smile.com/quotes/author/lee-iacocca/) > [It was emotional when Chrysler sold out to the Germans.](https://sms4smile.com/quotes/lee-iacocca/it-was-emotional-when-chrysler-sold-out-to-the-germans/) [Lee Iacocca](https://sms4smile.com/quotes/author/lee-iacocca/) > [We are continually faced by great opportunities brilliantly disguised as insoluble problems.](https://sms4smile.com/quotes/lee-iacocca/we-are-continually-faced-by-great-opportunities-brilliantly-disguised/) [Lee Iacocca](https://sms4smile.com/quotes/author/lee-iacocca/) > [The greatest discovery of my generation is that human beings can alter their lives by altering their attitudes of mind.](https://sms4smile.com/quotes/lee-iacocca/the-greatest-discovery-of-my-generation-is-that-human-beings-can/) [Lee Iacocca](https://sms4smile.com/quotes/author/lee-iacocca/) > [No matter what you've done for yourself or for humanity, if you can't look back on having given love and attention to your own…](https://sms4smile.com/quotes/lee-iacocca/no-matter-what-you-ve-done-for-yourself-or-for-humanity-if-you-can-t/) [Lee Iacocca](https://sms4smile.com/quotes/author/lee-iacocca/) > [Be creative. Use unconventional thinking. And have the guts to carry it out.](https://sms4smile.com/quotes/lee-iacocca/be-creative-use-unconventional-thinking-and-have-the-guts-to-carry-it/) [Lee Iacocca](https://sms4smile.com/quotes/author/lee-iacocca/) > [ They're on you day and night. Their oversight is just too extreme \[. . .\] That's why our 10-year loan, we paid it back… ](https://sms4smile.com/quotes/lee-iacocca/they-re-on-you-day-and-night-their-oversight-is-just-too-extreme-that/) [Lee Iacocca](https://sms4smile.com/quotes/author/lee-iacocca/) > [I hire people brighter than me and then I get out of their way.](https://sms4smile.com/quotes/lee-iacocca/i-hire-people-brighter-than-me-and-then-i-get-out-of-their-way/) [Lee Iacocca](https://sms4smile.com/quotes/author/lee-iacocca/) > [I have found that being honest is the best technique I can use. 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The fear that something may happen to you…](https://sms4smile.com/quotes/jean-webster/in-spite-of-being-happier-than-i-ever-dreamed-i-could-be-i-m-also/) [Jean Webster](https://sms4smile.com/quotes/author/jean-webster/) > [I do not use airplanes. They strike me as unsporting. You can have an automobile accident-and survive. 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The postwar period also saw the suburbanization of…](https://sms4smile.com/quotes/barry-ritholtz/the-electronics-industry-expanded-rapidly-and-the-seeds-for-the/) [Barry Ritholtz](https://sms4smile.com/quotes/author/barry-ritholtz/) > [I'm a huge fan of John Hughes and can say that 'Planes, Trains and Automobiles' is easily a top 3 favorite. I'm also a…](https://sms4smile.com/quotes/ryan-mcpartlin/i-m-a-huge-fan-of-john-hughes-and-can-say-that-planes-trains-and/) [Ryan McPartlin](https://sms4smile.com/quotes/author/ryan-mcpartlin/) > [“Most people do not realize that they are one car crash away from death.”](https://sms4smile.com/quotes/steven-magee/most-people-do-not-realize-that-they-are-one-car-crash-away-from-death/) [Steven Magee](https://sms4smile.com/quotes/author/steven-magee/) > [This country has achieved its commercial and financial supremacy under a regime of private ownership. 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