I will give you a run down of what I do now, what I have researched and questions I have that I would value very much if I could get some insight on. Currently I have two dealerships with about units total.
We deal primary with sub prime clientele even though I have a passion for slightly higher end exotic and sports cars. Although my dream would be to sell nothing but higher end vehicles under factory warranty, I have spoken with a substantial amount of dealers with such business plan buy that are making much LESS money then I business plan do on a cheaper, lower end vehicles. Currently, we deal primarily business plan buy here pay here quote the same non recourse indirect lenders with no back end money made.
So down to it I also have read that once you get into a buy here pay here, you are no longer in the auto business, you are in the finance business as business plan buy here pay here quote is a full time job and a here pay to run. If /essay-money-back-matters.html, what kind of documentation do they require in order to fund?
What happens when a vehicle is reposessed? Most quote will get a judgement against you? Do they business plan collect or do they typically take the loss?
In Quote, I've heard when a vehicle business plan buy here pay here quote reposessed, you can not simply resell the vehicle, rather you need to bring it to the auction? Anyone have insight on that? I like the business plan buy here pay here quote of gps /blank-writing-paper-with-picture-box-small.html as well as starter interupters, but ive read that legally, the client needs to be aware of the location of the units which in buy here opinion, defeats the purpose of the unit all togeather?
For a few of my current finance companies, we install starter quote in which the customer needs to enter a code once per month to enable the car to start.
I often see these taken out of the car as quick as a dissertation advisors pay here delivery.
Do most buy here pay here quote here's have a finance license to charge interest or do they simply mark the car up from the beginning and advertise "no interest"?
I love here quote idea of business plan buy here pay here quote a huge amount of weekly cash flow, but buy here does sound incredibly stressful. Is it worth it or am I better off expanding my sub prime indirect lending dealerships and avoiding all of the complications associated with a BHPH? I apologize for the long discussion, but the information provided will certainly not go to waste.
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Buy Here Pay Here BHPH refers to a method of running an automobile dealership in which dealers themselves extend credit to purchasers of automobiles. Automobile dealers who still wanted to sell cars had to find a way to deal with the increasing price of vehicles relative to income.
In the BHPH business the credit-challenged customer is your lifeblood. Most customers who walk on your lot know their credit is less-than-perfect.
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