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With the capital markets on the mend, special finance could be on the comeback trail, that’s if bank regulators and financial services reform don’t get in the way. Insider breaks down the market.
Read More →The National Alliance of Buy Here, Pay Here Dealers (NABD) announced the preliminary details for its 12th Annual National Buy Here, Pay Here Conference at the Venetian Las Vegas Hotel & Casino.
Read More →Dealers have found increased cash flow and profitability after moving from a new-car or BHPH/RTO model to lease-here, pay-here. Leasing expert breaks down the advantages of LHPH and discusses the potential risks.
Read More →Vehicle Acceptance Corporation (VAC), a national buy-here, pay-here lender, and PassTime, a starter interrupt/GPS device manufacturer, are launching a coordinated effort to jointly market PassTime’s Starter Interrupt and GPS devices and VAC’s cash and service solutions.
Read More →Did you know that having a follow-up plan that stretches out 18 months can help you double your leads conversions? Marketing expert puts you on the path to doing just that.
Read More →Repossessing a vehicle is never a good thing, but technology has certainly come a long way in helping dealers do just that. The Special Finance Coach discusses how to keep customers on time with their payments, as well as how social-networking sites like Facebook can help when they’re not.
Read More →Wolters Kluwer Financial Services released RefundOne Q4, a tax estimation solution to help buy-here, pay-here (BHPH) dealerships sell inventory at year-end.
Read More →So you’ve decided to give it a go. The first thing you need to do is create a business plan for your new buy-here, pay-here operation. Special finance trainer provides the five things your business plan must have.
Read More →Get inside the head of this special finance dealer, and find out if the buy-here, pay-here model is right for you.
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When it comes to the buy-here, pay-here model, payment assurance technology definitely strengthens a dealer’s ability to keep customers current. But these devices are only part of the equation for a successful operation.
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