A GPS costs $80-100 and at the end of the term you can take it out of the vehicle and use it again. If you are doing a 12 to 18 month term or more and you loan out idk say $4000-5000 or more and need to collect your interest on top of that why on earth would you not protect an investment for so little money? When certain customers aren’t making payments and you can’t find the car you’ll have wished you put the GPS unit in and with BHPH you come across that problem.
Do you know the ins and outs of vehicle finance?
I'm not talking just Buy Here Pay Here financing but also working with third party lenders.
The longer you go without knowing the ins and outs on how to do this the more deals you are missing out on. You are also making WAY smaller profits and probably wont be in business long.
There is a fast solution! Set up a call with me to see how I can be of service.
rick dyer,flip cars,auto auction,car auctions,buy here pay here,bhph,dealers license,jamie jones,randy barber,used car lot,dealer auction,used car dealer,
0 Comments