BHPH is all about CID

Written by on August 2, 2010

Do you know what CID (cash in deal) is? Its king to any buy here pay here operation. This figure it integral to every aspect of BHPH. BHPH is one of the few businesses you can actually sell yourself out of business if you don’t properly account for cash flow. CID = ACV + reconditioning + [...] Read more »

Categories: "buy here pay here training", BHPH, Buy Here Pay Here

Subprime Auto Lending Leaves Intensive Care

Written by on December 8, 2009

By Steve Finlay WardsAuto.com, Dec 3 ORLANDO – Not yet out of the hospital, subprime auto financing at least has left the intensive-care unit. The credit crunch that hit in 2008 hurt virtually all levels of financing. Subprime suffered the most, making it tough for people with low credit scores to get car loans. But so-called special financing “is [...] Read more »

Categories: buy her pay here training, Buy Here Pay Here, Special Finance, special finance lenders, special finance training, sub prime, sub prime training

Tax season checklist – part 2

Written by on November 24, 2009

How do you market to clients with a big tax refund burning a hole in their pockets? How do you get to them before they mentally or physically spend the money? Well, there are several approaches that work well. One is to get their attention during the filing process itself. This can be done several ways. Signing [...] Read more »

Categories: bhph training, Buy Here Pay Here, internet departments, social media marketing, social media marketing training, Special Finance, special finance lenders, special finance magazine, sub prime training, tax season

Better Collections Through Technology

Written by on November 20, 2009

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. Contrary to popular belief, repossessing a [...] Read more »

Categories: Buy Here Pay Here, Social Media, Special Finance