HEAD TO HEAD PROFIT COMPARISON
BHPH VS LEASE'T'OWN®
Whether you’re already doing Used Car Leasing at your dealership or just thinking about starting, we want to remind you about the incredible tax advantages that come along with this great program!
We recently compared BHPH with Northland’s Lease’T'Own® program –
Head to Head…Apples to Apples.
Same number of cars
Bringing in the same income
Deducting the same operating expenses
Using the same tax rates
Using the same down payments
Using the same EVERYTHING!
We figured on average, it was realistic for dealers to sell or lease 10 cars per month for 12 months. We used the time frame of January through December and National averages provided through NCM Associates for the cost of vehicles, weekly payments, and average contract length. The results were undeniably in favor of…
The net profit difference is primarily due to Lease’T'Own®’s tax advantages.
With BHPH you pay, taxes on the entire contract at the end of the first year. With Lease’T'Own® you are paying Federal and State Income Taxes only on the payments received. On average, you should be seeing more than 60% additional net profit than BHPH for a similar amount of work.
Sound too good to be true? We’d love to prove it to you! We will provide you with a personalized profit analysis using your Federal and State Income Tax rates.