You've been doing BHPH for years. You understand the customer, you've learned how to identify risky applicants, you get how to structure a deal, and unfortunately, you have learned how to accept the 34.97% loss rate as just part of doing business. What if you could twist the BHPH business model just a little bit and protect yourself from 34.97% loss?
Almost 30 years ago, in direct response to the feedback and concerns of BHPH dealers, Mr. Al Lentsch developed the original used car leasing progrma called Ren'T'Own. Although very similar to the BHPH model, Ren'T'Own has a little twist that provides a win/win for the customer an the dealer.
What's the Twist? With Ren'T'Own, the vehicle remains titled to the dealership throughout the term of the lease. As titled owner of the vehicle, and with the unique Ren'T'Own lease contract:
You are able to service customers of all credit backgrounds
You have leverage over delinquent payers
You have protection from your customer's bankruptcies
You eliminate the expense and time consuming process of repossessions
You reduce tax burdens
You can claim depreciation on the Ren'T'Own vehicles
YOU are the only dealer the customer can go to if they want to trade.
We're not asking you to make a big change in how you do business, we're just suggesting a small twist that will make a BIG difference in your protections and your profit.
Learn more about the benefits of Ren'T'Own by visiting our website: www.HelpingDealers.com and www.RtoLto.com or by calling us at 800-879-3433.