What is Ren'T'Own® & Lease'T'Own®?
Ren'T'Own® & Lease'T'Own® are not two separate programs. There is absolutely no difference between Ren'T'Own® and Lease'T'Own®, They are our registered trademarks and are simply marketing terms to used to discribe our TurnKey Used Car Leasing program.
The Ren'T'Own®/Lease'T'Own® business model was founded in 1990 by Allen Lentsch, Executive Director of the Northland Independent Automobile Dealers Association. Based on his years of experience in the automotive industry and on feedback from dealers like yourself, Mr. Lentsch developed the concept of Ren'T'Own® as a way for dealers to overcome many of the issues they were facing in their every day lives.
Lease'T'Own® also provides dealers with higher profits than wholesale, Retail, or BHPH! Most importaltly, Lease'T'Own® provides dealers with a steady flow of monthly income!
Lease'T'Own® overcomes these issues!
For over 25 years, the Lease'T'Own® business model has been used by dealers in 49 states. (not available in WI).
Northland developed the unique Lease'T'Own® contract through extensive legal research and will stand behind the contracts if they would ever be challenged.
You own the vehicle 100%!
Your best defense against delinquent payers, repossessions, and bankruptcies.
Higher profits than wholesale, retail, and even BHPH!
"Roll" vehicles to increase your profits even more!
Pay income tax on revenue as it's earned.
Depreciation can be used to reduce taxes on your Lease'T'Own® vehicles.
Provide your customers transportation for life! Lease'T'Own® cars can only be traded back to you!