Open Letter from Leedom Convention Chairman

Hello, my name is Chuck Bonanno and I have the honor and privilege to serve as Leedom Group’s 16th Annual Buy Here-Pay Here National Convention Chairman this year. Last year, we identified the fact that we live in a new BHPH world and that the entire used car landscape had, and was continuing to change, at an incredible pace. We discussed the challenges and opportunities and helped dealers create a strategy for this new world. This year we will take this concept one step further. We will use this convention to offer you the tools to succeed in the New Buy Here-Pay Here World. As a matter of fact, we are so excited about our Buy Here-Pay Here industry, we moved the convention up by three weeks. We simply just can’t wait.

I would like to personally invite you to attend the 2010 Leedom Group 16th Annual Buy Here Pay Here National Convention, Sept. 20-22 at Caesar’s Palace in Las Vegas, Nevada. As the BHPH World has changed before our eyes, we are now more optimistic and confident than ever that the industry is, and will remain, the most-profitable and rewarding sector of the used-vehicle marketplace.

Dealers, however, need the proper tools to maximize profit opportunities and find success. We are all a year older now, and farther along this new economic path. As we have made our way, the new landscape has become more familiar and we can now see our path more clearly. Last year we identified the drivers of our business that included Capital, Customers, Competition, Cars and Compliance. This year we will provide you the tools so that you can work on each of these critical areas. When you leave this event, you will have honed your knowledge and skills with these new tools to become a master BHPH dealer.

Once again, we have expanded our Expo Hall to bring you an unprecedented number of the finest product and service vendors to the Buy Here-Pay Here industry. We have enlisted many of the nation’s top dealers, both small and large, to serve on panels to answer your specific questions. We have scheduled presentations from industry leaders who will share their thoughts on the current state of the industry and its future. We will conduct more workshops than ever before and target key areas of success such as: the future of BHPH; capital requirements; capital sources; capital strategies; inventory modeling; inventory acquisition; BHPH-specific selling systems; Internet sales; underwriting for success; collection best practices; using technology to improve efficiency; regulatory updates; and legal and audit compliance. Importantly, we will have personnel workshops to help you hire, train and retain better teams so that you maximize your potential.

Please register early as we have limited room for dealer attendees to take advantage of early registration and room discounts. We have negotiated a great rate at Caesars Palace, and it makes good business sense to secure the best rates and discounts available. Please join us this year at what will be the best Buy Here-Pay Here industry event ever. When you go back your stores, you’ll have a toolbox filled with the right tools to achieve Buy Here Pay-Here Success. Call our offices at 800.966.8733 to sign up today!

See you in Vegas!