Dealer Business Journal Author View - Monthly Independent Auto Dealer Professional Publication

Special Events

September 20th-22nd, 2010

Caesars Palace

Las Vegas, NV

Leedom Group 16th Annual Buy Here Pay Here National Convention

Buy Here - Pay Here Events

September 15th-16th, 2010

Sarasota, FL

Buy Here - Pay Here Training School
September 20th, 2010

Las Vegas, NV

Buy Here - Pay Here Leasing Academy
October 20th, 2010

Atlanta, GA

Buy Here - Pay Here Managers Boot Camp
October 21st, 2010

Atlanta, GA

Buy Here - Pay Here Collections Boot Camp

Leedom Management Group, LLC Available Positions

Twenty Group Moderator/Consultant - Retail
Twenty Group Moderator/Consultant - Buy Here-Pay Here
Training Leader/Consultant

Complete insurance and risk management services!

Editor Blog

Tue Jun 22nd, 2010 11:21AM

Congratulations Paul Claborn

Paul Claborn, owner of Wholesalecars.com and EZ Terms Auto Sales in Albertville, Ala., has been named the 2010 NIADA Quality Dealer of the Year. Mr. Claborn has been a Leedom Twenty Group member since 2003. The entire Leedom Group team offers its most heartfelt congratulations. Well done! Look for a full article in the July issue of DBJ!

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Top Rated Author

Chuck Bonanno

Leedom and Associates, LLC - Sarasota, FL

chuck@twentygroups.com

800.966.8733
- Chuck Bonanno
- Complete Agenda for Leedom Group 16th Annual BHPH National Convention
  
  August 2010 - page 19
- Coaching: Want an All-Star Team? Be an All-Star Coach
  
  August 2010 - page 6
- The Three R’s
  
  July 2010 - page 6
- Browse more of Chuck's articles.

Most Viewed Articles

Industry Releases
Viewed 1445 times.

Open Letter to America from a Chrysler Dealer - Featured

Industry Releases - June 2009 - page 32
Viewed 1441 times.

ReMark Provides Capital to Direct and Indirect Lenders

Industry Releases - May 2007 - page 25
Viewed 998 times.

PROCON Launches The CUBE GPS Tracking Device - Featured

Industry Releases - January 2009 - Web Exclusive!
Viewed 800 times.

PROCON Inc. announces merger with DriveOK Inc. - Featured

Industry Releases - November 2008 - Web Exclusive!
Viewed 770 times.

Vehicles with Carfax Reports Sell 5-9 Days Faster - Featured

Industry Releases - June 2008 - page 30

Industry Releases

Average rating:

Article count: 77

Views per article: 426

This article could either be a press release or reprinted article from a media outlet. For more information, contact the number below and ask for Peter Salinas

Leedom and Associates, LLC - Sarasota, FL

info@twentygroups.com

800.966.8733

Carfax Database Reaches Eight Billion Records Milestone - Featured

Appeared August 2010 - Volume 7 - Issue 8 - Newsletter article!

CENTREVILLE, Va. – Carfax recently announced its online database of vehicle history information now exceeds eight billion records. More than 34,000 sources, such as state DMVs, service and repair facilities and police departments report vehicle history information that’s housed in the Carfax database. Millions of people every year rely on this valuable information to help them buy and sell used cars with more confidence.

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Unfixed Recalls for Sale; Carfax Study Shows Emerging Issue - Featured

Appeared August 2010 - Volume 7 - Issue 8 - Newsletter article!

CENTREVILLE, Va. — At least 1.4 million used cars that were recalled but not repaired were for sale in 2009, according to a new study by Carfax. Used car shoppers should exhaust all resources to identify open recalls and have them fixed by franchise dealers. Recall repairs are free.

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Leedom BHPH Convention Seeks to Help Dealers Build Success

Appeared June 2010 - Volume 7 - Issue 6 - page 19

Leedom BHPH Convention Seeks to Help Dealers Build Success

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Leedom Group 2010 Dealer Confidence Survey - Featured

Appeared June 2010 - Volume 7 - Issue 6 - Newsletter article!

We are trying to gauge the confidence dealers have in the marketplace and their business. Please click on this link to take the quick survey. All information you provide will be kept strictly confidential.

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Software Release: Nowcom Launches Web-based DMS Software - Featured

Appeared June 2010 - Volume 7 - Issue 6 - page 30

If there’s one thing that worries dealers more than anything else is what’s going on at the store when they aren’t there. Today’s technology can give dealers a window on the store so that can look up all the details of who is working and what’s happening in terms of sales, follow-up and all aspects of the operation from anywhere they have Internet connection.

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Leedom BHPH Convention Will Help Dealers Build Their Success - Featured

Appeared May 2010 - Volume 7 - Issue 5 - page 1

(SARASOTA, Fla. May 12, 2010) — Known across the U.S. for its expertise in Twenty Groups, automotive retail consulting, dealership financing, and dealer-centric tools, products and services, the Leedom Group will host its 16th Annual Buy Here-Pay Here National Convention Sept. 20-22 at Caesars Palace in Las Vegas.

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CalAmp to Introduce Its Latest Automotive Finance Payment Reminder and Asset Protection Systems at NABD Conference

Appeared May 2010 - Volume 7 - Issue 5 - Web Exclusive!

OXNARD, Calif. — CalAmp Corp., a provider of wireless products and engineering services, will exhibit the very latest in its Aercept™ line of advanced payment reminder and asset recovery systems at the National Alliance of Buy-Here-Pay-Here Dealers (NABD) conference in Las Vegas, May 10-13.

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CarHop Taps Former Sears Manager As Vice President of Operations - Featured

Appeared May 2010 - Volume 7 - Issue 5 - page 27

MINNEAPOLIS, Minn. – CarHop recently announced that Steve Titus, formerly a senior manager with Sears Holding Corp, has joined the company as the vice president of operations.

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Westlake Expands Partnership With National Creditors Connection

Appeared May 2010 - Volume 7 - Issue 5 - page 29

LOS ANGELES — Westlake Financial Services announces an expanded partnership with National Creditors Connection Inc. (NCCI), a field contact service provider, after a successful three-month test program showed a 10 to 15 percnet improvement in contact and payment rates of delinquent accounts.

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Advice on Securing Capital from CAR Financial

Appeared April 2010 - Volume 7 - Issue 4 - page 34

Buy here-pay here financing is perceived as one of the most risky investments by major banks and rediscount lending institutions. There is a perception in the marketplace that by avoiding the direct-dealer component of this industry, that a lender is somehow insulated from the reputation risk that is commonly associated with the used car sales process. Combine this with the recent turmoil in the capital lending markets, and it is no surprise that dealers and smaller finance companies alike are having issues with finding capital to manage their operations and support growth. Dealers who are fortunate enough to find capital are seeing lower advance rates, higher audit fees, custodian requirements, etc.

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AutoTec Launches anti-Curbstoning Initiative

Appeared April 2010 - Volume 7 - Issue 4 - page 25

BIRMINGHAM, Ala. – AutoTec, the company behind

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CalAmp Systems Improve Profits, Reduce Risks

Appeared April 2010 - Volume 7 - Issue 4 - page 36

With today’s economy stretching consumers to the default point, BHPH dealers and auto finance companies need better ways to protect their investments. One method that has proven effective in reducing delinquencies and the costs for loan collection and asset recovery combines automated payment reminders, around-the-clock GPS satellite tracking, starter-disable, and Internet monitoring/control of assets.

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Dealers Struggle to Locate Capital, Inventory

Appeared April 2010 - Volume 7 - Issue 4 - page 30

All indications are that 2010 should be a solid year for those in the BHPH industry. That does not mean there won’t be challenges ahead for those dealers. The main challenges dealers need to overcome are maintaining adequate inventory and a solid source of capital.

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Passtime Offers Security Protection Advice

Appeared April 2010 - Volume 7 - Issue 4 - page 30

PassTime believes ONE of the most important things we do is protect our customer’s data.

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Security Auto Loans: Subprime Lending and Much More

Appeared April 2010 - Volume 7 - Issue 4 - page 32

Everyday customers walk out of auto dealerships without purchasing a vehicle. Why? Because most dealerships lack the ability to help customers who have seriously negative credit.

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Westlake Unveils Automotive Portfolio Purchasing Services

Appeared April 2010 - Volume 7 - Issue 4 - page 23

LOS ANGELES — Westlake Financial Services, the national indirect auto finance company, has announced the formation of a new division which will specialize in portfolio acquisition services.

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AutoZoom Upgrades Predictive Underwriting System for BHPH Dealers - Featured

Appeared March 2010 - Volume 7 - Issue 3 - Web Exclusive!

(NORTH RICHLAND HILLS, Texas–March 17, 2010) —There’s an old adage in the buy here-pay here business: “I’m going to have to repossess 20-60% of the vehicles I sell; I just don’t know which ones or the timing of all those repossessions.”

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Special Events

Caesars Palace

Las Vegas, NV

Buy Here - Pay Here Events

Sarasota, FL

Las Vegas, NV

Atlanta, GA

Atlanta, GA

Leedom Management Group, LLC Available Positions

Editor Blog

Top Rated Articles

Industry Releases

Open Letter to America from a Chrysler Dealer - Featured

Industry Releases - June 2009 - page 32

Tax Refunds Make Nice Downpayments, but Beware! - Featured

Industry Releases - January 2009 - page 15

PROCON Launches The CUBE GPS Tracking Device - Featured

Industry Releases - January 2009 - Web Exclusive!

Vehicles with Carfax Reports Sell 5-9 Days Faster - Featured

Industry Releases - June 2008 - page 30

Industry Releases - March 2010 - page 9

Industry Releases - May 2007 - page 25

Hyperdrive Secures Rights to Text Message Short Code 'Credit' - Featured

Industry Releases - February 2008 - page 6

Top Rated Author

Chuck Bonanno

Leedom and Associates, LLC - Sarasota, FL

800.966.8733

Chuck Bonanno

August 2010 - page 19

August 2010 - page 6

July 2010 - page 6

Most Viewed Articles

Industry Releases

Viewed 1445 times.

Open Letter to America from a Chrysler Dealer - Featured

Industry Releases - June 2009 - page 32

Viewed 1441 times.

Industry Releases - May 2007 - page 25

Viewed 998 times.

PROCON Launches The CUBE GPS Tracking Device - Featured

Industry Releases - January 2009 - Web Exclusive!

Viewed 800 times.

PROCON Inc. announces merger with DriveOK Inc. - Featured

Industry Releases - November 2008 - Web Exclusive!

Viewed 770 times.

Vehicles with Carfax Reports Sell 5-9 Days Faster - Featured

Industry Releases - June 2008 - page 30

Industry Releases

Average rating:

Article count: 77

Views per article: 426

Leedom and Associates, LLC - Sarasota, FL

800.966.8733

Carfax Database Reaches Eight Billion Records Milestone - Featured

Appeared August 2010 - Volume 7 - Issue 8 - Newsletter article!

Unfixed Recalls for Sale; Carfax Study Shows Emerging Issue - Featured

Appeared August 2010 - Volume 7 - Issue 8 - Newsletter article!

Appeared June 2010 - Volume 7 - Issue 6 - page 19

Leedom Group 2010 Dealer Confidence Survey - Featured

Appeared June 2010 - Volume 7 - Issue 6 - Newsletter article!

Software Release: Nowcom Launches Web-based DMS Software - Featured

Appeared June 2010 - Volume 7 - Issue 6 - page 30

Leedom BHPH Convention Will Help Dealers Build Their Success - Featured

Appeared May 2010 - Volume 7 - Issue 5 - page 1

Appeared May 2010 - Volume 7 - Issue 5 - Web Exclusive!

CarHop Taps Former Sears Manager As Vice President of Operations - Featured

Appeared May 2010 - Volume 7 - Issue 5 - page 27

Appeared May 2010 - Volume 7 - Issue 5 - page 29

Appeared April 2010 - Volume 7 - Issue 4 - page 34

Appeared April 2010 - Volume 7 - Issue 4 - page 25

Appeared April 2010 - Volume 7 - Issue 4 - page 36

Appeared April 2010 - Volume 7 - Issue 4 - page 30

Appeared April 2010 - Volume 7 - Issue 4 - page 30

Appeared April 2010 - Volume 7 - Issue 4 - page 32

Appeared April 2010 - Volume 7 - Issue 4 - page 23

AutoZoom Upgrades Predictive Underwriting System for BHPH Dealers - Featured

Appeared March 2010 - Volume 7 - Issue 3 - Web Exclusive!