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September 20th-22nd, 2010
Caesars Palace
Las Vegas, NV
Leedom Group 16th Annual Buy Here Pay Here National Convention
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September 15th-16th, 2010
Sarasota, FL
Buy Here - Pay Here Training School
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September 20th, 2010
Las Vegas, NV
Buy Here - Pay Here Leasing Academy
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October 20th, 2010
Atlanta, GA
Buy Here - Pay Here Managers Boot Camp
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October 21st, 2010
Atlanta, GA
Buy Here - Pay Here Collections Boot Camp
Special Events
Buy Here - Pay Here Events
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Twenty Group Moderator/Consultant - Retail
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Twenty Group Moderator/Consultant - Buy Here-Pay Here
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Training Leader/Consultant
Leedom Management Group, LLC Available Positions
Issue History
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July 2010
Leedom Convention
Make Plans to Attend the Most Important BHPH Convention in the Industry.
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June 2010
Technology
How has it made your life easier?
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May 2010
Collections-Avoiding the Hook
Top Collectors Share their Insights!
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April 2010
2010 Leedom Market Report
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March 2010
All Things BHPH
Editor Blog
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Tue Jun 22nd, 2010 11:21AM
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!
Top Rated Articles
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The Truth About Reposessions
Chuck Bonanno - June 2007 - page 6
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The Special Finance Marketplace Is Changing Before Our Eyes
Butch Moore - March 2008 - page 36
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Open Letter to America from a Chrysler Dealer - Featured
Industry Releases - June 2009 - page 32
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The Secret to Buy Here-Pay Here Success!
Chuck Bonanno - September 2007 - page 12
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A Wake-Up Call to Whiners!! - Featured
Dave Anderson - March 2009 - page 14
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Franchise and Buy Here-Pay Here: Franchise Dealers Like the Results - Featured
Peter Salinas - September 2006 - page 10
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Is Buy Here-Pay Here The Right Fit for You? - Featured
Chuck Bonanno - March 2008 - page 12
Top Rated Author
Most Viewed Articles
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Viewed 9771 times.
Franchise and Buy Here-Pay Here: Franchise Dealers Like the Results - Featured
Peter Salinas - September 2006 - page 10
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Viewed 4926 times.
Focus On the ‘Pay Here’ of Buy Here-Pay Here - Featured
Emily Beck - September 2006 - page 40
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Viewed 4860 times.
Great Debate - Featured
Peter Salinas - August 2006 - page 10
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Viewed 4751 times.
The Truth About Reposessions
Chuck Bonanno - June 2007 - page 6
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Viewed 4267 times.
Subprime Marketplace Growth Continues: Are You Ready? - Featured
Peter Salinas - July 2006 - page 10
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Predictions for 2007: A BHPH Feeding Frenzy
Emily Beck - January 2007 - page 33
Do you remember those old Jaws movies? They always start with a bunch of clumsy tourists splashing along the shoreline and catching the attention of a hungry, man-eating shark. Once Jaws spies all the commotion, all it takes is a little misstep by an unsuspecting swimmer — a quick skinny-dip, maybe — and before you knew it, Jaws turns the bikini-boasting bombshell into tanning oil tartar.
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Subprime and Buy Here-Pay Here
Peter Salinas - March 2008 - page 10
Captial markets are tighter than than they have been in many years. Finance companies have suffered record losses and have tightened their programs. Let’s look at this quickly changing landscape of automotive finance from the perspective of two top retailers, a special finance expert and three of the companies out there trying to help retailers with access to technology, finance company partners and a variety of other services.
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Get Noticed! Drive Traffic! Be Memorable!
Nick Ferri - July 2008 - page 44
If you look in today’s newspapers or turn on the radio or TV, most of the advertising in the automotive market looks the same. Most of the ads scream at you to “Buy Now!” with some kind of Clearance, Liquidation, Midnight Madness Sale, Inventory Blowout, Super Sale, or some other type of high-pressure, fast-talking, blow-out-your-eardrums Mega Sale.
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New Florida Law May Have Implications For Franchisees Across the Country - Featured
Peter Salinas - June 2008 - page 28
Florida legislation signed into law last month may have far-reaching implications for franchise dealers across the country, and possibly independent dealers, according to Alex Kurkin, a Florida lawyer who helped the Florida Auto Dealers Association get the new law passed.
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Best Practices, Adherence to Processes Will See You Through the Volatility
Ira Silver - November 2008 - page 26
This year will be remembered as a volatile period for the automotive industry. Already experiencing a loss of approximately 300 franchise dealerships nationwide, the industry is expecting an additional 700 franchise stores to go out of business. Some 1,000 independent dealers went out of business in September. What can be done to save yours?
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Team Chacon Celebrates 50th Anniversary - Featured
Peter Salinas - September 2008 - page 36
F ifty years ago three partners joined forces and opened a tiny buy here-pay here store in Dallas, Texas, and found that for almost 30 years their Ross Avenue, Chacon Autos store served the needs of the community and provided a good living for three families.
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BHPH: A Capital Idea - Featured
Chuck Bonanno - February 2010 - page 12
I conduct classes to educate prospective entrants into the buy here-pay here market segment every month. The vast majority of these prospects are retail new and used car dealers. It seems to be a natural extension of the retail business and an additional profit center. Or is it?
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Set Your Goals, then Do What You Must to Achieve Them - Featured
Chuck Bonanno - December 2008 - page 12
First off, I’d like to wish you and your family and your team, the happiest of holiday seasons. I appreciate your interest in these columns and this magazine and the kind words I hear from you throughout the year. If you’ve heard what’s been said in my column you should be well on your way to establishing your goals and business plan for 2009, but here’s some thoughts you should keep in mind.
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Ahhh! Remember Retail Sales? - Featured
Chris Gerbasi - March 2009 - page 30
A cash customer doesn’t walk into a car dealership every day of the week.
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Dealers Gather in Las Vegas To Understand the New World - Featured
Peter Salinas - November 2009 - page 33
LAS VEGAS — The mood of both dealers and vendors was upbeat during the 15th Annual Leedom Group Buy Here-Pay Here National Convention, a mood not lost on the nation’s top Twenty Group moderators who offered dealers a guide to the New Automotive World.
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Tax Refunds Make Nice Downpayments, but Beware! - Featured
Industry Releases - January 2009 - page 15
By Mike Kolar, CEO
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BHPH: Slow and Steady for 50 Years
Dr James Garvin - March 2009 - page 6
Okay, okay, okay, it’s not okay, it is just what it is, a mess created by the same people who brought you your Social Security benefits; my own personal favorite, the Internal Revenue Service; the Government Accounting Office; and, by those who have been elected to the House and Senate ad nausea.
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Want a Great 2010? Start in 2009! - Featured
A.J. Ager - November 2009 - page 20
You want a great 2010? Start with 2009!
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Dealers Should Act Now to Take Full Advantage of Cars.com Marketing Push - Featured
Peter Salinas - November 2007 -
Cars.com, an online new and used automotive classified service, will invest $200 million in marketing its Web site in 2008 beginning with a partnership with Yahoo!Autos in December and a huge splash during Super Bowl XLII.
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The Engine Starts Humming as Ertle Brothers Secures Relationships
Peter Salinas - March 2007 - page 20
Ertle Brothers Discount Auto, the Dealer Business Journal $100,000 Challenge dealership, has taken advice it’s gathered from a variety of sources in the past month and has run with it, meeting the expectations of both the consultants they are working with and from the team itself.
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Tax Season: Time to Rock - Featured
Peter Salinas - November 2006 - page 10
You’ve already noticed the hit. Used-vehicle inventory prices started to escalate in early October. For several years now as the prevalence of electronic income tax filing and tax refund anticipation loans has increased, tax season for used-car dealers has not only come earlier, it’s been compressed into a shorter time frame.
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Standing Eight Count
Alex Kurkin - November 2008 - page 16
Your legs are wobbling. Sweat and blood drip from your face. Four more rounds to go in this prizefight and still you cannot identify your opposition. You know your opposition is not the dealer across the street, nor the dealer across town. Is it the factories? Is it consumer confidence? Is it product quality? Is it the lenders that just don’t want to lend?
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