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April 16th-18th, 2012
Caesars Palace
Las Vegas, NV
Leedom Group 18th Annual Buy Here Pay Here National Convention
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February 13th, 2012
Atlanta, GA
Buy Here - Pay Here Sales Training Academy
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February 14th, 2012
Atlanta, GA
Buy Here - Pay Here Managers Boot Camp
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February 15th, 2012
Atlanta, GA
Buy Here - Pay Here Collections Boot Camp
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March 15th, 2012
Sarasota, FL
Buy Here - Pay Here Leasing Academy
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
Editor Blog
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Fri Sep 17th, 2010 3:02PM
Dale Pollak's Confirmation on vAuto Sale
AutoTrader.com Acquires vAuto
Top Rated Articles
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- 15 ratingsSurfing the BHPH Internet Wave
Michael Jackson - January 2011 - page 20
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- 9 ratings
BHPH: A Capital Idea
Chuck Bonanno - February 2010 - page 12
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- 9 ratings
World’s Greatest – Popcorn?
Jim Jackson - September 2010 - page 8
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- 8 ratings
The Three R’s
Chuck Bonanno - July 2010 - page 6
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- 8 ratings
GWC Warranty Offers Up ‘No Worries, Just Drive’
Industry Releases - April 2011 - Web Exclusive!
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- 8 ratings
Bonanno’s Top Ten List
Chuck Bonanno - June 2011 - page 4
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- 8 ratings
Get on the Bandwagon
Chris Leedom - August 2010 - page 4
Top Rated Author
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Chuck Bonanno
Leedom - Sarasota, FL
chuck@twentygroups.com
800.966.8733
Most Viewed Articles
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Viewed 14585 times.
Franchise and Buy Here-Pay Here: Franchise Dealers Like the Results
Peter Salinas - September 2006 - page 10
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Viewed 8150 times.
Focus On the ‘Pay Here’ of Buy Here-Pay Here
Emily Beck - September 2006 - page 40
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Viewed 8115 times.
Is Buy Here-Pay Here The Right Fit for You?
Chuck Bonanno - March 2008 - page 12
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Viewed 7623 times.
The Truth About Reposessions
Chuck Bonanno - June 2007 - page 6
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Viewed 7494 times.
Great Debate
Peter Salinas - August 2006 - page 10
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Web Exclusive Articles
A list of web only articles posted in the past year
From time to time we will post web exclusive articles on our site. These will include articles that do not appear in our printed publication or in our monthly newsletter. This gives us the opportunity to post a hot story or topic instantly, instead of waiting until the next issue. Check back here often for the latest news and trends affecting the automotive industry.
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- 1 rating
“The Next Step” for Dealerships
Edwin Donahue - Web Exclusive!
The new economic climate is driving more customers to buy here-pay here (BHPH) dealerships than ever before. Many dealerships have sought out innovative ways to gain total control of their collection and recovery processes, making GoldStar GPS their “go-to” solution.
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- 0 ratingsWhat's the Matter with Sears?
Industry Releases - Web Exclusive!
Grant Cardone takes a trip to Sears in LA and discovers what is truly ailing the retail giant. This is a must see for anyone that operates a business that deals with a public. Is this going on at your dealership?
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- 5 ratingsVacation Incentives Fires Up Lot Traffic, Delight Consumers
Peter Salinas - Web Exclusive!
As consumers, we’ve all seen the “Buy One of These and Get a Complimentary Trip, Cruise or Hotel Getaway” promotions. Usually, that’s where our interest wanes, since we typically decide that it sounds too good to be true. We wonder how can some one give away a weeklong cruise, and still hold onto the ever-important gross profit?
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- 2 ratings
Vacation Vouchers Sets Your Store Apart
Peter Salinas - Web Exclusive!
As consumers, we’ve all seen the “Buy One of These and Get a Complimentary Trip, Cruise or Hotel Getaway” promotions. Usually, that’s where our interest wanes, since we typically decide that it sounds too good to be true. We wonder how can some one give away a weeklong cruise, and still hold onto the ever-important gross profit?
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- 0 ratings
Whining is no Substitute for Working!
Dave Anderson - Web Exclusive!
Dave Anderson describes the importance of taking responsibility for your success - or the lack of it - and not getting caught up in today's pervasive blame game.
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- 2 ratings
Leedom Group Announces BHPH World Convention 2012 Dates
Industry Releases - Web Exclusive!
SARASOTA, Fla. (September 2011) — In a move designed to better serve the needs of its dealer clients and the buy here-pay here industry as a whole, Leedom Group has moved the dates of its popular BUY HERE-PAY HERE WORLD CONVENTION 2012 to April 16-18, 2012, at Caesars Palace in Las Vegas. This will be the 18th annual gathering of dealers, industry leaders and exhibitors.
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- 6 ratings
Insurance Specialties Unveils LHPH Lease Protection Plan
Mark Blanchat - Web Exclusive!
The key to success for any dealer-financed automotive contract is to keep the customer paying and satisfied with the vehicle they have financed, but dealers know that if the “vehicle doesn’t cooperate”, the customer will stop making payments.
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- 3 ratings
Banking, Note Buying Tips
Tyson Lee - Web Exclusive!
One of the most efficient ways for a buy here-pay here dealer to get working capital is to sell some of the finance contracts he or she has entered into. There are a variety of benefits to selling notes. For instance, I know a car dealer that religiously sells notes every month. One day I asked him why he sold every month. He said four words, “Time value of money." I learned that he would regain the vehicle's value over four to six months by collecting a good down payment and getting timely monthly payments. He would then sell the note and make pure profit off of the remaining balance instead of waiting 20-30 months collecting. This not only caused a snowball effect of growing a business, but produced an excellent profit.
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