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Northland RTO/LTO Blog
What picture represents your ideal of a sub-prime or bruised credit customer? ALL of these people to the side could realistically be considered “sub-prime”. These people represent the estimated 70% of the public that can’t get normal financing today. They … Continue reading
We often get the question of how the Garagekeepers Policy coordinates coverage with our Lease’T'Own® Business model. There are many complexities about Garagekeepers Insurance but I want to cover the important point for you. Garagekeepers was designed for car dealerships. … Continue reading
We ran into a new type of scam today and wanted to get the word out to our dealers. A customer negotiated a low up-front cost lease. The customer met the usual application requirements – proof of employment, a utility … Continue reading
CUSTOMER’S CAN’T TRADE A REN’T'OWN OR LEASE’T'OWN VEHICLE WITH ANYONE BUT YOU! Rich or Poor-customers like to change vehicles. On a standard retail car sale or even a BHPH sale, once that customer leaves your lot, there’s no guarantee that … Continue reading
A great question came in the other day – How should I pay my sales staff when using the Ren’T'Own Business Model? As a life long salesman, my opinion might be slightly weighted so I offer this response only as … Continue reading