Ren’T’Own® Lease’T’Own®


Ren’T’Own®          Lease’T’Own®

Learn about Ren’T’Own®/Lease’T’Own™ and how it can compliment your current BHPH business model.

Members: 157
Latest Activity: Jul 24, 2014


Be sure to click the "VIEW ALL" link in the lower right hand area below the last Discussion Topic. Only a small number of the total discussion topics may be visible when you land on this page, so you must use the link to see all the topics of interest.

Discussion Forum

Corporate structure for LHPH?

Started by MICHAEL SOLOMON Oct 18, 2012. 0 Replies


Started by Gayle P.. Last reply by Thomas LaBate Nov 26, 2009. 4 Replies

Northland RTO/LTO Blog

Excluded Drivers

The “Excluded Driver” problem has always been around.  In fact, it’s often promoted by the insurance agents as a way to combat high premiums.  The theory is good as long as the customer owns the car.  An excluded driver on … Continue reading

A Great Question!

A great question came in from one of our dealers today. Here’s the scenario: The Lessee’s insurance policy cancelled on 6-24-2015.  The car was disabled on 7-6-2015.  The Lessee has been sick and in/out of the hospital. Here’s the question: … Continue reading

Money is Money – Right?

Money is Money.  Maybe the payment comes in from your customer’s mom, maybe from their girlfriend or boyfriend.  You don’t really care – the bottom line is you want the payment. We urge you to be careful with this thinking! … Continue reading

Top 10 Vehicles

We are often asked what kind of cars dealers use for their Ren’T'Own®  and Lease’T’Own® inventory.  We’ve always answered that question with a monetary answer – vehicles between $3,000 – $7,000 wholesale.  Today let’s look at the post popular Make/Models. … Continue reading

How it Started….and the Bonus!

For some years I had been looking at the BHPH industry and the credit challenged consumer which it serves.   Even back in 1990 we could see the huge numbers of credit challenged consumers climbing.  Taking into consideration the number of … Continue reading

Comment Wall


You need to be a member of Ren’T’Own® Lease’T’Own® to add comments!

Comment by David Ruggles on February 18, 2009 at 12:04pm
I hope more pragmatic minds take over. Lenders should be free to "price for risk." It seems obvious that the price charged for increased risk in certain mortgages wasn't adequate, as it was assumed housing would continue to escalate or hold steady in value.
Comment by Jack Stanton on February 18, 2009 at 11:52am
I would agree, but our state government is trying to reign in our profit margins. The socialists are taking over and want more control over the auto industry.
Comment by David Ruggles on February 18, 2009 at 11:46am
It seems the laws regulating LHPH, instead of LTO or RTO are federal and don't fall under state guidelines. LHPH falls under the auspices of Reg M.
Comment by Jack Stanton on February 18, 2009 at 11:30am
CIADA here in NC has advised us to stay out of RTO & LTO until the legislature has amended the laws.
Comment by Jack Stanton on February 16, 2009 at 7:55pm
The legality of RTO is still in question for the state of NC.
Comment by David Ruggles on February 11, 2009 at 7:03pm
Randall McCathren has had a complete "Lease Here Pay Here" program for a few years... I don't know what similarities might exist. Sounds like the underlying advantages should be the same. I cannot understand why anyone would do BHPH when they could do the Rent or Lease, especially in states where the sales tax is on the payment of a rental or lease, rather than the full amount! Of course, there are many more advantages!
Comment by David Ruggles on February 11, 2009 at 6:00pm
I'll give him an invite!
Comment by Harlene Doane on February 11, 2009 at 5:54pm
David, Randall can't get here if he doesn't know about the site. The site just launched on Monday. Just wait til word gets out. :-)
Comment by David Ruggles on February 11, 2009 at 5:33pm
How is it that Randall McCathren isn't involved in this group? I thought he was the "father" of Lease Here, Pay Here. I entire concept is a complete "no brainer!"

Members (156)


© 2015   Created by Greg Goebel.

Badges  |  Report an Issue  |  Terms of Service