Ashley D Herndon's Page

Latest Activity

Ashley D Herndon replied to James Dalrymple's discussion Demand Letter for deficiency owed
"I am not in the legal business, but suggest the GIADA, they have the info you need.  In the interim, let's talk about how to increae collections and frequency. Ashley Herndon aherndon@crossbowgroupinc.com"
Feb 7
Ashley D Herndon replied to Drew Myhree's discussion BHPH Warranties?
"warranties cannot be sold.  call Larry Roseberry 402-687-6865, he has a strong program for waranties convertable to service contracts."
May 24, 2012
Ashley D Herndon replied to KEVIN CUNNINGHAM's discussion GPS vs NOTHING for BHPH
"Wish you could have been with us at the BHPH Collections Conference the past few days in Houston. Ken Shilson advised me I could quote this: "The future of the BHPH BZ lies with the use of Payment Assurance Devices". I of course agree. I…"
Nov 11, 2009
Ashley D Herndon added a discussion to the group Ren’T’Own® Lease’T’Own™
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Difference between starter interrupt, gps and more complete systems.

As they say, "Yes Virginia there is a difference". Gayle to answer your inquiry, the simple starter interrupt was designed to give post due date reminder/s and the consequence of not paying of having the starter interrupted. They worked well for a logn time, and still do that function admirably. GPS is as we all know is designed as a 'location tool' and it does that admirably, however, the simple location system has not proven to have a positive effect on payment compliance or account…See More
Mar 30, 2009
Ashley D Herndon replied to Kevin Day's discussion F&I tough right now? in the group F&I Processes & Products
"Russ, is this a profit center to the dealer or information to the consumer?"
Mar 5, 2009
Ashley D Herndon replied to Kevin Day's discussion F&I tough right now? in the group F&I Processes & Products
"Have they been living off of reserve? Back to the old adage, no more than 30% of Income from finance, recommended less than 25%. I just left a group of agents whose dealers are doing 1000 up to 1500 per car. Is that low today?"
Mar 5, 2009
Ashley D Herndon replied to Gene Daughtry's discussion How are Collections? in the group BHPH Solutions
"Hey, Gene, hope all is well. Is the 84.5% better or sorse thatn previously. i am getting dealers around the country telling me they have been bearing down a bit more and collections are up except for some increase in BK."
Mar 3, 2009
Ashley D Herndon joined Greg Goebel's group
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Independent Dealers

This group is set up to focus on issues involving the independent (no factory franchises) dealer - whether they be sales, financing, floor planning or legislation.
Mar 2, 2009
Ashley D Herndon joined Tom Herald's group
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Automotive Special Finance Association

The ASFA is a group of automobile dealers, lenders, industry vendors and other proessionals who are dedicated to improving sales operations through networking and sharing ideas, best practices and lessons learned.
Mar 2, 2009
Ashley D Herndon joined Gene Daughtry's group
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BHPH Solutions

DIscuss solutions for dealers getting into BHPH or thinking about it.
Mar 2, 2009
Ashley D Herndon joined Kevin Day's group
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F&I Processes & Products

This group is to exchange ideas on best practices in the finance office. What products are selling the best. Which service contract companies are hot, and which are not. Share menu training ideas, processes, lenders, and much more!See More
Mar 2, 2009
Ashley D Herndon joined Greg Goebel's group
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Used Vehicle Group

Used cars, used trucks, certified pre-owned, cream puffs, you name we can talk about it here. A group to help dealers focus on one of the most important profit centers of a dealership.See More
Mar 2, 2009
Ashley D Herndon joined Greg Goebel's group
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Auto Finance Companies

Use this forum to ask questions or share information about auto finance and leasing companies. One suggestion - rather than writing on the "wall", keep the discussions organized by adding to an open topic or by starting another discussion.
Mar 2, 2009
Ashley D Herndon joined Mitch Berndt's group
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Ren’T’Own® Lease’T’Own™

Learn about Ren’T’Own®/Lease’T’Own™ and how it can compliment your current BHPH business model.
Mar 2, 2009
Ashley D Herndon updated their profile
Feb 26, 2009
Ashley D Herndon joined Tom Herald's group
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National BHPH Dealer Association

This association will offer discussons, training, networking opportunities, and industry news for all members.
Feb 26, 2009

Profile Information

Company
Crossbow Group, Inc
Position
Director
Dealership, Allied Industry or Finance Company?
Allied Industry
If Dealership, Franchise or Independent
Not Applicable
Your web site
http://www.crossbowgroupinc.com
Biography/Work Summary
Wonderful and enjoyable career which evolved from field collections to both direct and indirect lending...forward into the Retail Automobile business where I filled every front end position in a franchised operation.

Evolution took me to the Sales Training business and helping build what became the largest independent ESC Co in the U.S.A. and doing F&I as well as Management Training in all of North America for Chrysler, Nissan, AMC,Mazda, and Isuzu. We become originators of the starter interrupt business in 1994 where the market led us to form The Crossobw Group, Inc.

Crossbow is the innovator of the most Advanced Collections Technologies for the Challenged Credit and BHPH markets.

Our ReCaP system automates the heavy lifting in the early collections process and ensures prompt payment using the most advanced enterprise based features and benefits...Automatically and Passively. We also provide assistance and consulting to those interested in starting their own dealer Controlled Finance operation.

I enjoy membership in and am on the board of both NAF and PATA, and am a member of AFSA.
Favorite Quote
"Eschew Obfuscation"
Activities Away From Work
Wife, Children, and Grandchildren.
Birthday
September 16

Comment Wall (2 comments)

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At 2:20pm on February 26, 2009, Shannon Green said…
Welcome Ashley, I met you years ago at the Independent Dealers convention.
I look forward to you comments within our group.
Shannon Green
At 4:32pm on February 25, 2009, Greg Goebel said…
Hi Ashley! Nice to have you on the site. I figure there is all sorts of things for you to comment on here!
 
 
 

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