"Thats good to know! Not Bad provision either."
The automotive social network for dealers and dealership management
David's Groups
David's Discussions
Newbie needs advice
Started this discussion. Last reply by C.R INC Sep 9, 2011. 22 Replies 0 Likes
Hi, my name is David and I am new to the forum and fairly new to selling cars. I am in central Texas and my background is in auto repair, not sales. I have sucessfully repaired and flipped cars for…Continue
David's Page
Latest Activity
John Harton replied to David's discussion Subprime lenders in Texas in the group Auto Finance Companies"CPS has a first payment default provision."
Mike M replied to David's discussion Subprime lenders in Texas in the group Auto Finance Companies"What is your "BUY BACK" policy? example.... if your subprime customer does not pay his first 3 car payments.... would the dealer have to buy back that loan? I remember dealing with a company like that. Not going to say any names but…"
John Harton replied to David's discussion Subprime lenders in Texas in the group Auto Finance Companies"CPS has seven proven programs for all of your subprime needs. We allow up to $30,000 amount financed with no FICO restrictions in our upper tier and allow up to $15,000 amount financed for those with rough credit or no credit history at…"
Mike M replied to David's discussion Subprime lenders in Texas in the group Auto Finance Companies"I have worked with WESTLAKE Financial..... good company to do Subprime with!!
"
Toby Reiley replied to David's discussion Subprime lenders in Texas in the group Auto Finance Companies"www.fincomanagement.com
We provide Deep Subprime financing solutions which allow you to earn up to 90% of amt. financed over time for BHPH type financing. We pay 50% now ,plus we finance Warranty, VSI and GPS. You earn as the…"
Ben Misra (secondarypro) replied to David's discussion Subprime lenders in Texas in the group Auto Finance Companies"David,
I think the biggest problem you will have with any lender is the 5 car inventory you have on your "dirt" lot.
Most lenders would like to see some real investment in inventory.
As far as companies go. Westlake would be a good…"
Ian Anderson replied to David's discussion Subprime lenders in Texas in the group Auto Finance Companies"Hi, my name is Ian Anderson, President of Westlake Financial Serv. We offer a full spectrum of financing from prime to deep subprime as well as a profit sharing program. We have rates as low as 9.99% for customers with 580…"
Jason Vallett replied to David's discussion Subprime lenders in Texas in the group Auto Finance Companies"Centrus Auto Finance has some good programs. "
Tarry Shebesta replied to David's discussion Subprime lenders in Texas in the group Auto Finance Companies"I have attached our current rate sheet.
"
Tarry Shebesta replied to David's discussion Any using Auto Use (Preferred Funding) for financing car deals? in the group BHPH Dealer Education and Training"I know Jim Willis with Preferred Funding personally and he really does have the dealer's best interest at heart."
John Bragg replied to David's discussion Any using Auto Use (Preferred Funding) for financing car deals? in the group BHPH Dealer Education and Training"www.CREDITACCEPTANCE.COM -- publically traded company (NASDAQ:CACC). Offers flexibility of BHPH with security of 40 plus years of service to dealers nationwide.
John"
"That's great! Westlake Financial is great too, I didn't state them because they only deal with Discharges Bk's Only, No Open's. But they do market to every state except WI or MA. :)"
David replied to David's discussion Any using Auto Use (Preferred Funding) for financing car deals? in the group BHPH Dealer Education and Training"Thanks Amy,
Getting signed up with Westlake Financial. Gonna see how that goes and then may look into the others you suggested."
"David,
I have attached the links to some of the great & aggressive Sub Prime Lenders we are partnered with.
Prestige Financial: http://www.gopfs.com/
Tidewater Finance: http://www.twcs.com/
AFS Acceptance:…"
Gene Daughtry replied to David's discussion Verifying customer insurance in the group BHPH Dealer Education and Training"David,
The Insurance Company should notify you of cancellations but I am not sure if they are obligated by law to do so. We make our customers keep full coverage throughout the note. We stop worrying as much when we have made some profit on the…"
Profile Information
- Company
- Tanner Auto Sales
- Position
- Owner
- Dealership, Allied Industry or Finance Company?
- Dealership, Allied Industry, Finance Company
- If Dealership, Franchise or Independent
- Independent
- Your web site
- http://Tannerautos.com
Comment Wall
- No comments yet!
© 2013 Created by Greg Goebel.
