Articles for Inventory - Dealer Controlled Finance

Price Inventory for Appropriate Gross Profits

Wednesday, December 07, 2011
At the conventional retail lot, everyone tries to hit a home run on every deal’s gross profit, but pricing BHPH inventory higher to gain additional gross could result in greater losses due to higher collection costs, delinquencies, repossessions and charge-offs. BHPH expert Alan Mosher discusses how to determine an inventory pricing strategy to avoid this risk, a concept he terms “hitting doubles.”

Four Sources of BHPH Inventory

Wednesday, October 19, 2011
Buy here pay here expert Alan Mosher discusses a few of the sources dealers can turn to in order to find more vehicles that fit their BHPH business model.

Finding Affordable BHPH Inventory in Today’s Tough Market

Wednesday, October 19, 2011
Buy here pay here expert Mark Dubois discusses how BHPH dealers are sourcing inventory in today’s tough used vehicle wholesale market.

Two Choices to Deal with Dramatic Increases in Wholesale Vehicle Costs

Wednesday, September 14, 2011
Alan Mosher looks at the options available for buy here pay here dealers to adjust to increased wholesale vehicle prices.

BHPH Inventory Requires More Effort Than Ever

Wednesday, August 24, 2011
Best Ride General Manager Gene Daughtry discusses the present challenges in finding and acquiring the right BHPH inventory.

Handling Repairs as a BHPH Dealer

Wednesday, July 20, 2011
There are a number of ways to handle repairs in BHPH. General Manager Gene Daughtry explains the approach taken at Best Ride.

Reconditioning Options for BHPH Dealers

Wednesday, June 22, 2011
BHPH dealers have different options when it comes to who reconditions their inventory. Mark Dubois, buy here pay here expert, explains how a BHPH dealer who’s also a new car dealer might handle it versus how a BHPH dealer without an existing service facility might handle BHPH reconditioning.

Inventory is More than Iron

Wednesday, February 23, 2011
Dealer Gene Daughtry discusses the critical role inventory plays in the success of a buy here pay here operation.

Inventory Acquisition 101

Tuesday, September 07, 2010
The hottest topic right now in the BHPH world has to be inventory. Not only where but what to buy, how to find it and how to purchase it.

Copyright 2011 Special Finanace Insider