BuyHerePayHereGuy @buyherephguy
I’ve put over $50MM+ of subprime auto loans out on the streets. Talking all things buy here pay here (bhph) and used car sales. Joined November 2023-
Tweets147
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Followers1K
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Following4K
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Likes87
Started a new reinsurance company for dealers. Huge profit centers. All the other products out there really sucked. Anyone interested?
I like BHPH because I like control: what’s your reason?
Do you feel like customers hate BHPH? Is it a necessary evil?
What do you think is the worst car on the road?
How much is just right when talking about a down payment?
Tax time is the busiest time of year for BHPH dealerships. I know some stores that open up around December - stock cars to the gills. Sell out by the end of March and close again until next year. Crazy
When you hear buy here pay here, is your first impression good, bad, or just confused?
There’s so much toxic debt available to dealerships out there - really just garbage capital.
Securing financing in this business is an uphill battle. Don’t listen to the bankers, they’ve got it all wrong.
Bring on the recession – with fewer lenders in the game, I get the cream of the crop on the lot.
What is the craziest customer story you’ve got?
Despite book values taking a nosedive, the budget-friendly cars I snagged are holding steady.
How do you navigate the twists and turns, making decisions for your startup that pave the way for success?
Uncover the auto industry's best-kept secret: ACV (Actual Cost of Vehicle). Dive deep into the numbers, and let's decode how ACV transforms your car-buying experience.
Most dealerships consider themselves fortunate if they can rotate their inventory every 30-60 days. Currently, I'm achieving a turnaround in less than 14 days. What is yours?
I've witnessed numerous success stories from my humble buy here pay here dealerships – when used wisely, it truly offers a second chance to rebuild your credit.
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What’s it look like when we load a truck
Navigate the road to ownership seamlessly with our 'Buy Here Pay Here' cars in Phoenix, AZ! Discover an array of used vehicles, including luxury sedans and SUVs, at our trusted car dealership. #BuyHerePayHere #PhoenixAZ #UsedCars #SUVDeals Click here:-nofightingwithtitan.com/phoenix-buy-he…
NEW: Buy Here Pay Here Secrets Revealed • What is a Buy Here Pay Here? • Managing 40% loan default rates • Crazy customer horror stories • much more! My conversation with Tiger Oakley, President of Oak Motors:
In business over 20 years with Quality Used Cars and can service your car for: brakes, oil changes, alignments, NYS Inspections, Buy Here Pay Here Auto sales & much more. Visit them on the web at used-cars-waterloony.wixsite.com/seneca-auto-sa…
Navigate the road to convenience with Buy Here Pay Here Dealerships in Phoenix, AZ! Explore a wide range of quality used cars at our dealership. #BuyHerePayHere #PhoenixAZ #UsedCars #CarDealership #DriveWithEase Click here:-nofightingwithtitan.com/phoenix-buy-he…
Having fun with 3000 light drones after the show😅 #droneshow #dronelightshow #lumasky
@carsales_guy you’re getting marked up to eternity 😂😂😂
If the sales manager is dressed like this, you're not getting a discount.
The stuff they don’t show you in school… I spoke with a big-time "buy-here-pay-here" dealer. His business in a snapshot: 5 BHPH dealerships 3,600 units sold per year 10,000 customer accounts serviced $19K average sales price $500/month avg customer payment 19.9% avg customer…
The numbers are in. First year and we officially did $1,017,229 in revenue. Incredibly proud of the team and what they accomplished. 1M was our ambitious goal. It’s been an amazing win-win for employees and our customers as we now provide such a better drain experience The…
Christmas present delivered 🎄🎅 @ZOOMDRAIN
@buyherephguy @GuyDealership That’s true. Good idea to have gps redundancy seeing as they prob look for a gps unit if they are going to try to pull something shiesty
@GuyDealership Some of the cars they ‘sell’ probably take less than a year for the dealer to pay off. Brilliant.
Imagine owning a bank. Now imagine *40%* of your loans defaulting, yet still managing to turn a profit. That’s the “buy-here-pay-here” business in a nutshell: • Own a dealership AND a bank • Lend to car buyers with “risky” credit
I'm able to put off being manic about my balance sheet because I do these 4 things on the front. It's my SWAN (Sleep well at night) formula 1) Leverage - If I borrow money I keep the loan at 65% ltv or less. Keeps me out of trouble 2) Receivables - We are quick to shut accounts…
When you put a letter in someone's mailbox asking if you can buy their home. They say yes, you walk in the door, they have a wall full of Hess memorabilia and your game is Gas Biz. There are no coincidences
From personal experience - being anon gives you a little more confidence to be overly aggressive and controversial, which is rewarded with the audience and algo. It also builds a "mystery" of who is behind the account which again builds audience, like it or not, it's human…
Harder than ever to be an anon on here It is inherently low fidelity - it will only take longer to earn trust through the format Goes against what learned the first week of kindergarten - you to put your name on the top of your paper
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