CREATING FINANCIAL FLEXIBILITY ONE DEALER AT A TIME
The LHPH Advantage
Kevin Londerholm | May 11, 2020
Making the switch from selling retail vehicles to creating an in-house leasing program is a big decision for an independent auto dealer. After careful planning with their teams and discussions with their lender, each of our LHPH dealers adjusted their business models to offer their own lease-here pay-here program. As Nick at Markosian Auto explains, the switch from selling retail to creating his own LHPH portfolio was the difference between achieving short-term profit vs. creating long-term wealth.
If you are a dealer interested in creating your own in-house used car leasing program, reach out to us ( TWatson@LHPH.com (619) 222-9990 ext. 1010 ). LHPH Capital can help offer suggestions on vendors, accounting firms, deal structure, and more!