Lease to personal: the New Way to achieve the Subprime Market
1, 2008 • by Andy Batchelor july
Deals, brokers, eBay, used car sales through the relative straight back of one’s great deal. Can there be a better means to get rid of your de-fleeted cars that are rental?
The “rent-to-own†concept ‘s been around for a long time, but are you aware that simply about anything—including tires, tires and also houses—can be arranged for “rent your can purchase?â€
You will want to take action with cars?
The rent-to-own product product product sales concept caters towards the subprime market, exactly the same clients in the†that is“buy-here-pay-here automobile sales market.
But, the “rent-to-own†customer completes the payment terms at twice the success rate of “buy here spend here,†claims Wayne Lewis, CEO of car By lease, a rent-to-own procedure based in Springfield, Mo. Furthermore, Lewis claims web revenue on an automobile By lease location must be 20 % after 2 yrs readiness, with really overhead that is low.
Automobile By lease has started to provide rent-to-own franchise possibilities to take advantage of this healthier profit percentage and customer segment that is growing.
Before stepping into franchise details, you will need to determine what “rent to acquire†is—and just just what it isn’t.
Defining Lease your can purchase
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