one-day online workshop<\/a> March 9. The class will run from 10 a.m. to 4:30 p.m. (EST).<\/p>\n\n\n\n\u201cWe\u2019re going to be talking about everything for anyone that\u2019s ever thought about getting into lease here pay here, or been in the business for a short or long period of time,\u201d Elizondo said. \u201cWe\u2019re going to be talking about all the aspects and benefits for doing this type of business.<\/p>\n\n\n\n
\u201cIf you\u2019ve been in one of the virtual classes I\u2019ve done for lease here pay here, you\u2019ll know my passion for this business. I will give you opportunities to understand a lot about this business itself.\u201d<\/p>\n\n\n\n
Elizondo, NIADA Senior 20 Group Moderator, trainer and consultant, has spent nearly 30 years training and leading high-achieving sales teams in the subprime and BHPH markets, including highly successful tenures with America\u2019s Car-Mart and Superior Auto.<\/p>\n\n\n\n
Elizondo points out LHPH is a great opportunity for a lot of different operators. As opposed to traditional BHPH, the dealer is still the owner of the vehicle and controls the title.<\/p>\n\n\n\n
\u201cYou have a lot more capabilities,\u201d Elizondo said.<\/p>\n\n\n\n
There is a chance to offer lower payments to customers due to the residual value of the vehicle at the end of the lease. Elizondo points out the industry standard is 20 percent. As an example a $10,000 car may be leased at $8,000, providing a lower payment for the consumer.<\/p>\n\n\n\n
\u201cIt\u2019s a gamechanger and is available in a lot of areas,\u201d Elizondo said.<\/p>\n\n\n\n
There are several regulations and rules dealers must comply with. Elizondo said they will be covered in the workshop.<\/p>\n\n\n\n
\u201cThere\u2019s some positives and some negatives,\u201d he said. \u201cWe\u2019re going to talk all about that. We\u2019re going cover the accounting, the best practices and at the end of the day, you\u2019re going to have some great insight and information.<\/p>\n\n\n\n
\u201cThe participation workbook that you\u2019re going to be able to take with you and use at some point will have a lot of great information.\u201d<\/p>\n\n\n\n
For information on this class and others visit, visit the NIADA education page<\/a>. <\/p>\n","protected":false},"excerpt":{"rendered":"With monthly car payments on new vehicles now topping $700 and used car payments around $570, affordability is…\n","protected":false},"author":1,"featured_media":3458,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"csco_singular_sidebar":"","csco_page_header_type":"","csco_appearance_grid":"","csco_page_load_nextpost":"","csco_post_video_location":[],"csco_post_video_location_hash":"","csco_post_video_url":"","csco_post_video_bg_start_time":0,"csco_post_video_bg_end_time":0,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[28,44,5,41,43,50],"tags":[],"class_list":{"0":"post-3461","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-independent","8":"category-best-practices","9":"category-bhph","10":"category-subprime","11":"category-training","12":"category-webinars","13":"cs-entry","14":"cs-video-wrap"},"_links":{"self":[{"href":"https:\/\/niada.com\/dashboard\/wp-json\/wp\/v2\/posts\/3461","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/niada.com\/dashboard\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/niada.com\/dashboard\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/niada.com\/dashboard\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/niada.com\/dashboard\/wp-json\/wp\/v2\/comments?post=3461"}],"version-history":[{"count":0,"href":"https:\/\/niada.com\/dashboard\/wp-json\/wp\/v2\/posts\/3461\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/niada.com\/dashboard\/wp-json\/wp\/v2\/media\/3458"}],"wp:attachment":[{"href":"https:\/\/niada.com\/dashboard\/wp-json\/wp\/v2\/media?parent=3461"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/niada.com\/dashboard\/wp-json\/wp\/v2\/categories?post=3461"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/niada.com\/dashboard\/wp-json\/wp\/v2\/tags?post=3461"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}