SARASOTA, FL - (July 10, 2009) - Auto Dealer Monthly is pleased to announce Mark Dubois, who heads dealer education at CarBiz USA, Inc. and is a moderator for CarBiz Performance Groups, will be speaking during the Dealer Controlled Finance education track at the 2009 Special Finance Convention in Dallas, Texas. The Dealer Controlled Finance track will include education on buy here pay here (BHPH), lease here pay here (LHPH) and rent-to-own (RTO).
Dubois's session, which focuses on BHPH, will feature:
* The four pillars of BHPH
* Best practices
* Industry benchmarks
* Cash flow
* Deal structure
* Underwriting and collections
For dealers looking to improve their BHPH or other Dealer Controlled Finance operations, attending this session will provide a measuring stick for comparison and ideas for improving your business. For dealers looking to move into dealer controlled financing, Dubois has first hand experience in building BHPH operations from the ground-up.
A 30-year veteran if the automotive industry, he joined CarBiz in 2004 as regional manager for the Florida Auto Credit division. In addition to overseeing the day-to-day operations of the business, he opened and managed three BHPH car lots, which included hiring staff, buying inventory, reconditioning, advertising and promotion, deal structure, underwriting and collections, managing delinquency and charge offs, and building the customer account base. Presently, there are 25 CarBiz Auto Credit stores in nine states selling 400 to 500 cars each month.
Dubois will also be featured on an expert panel on Day One of the convention, along with Emily Beck, industry attorney and partner in the Maryland office of Hudson Cook, LLP, and Dave Keller, noted CPA, CFE and principal of LarsonAllen LLC. The panelists will discuss the differences between BHPH, LHPH and RTO to help dealers determine the strengths of each and which is most appropriate for them.
About the 2009 Special Finance Convention
The 2009 SF Convention is an exclusive two-and-a-half day event for dealers and dealership management that will cover the gamut of subprime - from near-prime to dealer controlled finance - and is the event to attend for an unrivaled education in subprime financing. It will be held at the Fairmont in Dallas, Texas, on August 9th through August 11th. For more information, call 888.490.0303 or visit www.2009SFConvention.com.
About Auto Dealer Monthly
Auto Dealer Monthly is the parent company and publisher of Auto Dealer Monthly and Special Finance Insider and the host of the 2009 Special Finance Convention. Both publications provide timely features that matter to today's automotive executives, along with a wide variety of expert viewpoints and dealer success stories. For more information, visit www.AutoDealerMonthly.com.