Duane Herlein
Grand Rapids, MI (USA)
Role(s):
Founder/Owner/Principal
Premier Automotive Sales LLC
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Startup
Location:
Grand Rapids
Industry:
Transportation
Year Founded:
2010
Number Employees:
1-10 people
Business Stage:
Creation/Idea
Entity Type:
Limited Liability Company
Description:
Automotive sales company. I sell and lease vehicles. New and used cars, trucks, and HD trucks. I have been a dealer before and had a couple of profitable dealerships/leasing companies. I have been in the industry for over 25 years. I am looking for capital to purchase inventory that we can sell on a "Buy-Here-Pay-Here" basis to people who are credit challenged. We will charge between 16-21% interest on the loans with a good down payment at delevery. The vehicles will have GPS/controls to shut down starting at next time they start vehicle if they are late with a payment. This would allow us to know where they are at all times and limit the clients driving until they pay us. I have done this before and I also accept payments weekly or every other week depending on how they get paid. There is less chance the will get to far behind this way. Call Duane (Phone # removed)