Mike Clinton
Pollock, LA (USA)
Role(s):
Automotive Finance Specialists
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Startup
Location:
Pollock
Industry:
Automotive
Year Founded:
2004
Number Employees:
INVALID
Description:
I own a small independent car dealership. In the past year we started doing rent to own finance deals with customers. We spend about $3,500 on each car and the ROI is about $17,000 over 3 1/2 years on each vehicle. I have personally spent about $500,000 starting this business, and I feel that this is an incredible opportunity for us to expand into many markets. We are specifically geared toward customers that are credit challenged, and all cars are fitted with GPS and starter interrupt devices. We specifically deal with customers located within about a 40 mile radius of our retail location.