|
|
Due to tough economic times that we are sometimes faced with the “Buy Here Pay Here” or “Tote The Note Lots” have found their niche in the current market place. When the economy seems to struggle more and more people become desperate to hold on to their biggest assets, their homes and vehicles. When people are unable to pay their vehicle notes we all know what that means; sooner or later you are going to encounter the repo man. Unfortunately, people who have had repossession in the past are more likely to have repossession in the future. A majority of “Buy Here Pay Here” or “Tote the Note Lots” do not check credit reports. Therefore, first impressions and a gentlemen’s hand shake is not always a reliable tool. The Gopher Report was created to give the dealership the upper hand in identifying those people or “Gophers” who are considered a high risk client. This is where the Gopher Report becomes a vital tool to limiting your risk to your business.