2005 Profile of Typical Buy Here-Pay
Here Dealer
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Average
s
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Monthly
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Annual
ly
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Retail
Units Sold
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64 |
768 |
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Total
Sales
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$551,908 |
$6,622,896 |
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Total
Operating Gross
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$277,112 |
$3,325,344 |
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Total
Expense
(including Charge-offs)
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$176,009 |
$2,112,108 |
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Total
Net Profit (pre-tax)
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$101,103 |
$1,213,236 |
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Net
Profit as % of Gross
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36.5%
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36.5%
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Net
Profit as % of Sales
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18.3%
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18.3%
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©2005
Leedom and Associates, LLC, First Reprint rights only
to IndependentDealer.com
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