In this eye-opening episode, John Lewis tackles one of the most controversial practices in automotive retail: spot delivery, also known as "yo-yo financing." Whether you're a dealer trying to navigate compliance, a finance manager protecting your business, or simply curious about automotive finance practices, this episode delivers critical insights you can't afford to miss. John breaks down what spot contracts really are, why dealerships use them, the legal landscape across America, and how M...
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In this eye-opening episode, John Lewis tackles one of the most controversial practices in automotive retail: spot delivery, also known as "yo-yo financing." Whether you're a dealer trying to navigate compliance, a finance manager protecting your business, or simply curious about automotive finance practices, this episode delivers critical insights you can't afford to miss. John breaks down what spot contracts really are, why dealerships use them, the legal landscape across America, and how M...
Welcome to another episode of "Drive To Success: Mastering Auto Finance" with your host, John Lewis. In this essential episode for auto finance professionals, we dive deep into the challenging world of state-by-state repossession laws and the complex compliance maze they create for lenders operating across multiple states. John breaks down the most critical variations between states, from self-help repossession rules to breach of peace definitions, and explains why what works in one state cou...
Drive to Success: Mastering Auto Finance
In this eye-opening episode, John Lewis tackles one of the most controversial practices in automotive retail: spot delivery, also known as "yo-yo financing." Whether you're a dealer trying to navigate compliance, a finance manager protecting your business, or simply curious about automotive finance practices, this episode delivers critical insights you can't afford to miss. John breaks down what spot contracts really are, why dealerships use them, the legal landscape across America, and how M...