If you are a used car dealer and considering doing your own financing, you’d better make sure you have the balls to make sure your business can be profitable. To be profitable, you can’t give your customers an inch.

This video shows an example of what can happen if you’re not willing to stick to your rules of your contract. I repossessed this vehicle today. This repossession should have happened more like 9 months ago. Don’t let your kindness and good heart get in the way of profit. Customers will walk all over you.

This particular vehicle was rented by a customer who utilized a no-credit-needed rent-to-own contract. The customer immediately became a liability and the owner of the vehicle let them slide to the point where it cost him a lot of time and money.

If you’re going to do your own vehicle financing, you must be ready and prepared to act. You can’t let these “customers” walk all over you.