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Chuck Bonanno, Executive Vice President
Chuck Bonanno is a Leedom and Associates, LLC. Independent Dealer Twenty
Group Executive Conference Moderator. He moderates groups whose members
are involved in the Buy Here-Pay Here industry. He currently moderates
eleven national groups.
Chuck began his automotive career over twenty years ago as a Senior Officer
for a BHPH dealer in St. Petersburg, Florida. In 1991, his dealership
was chosen NIADA National Quality Dealer Of The Year. Chuck was
instrumental in the profitable growth of that operation to four BHPH
locations and one conventional location by the end of 1995. He was
responsible for a portfolio of over $7-million. He was also instrumental
in securing one of the first lines-of-credit made available to BHPH dealers
by FINOVA Capital Corporation in 1994.
In 1996 his organization merged with three other large independent dealers
to create a publicly held company known as Smart Choice Automotive Group.
Chuck was given the responsibility of managing and profitably growing the
loan portfolio achieving the position of Executive Vice President. He
grew the portfolio from $15-million to over $130-million in just three
years. He was responsible for a staff of ninety people including a team
of fifty collectors. He was also responsible for a $100-million Line of
Credit and a $4-million Floor Plan. Chuck consistently exceeded industry
standards for charge off and delinquency.
Chuck is a respected educator, trainer, industry expert, author and national
speaker. Chuck’s experience and knowledge of the BHPH industry is a great
asset to Leedom and Associates, LLC. and he will share that experience and
knowledge with those interested in exploring any aspect of the used car
business.
Chuck lives in Sarasota with his wife, Chase and daughter, Chandler.
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