CoFounder of Clutch Training Services
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- Chuck Bonanno has been a nationally recognized speaker, author, industry trainer and consultant in the Buy Here Pay Here industry for 25 years. He began his automotive career as a senior officer for a BHPH dealer in Florida that was chosen NIADA National Quality Dealer Of The Year in 1991. He was responsible for a portfolio of over $7-million. He was instrumental in securing one of the first lines-of-credit made available to BHPH dealers by FINOVA Capital Corporation in 1994. Chuck was an integral part of Suncoast Auto Brokers profitable growth from one lot in 1991 to four BHPH locations and one conventional location by the end of 1995.
- In 1996 his organization merged with three other large independent dealers to create a publicly held company known as Smart Choice Automotive Group. As Executive Vice President, Chuck was given the responsibility of managing and profitably growing the loan portfolio. 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 joined Leedom and Associates, LLC. In 2001. He was an Independent Dealer Twenty Group Executive Conference Moderator for 14 years. His twenty group members portfolios ranged from $1 to $200 million He has provided on site consultation and on site training to hundreds of BHPH dealers throughout the United States. Chuck’s industry articles have been published in the Dealer Business Journaland in the Used Car Dealeras well as in several state publications. He has served as a keynote speaker and led educational workshops at Buy Here Pay Here World conferences, NIADA and at state conventions.
- Most recently, Chuck was instrumental in the opening of a large lease-here-pay-here operation. Within seven months, sales volume placed Car Today in the top twenty car dealerships in Florida selling/leasing used cars. He now serves as National director of Twenty groups for NIADA.