NIADA unveils special credit card for members
Thursday, Feb. 20, 2025, 11:30 AM
BHPH Report Staff
Here’s another path for National Independent Automobile Dealers Association members to get the credit they need to run their businesses. The association said it wanted to develop an exclusive financial product to add value to our member’s business operations with ... [Read More]
BlytzPay gains new patent approval for collections platform
Thursday, Feb. 13, 2025, 12:11 PM
BHPH Report Staff
BlytzPay, a collections management platform that speeds up payments and boosts customer engagement for buy-here, pay-here dealers and finance companies, announced a new patent approval for its solution, saying this week it marks a significant milestone for the company The ... [Read More]
Initial IRS data shows positive start to tax season
Thursday, Feb. 13, 2025, 10:32 AM
BHPH Report Staff
The latest filing information from the IRS database contains less than a week’s worth of activity so far this tax season, as the federal agency began to accept returns on Jan. 27. But the year-over-year comparisons show upward movement for ... [Read More]
Dealer Profit Pros wants to help you gain industry benchmarks & more
Tuesday, Feb. 11, 2025, 12:02 PM
BHPH Report Staff
Dealer Profit Pros is looking to gain insight into several retailing metrics and is offering the possibility of dealer survey participants getting two nights at a Las Vegas resort and a round of golf. The advertising advisory firm is seeking ... [Read More]
Car-Mart points to quality assets as reason for another successful securitization
Thursday, Feb. 6, 2025, 10:42 AM
BHPH Report Staff
While the company has encountered some retail sales challenges, America’s Car-Mart found some positives to tout this week. The buy-here, pay-here dealership chain highlighted that it has completed a term securitization transaction involving the issuance of $200 million in principal ... [Read More]
COMMENTARY: The BHPH evolution & how digital transformation and market forces are reshaping an industry
Tuesday, Feb. 4, 2025, 11:37 AM
Tiger Okeley, Oak Motors
As with many aspects of American life, the buy-here, pay-here dealership model has experienced dramatic changes over the last five years. It’s almost become cliché at this point, but the COVID-19 pandemic created a clear before-and-after moment for our industry. ... [Read More]
4 ways to take advantage of February’s arrival
Thursday, Jan. 30, 2025, 11:46 AM
BHPH Report Staff
Big Time Advertising founder and CEO Terry MacCauley acknowledged the first month of 2025 is just about in the books already. Perhaps your dealership has had a great start to the year. Or maybe your operation has endured a colder ... [Read More]