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Recapping credit scores & other trends in auto finance with Shams Blanc of FICO
Shams Blanc, head of auto scores at FICO, made another appearance on the Auto Remarketing Podcast to elaborate more about the fall edition of the FICO Score Credit Insights report. Along with recapping what’s going on in auto finance, Blanc ... Listen Here
SPONSORED EPISODE: Greenville Auto Auction Celebrates 16 Years—A look back and a look ahead
On this sponsored episode of the Auto Remarketing Podcast, Bill Zadeits visits with Billy Willis and Kevin Stallings of Greenville Auto Auction. The auction celebrates 16 years in early September, and the guys talk about the history of the sale, ... Listen Here
Wide-ranging car-business conversation with Lotlinx chairman and CEO Len Short
Lotlinx chairman and CEO Len Short firmly believes car dealers are the most resilient operators in any business. During this episode of the Auto Remarketing Podcast, Short explained why he is anticipating dealers showing that resilience again because it’s needed ... Listen Here

Accounting Experts Share Tax Time Strategies

tax time pic
Nick Zulovich, Editor
McGladrey tax director Scott Ruby understands many buy-here, pay-here dealerships are small family operations without a squadron of certified public accountants on staff that watches every move the IRS makes. However, Ruby suggested that BHPH operators spend a fair amount ... [Read More]

Car-Mart Continues To Finalize Major Operational Changes

car-mart pic for BHPH
Nick Zulovich, Editor
America’s Car-Mart not only shared athe financial results from the third quarter of its 2015 fiscal year, but the buy-here, pay-here dealership chain also offered an update on two significant operational changes the company is in the process of finalizing. ... [Read More]

DriveTime Uses Leasing to Boost Customer Base

drivetime pic for bhph
Nick Zulovich, Editor
DriveTime Automotive Group is looking to fill basic transportation needs while capitalizing on the rising popularity of vehicle leasing. It can be a tricky proposition since the average person with a non-prime credit score won’t typically qualify for new-vehicle lease ... [Read More]

Hudson: The Tells Of Some Gambling Dealers

gambler for bhph
Tom Hudson, Hudson Cook
Friends who play poker tell me that sometimes they find themselves up against a player who unknowingly betrays the cards he holds by some “tell” — the player’s posture, his facial expression, the way he holds his cards, or some ... [Read More]

Ask The Hall Of Famer: Tax Advice and Avoiding ‘Silly Loans’

expensive
BHPH Report Staff
Being that it’s now March, how important is it for operators to find a tax advisor they trust? Julian says … You need a long term tax strategy, and you need to understand how it’s going to work when you ... [Read More]

Daughtry: Let’s Take A Few Moments To Review

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Gene Daughtry, PLS Financial
So how was February? I hope you had a busy tax season. I have heard varying reports from around the country, ranging from it was “OK” to “we couldn’t keep up.” There are so many factors that play a role, ... [Read More]

Atcheson: Tax Season Is Over. Now What?

conference room table
Kenny Atcheson, Dealer Profit Pros
Timing is important in marketing/ advertising, and no time is bigger than tax season. Tax season is easy to predict because it is the same for everybody. To discover other timing mechanisms, read on. • After a robbery or violence ... [Read More]

5 Tips to Improve BHPH Accounting Practices

expensive
BHPH Report Staff
With now being the heart of tax season — for buy-here, pay-here dealers to move metal as well as complete business filings with the IRS — AutoStar Solutions offered five accounting practices operators should implement if they haven’t already. Senior ... [Read More]

6 New Sessions Added to Next NABD Conference

stock photo of the wynn
BHPH Report Staff
Coming off what organizers hailed as a successful best-practices event this past January in Dallas, the National Alliance of Buy-Here, Pay-Here Dealers now is gearing up for its annual signature gathering. The 17th annual BHPH Conference has new sessions and ... [Read More]

DealerSocket Acquires FEX DMS

business handshake
BHPH Report Staff
A service provider quite entrenched in the buy-here, pay-here industry has a new owner. On Thursday, DealerSocket announced the acquisition of FEX DMS, a dealer management system (DMS) for BHPH and other independent dealers. Established in 2001, FEX DMS is ... [Read More]

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