The News Media of the Pre-Owned Industry

Auto Remarketing AR Canada Subprime News BHPH Report Auto Fin Journal
EMAIL SIGNUP CMG PREMIUM LOGIN
X
This Month's Focus

Turbocharged Finance
Presented by
Arvest Bank sees early successes with FICO Auto Score 10
Arvest Bank — a regional, full-service lender with more than 200 locations throughout Arkansas, Oklahoma, Kansas and Missouri — recently upgraded to FICO Auto Score 10 in a move to give the institution a more precise view of borrower risk ... Read More
dealership employee COMMENTARY: The secret to accelerating funding in indirect auto lending
In the early 2000s, I sat at a dealership finance desk with a calculator, a stack of pay stubs, and a phone that wouldn’t stop ringing. I gathered stips by hand, calculated income line by line, and verified insurance, hoping ... Read More
Mercedes-Benz USA approves NETSOL as a digital retail provider for its dealerships
NETSOL Technologies recently highlighted Mercedes-Benz USA has approved NETSOL as a digital retail provider for Mercedes-Benz dealerships. This move opens the brand’s dealer network to Transcend Retail, NETSOL’s digital retail platform. The platform gives buyers a single, continuous purchase experience, ... Read More
SPONSORED EPISODE: Prospects for more auto refinancing with Gravity Lending
In this special sponsored episode of the Auto Remarketing Podcast brought to you by Allied Solutions, we turn our attention to auto refinancing. Brad Paxman oversees 90 lender relationships for Gravity Lending, which is an auto refinance and fintech company ... Listen Here
Used Car Week Hall of Fame: Bob McConkey of McConkey Auction Group
Next up on our series featuring the 2026 Used Car Week Hall of Fame honorees is a conversation with Bob McConkey, president and CEO of the McConkey Auction Group. McConkey, along with MAG chief operating officer David Pendergraft and DAA ... Listen Here
SPONSORED EPISODE: What independent dealers need to be successful with Chris Vangellow of Frazer
In this special sponsored episode of the Auto Remarketing Podcast, Chris Vangellow, who is the Director of Product Management at Frazer, described what’s changed most about running an independent dealership over the past few years, especially from a technology perspective. ... Listen Here

70% of Autotrader BHPH Shoppers Use Mobile

mobile phone and gears 1
Nick Zulovich, Editor
Autotrader discovered 70 percent of the consumer traffic arriving at its Buy-Here, Pay-Here Center came through mobile devices. That figure, along with many enhancements Autotrader has made to the platform designed specifically for BHPH operators, will be on the agenda ... [Read More]

AutoStar Taps KISS Concepts Group to Promote Latest Software Package

business handshake 2
BHPH Report Staff
A well-established service provider in the buy-here, pay-here market formed a new strategic alliance with a start-up consulting agency with the aim of helping operators nationwide. Dealership software provider AutoStar Solutions forged a relationship this week with KISS Concepts Group ... [Read More]

NIADA’s Effort to Stop Oregon Bill Succeeds

news
BHPH Report Staff
The concentrated effort by the National Independent Automobile Dealers Association and its allies in Oregon paid immediate dividends. Less than a week after NIADA shared an update about a proposal in the Oregon legislature aimed at placing severe restrictions on ... [Read More]

Q1 Bankruptcy Filings Fall 15%

bankruptcy
BHPH Report Staff
While also giving a projection of how many total filings there might be this year, the American Bankruptcy Institute reported total U.S. bankruptcy filings fell 15 percent in the first quarter compared to the same span last year. According to ... [Read More]

Oregon Bill Aims to Add 8 Requirements of BHPH Dealers

oregon senate for BHPH
BHPH Report Staff
The National Independent Automobile Dealers Association is organizing its own resources along with colleagues from Oregon’s independent dealer association in an effort to prevent a bill from becoming law in the Beaver State that could radically alter how buy-here, pay-here ... [Read More]

Industry Veteran Establishes Service Agency with Footprint Already Covering 12 States

shutterstock_162848774
BHPH Report Staff
A name familiar to the automotive industry, especially the buy-here, pay-here segment, resurfaced this week as Rod Heasley established a consulting agency to service independent agents specializing in both prime and subprime financing. Heasley, who has 37 years of industry ... [Read More]

Big Apple Regulator Out to Halt ‘Predatory’ Auto Loans

julie menin for bhph
BHPH Report Staff
The New York City Department of Consumer Affairs didn’t come right out and say its new initiative is targeted against the plight of buy-here, pay-here dealers in the Big Apple, but the regulator’s descriptive words such as “predatory” in explaining ... [Read More]

Wayne Reaves Enhances BHPH Platform with CarStory Integration

integration button
BHPH Report Staff
Buy-here, pay-here dealers who use Wayne Reaves software now can take advantage of what is offered by CarStory, a provider of crowdsourced data and analytics on used-vehicle pricing and preferences. This week, Wayne Reaves integrated CarStory Market Reports into its ... [Read More]

February Bankruptcy Filings Soften by 13%

bankruptcy
BHPH Report Staff
Buy-here, pay-here dealers might be seeing a smaller pool of potential customers who just filed for bankruptcy. The American Bankruptcy Institute cited data provided by Epiq Systems that showed total U.S. bankruptcy filings decreased 13 percent in February from the ... [Read More]

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]

Med Rec 1

MedRec 2

MedRec 3

Filmstrip

Digital Edition Ad

Offerings

X