Steve Burke’s role as chief executive officer of Agora Data gives him a tremendous vantage point to access the current financial status of independent and buy-here, pay-here dealerships as well as activities within the automotive securitization market. And during the ... [Read More]

Compliance expert Randy Henrick, who also is a part of the team at Ignite Consulting Partners, shared a costly example of how not following federal statutes when making personnel decisions can inflict some significant financial pain on independent and buy-here, ... [Read More]

There have been so many changes and unique circumstances that affect the market and your business. They must be considered as you plan for success in 2022. What to do about it all? First, plan to do something different — ... [Read More]

In past years, I would have been advising you to use the down time in the last quarter of a year to make assessments about your operation. Under normal circumstances it is time to evaluate your staff, look into your ... [Read More]

On Wednesday, America’s Car-Mart announced its second dealership acquisition in roughly the past 60 days. At the beginning of October, this year’s Independent Dealer of the Year acquired a store in Oklahoma. And now, Car-Mart announced it has entered into ... [Read More]

For several months now, Bill Elizondo has been back on the road hosting 20 group meetings in his role as senior moderator and consultant at National Independent Automobile Dealer Association. In this episode of the Auto Remarketing Podcast, Elizondo shared ... [Read More]

Byrider made a move this week to strengthen its service department. The chain of more than 140 buy-here, pay-dealerships and franchisees became a part of Openbay and its automotive services marketplace, one of the nation’s largest online consumer platforms for ... [Read More]

Agora Data added more technological horsepower to its platform aimed to help buy-here, pay-here dealerships gain more financial information and resources to growth their businesses. On Tuesday, the company highlighted the three enhancements it made to AgoraInsights. They include reporting ... [Read More]

It’s been 40 years since bankruptcy filings have been at the pace experts from Epiq and the American Bankruptcy Institute (ABI) are seeing in 2021. Last week, Epiq released its November bankruptcy filing statistics from its AACER bankruptcy information services ... [Read More]

Buy-here, pay-here dealers asked for more support, and a collection of industry firms are responding to the request. Three founders of a new organization called BHPH United, which was formed for the sole purpose of providing education and resources to ... [Read More]