PODCAST: 20 group meetings during the pandemic
Wednesday, Feb. 24, 2021, 04:05 PM
BHPH Report Staff
Just like the dealers he serves, Brent Carmichael found ways to adapt. The 20 group moderator, consultant and instructor with NCM Associates joined the podcast to describe how dealer gatherings have continued to be beneficial despite the pandemic creating restrictions ... [Read More]
PODCAST: Agora Data’s Steve Burke on credit availability
Wednesday, Feb. 24, 2021, 04:01 PM
BHPH Report Staff
Agora Data chief executive officer Steve Burke returned for another podcast appearance to discuss two of his passions: buy-here, pay-here dealerships and helping them get the capital they need to be successful. The conversation came after the company rolled out ... [Read More]
PPP loans only for businesses with less than 20 employees start Wednesday
Monday, Feb. 22, 2021, 02:22 PM
BHPH Report Staff
For the smallest buy-here, pay-here and independent dealerships, perhaps their best opportunity to secure funding through the latest round of the Paycheck Protection Program (PPP) arrives on Wednesday. According to an announcement from the White House on Monday morning, the ... [Read More]
PODCAST: Marty McFarland of Kinetic Advantage
Monday, Feb. 15, 2021, 07:56 PM
BHPH Report Staff
This isn’t Marty McFarland’s first experience in starting up a company. But it is the first time he’s been involved in one during a pandemic. McFarland appeared on the Auto Remarketing Podcast not only to recap the journey Kinetic Advantage ... [Read More]
PODCAST: Scott Maybee of NextGear Capital
Monday, Feb. 15, 2021, 07:54 PM
BHPH Report Staff
Scott Maybee now has been the president of NextGear Capital for a little more than a year. During much of that time, the pandemic has impacted how the floorplan company functioned internally and with its independent dealership client base. Maybee ... [Read More]
Credit lines now part of Agora Data’s dealer offering
Thursday, Feb. 11, 2021, 04:07 PM
BHPH Report Staff
Without financial resources, buy-here, pay-here dealerships likely wouldn’t exist since it’s such a high-risk, cash-dependent piece of the automotive industry. And for the second time in the past couple of months, Agora Data added to its suite of market-disruptive capabilities ... [Read More]
Experts get creative to describe January bankruptcy metrics
Tuesday, Feb. 9, 2021, 03:26 PM
BHPH Report Staff
The ongoing year-over-year decline in bankruptcy filings because of the pandemic prompted experts to get creative to summarize the situation. According to data provided by Epiq, the American Bankruptcy Institute (ABI) reported that total consumer and business filings fell more ... [Read More]
Dixon among 3 new NIADA vice presidents
Thursday, Feb. 4, 2021, 05:16 PM
BHPH Report Staff
A wholesale market expert who has appeared multiple times during the National Remarketing Conference and Used Car Week now is a part of the team at the National Independent Automobile Dealers Association. Among the three executive moves announced by NIADA ... [Read More]
COMMENTARY: Meet the new boss; same as the old boss
Thursday, Feb. 4, 2021, 04:09 PM
Steve Levine, Ignite Consulting Partners
The Who song, “Won’t Get Fooled Again” ends with the words that I’ve chosen to be the title to this article, and through them, Pete Townshend sums up the subject of revolution by seemingly saying “the more things change, the ... [Read More]
PODCAST: America’s Car-Mart president and CEO Jeff Williams
Tuesday, Feb. 2, 2021, 03:29 PM
BHPH Report Staff
For the first time, America’s Car-Mart president and chief executive officer Jeff Williams joined the Auto Remarketing Podcast. Williams highlighted how well the chain of buy-here, pay-here dealerships has pivoted its operations to meet protocols triggered by the pandemic as ... [Read More]