Top executives from GPS & LPR worlds discuss pandemic, industry future & more
Tuesday, Apr. 6, 2021, 02:31 PM
Nick Zulovich, Senior Editor
Two of the sharpest tools buy-here, pay-here operators can use to mitigate their risk are GPS devices and license-plate recognition technology. With the pandemic still significantly impacting just about every aspect of life nowadays, BHPH Report reconnected with two top executives ... [Read More]
PODCAST: Leveraging potential tax advantages triggered by pandemic & more
Thursday, Apr. 1, 2021, 03:52 PM
BHPH Report Staff
The exciting part of tax season is retailing vehicles and filling the portfolio of paper to generate payments for many months to come. The complicated part of tax season is making sure your business made all of its necessary filings ... [Read More]
PPP loans now available until the end of May
Thursday, Apr. 1, 2021, 03:49 PM
BHPH Report Staff
For buy-here, pay-here operators and other independent dealerships that haven’t gotten or used federal resources to aid their businesses, they now have more time to complete applications and secure funding. Earlier this week, President Joe Biden signed the PPP Extension ... [Read More]
Car-Mart unveils inaugural corporate responsibility report
Tuesday, Mar. 30, 2021, 02:50 PM
BHPH Report Staff
America’s Car-Mart recently released its first corporate responsibility report as part of its ongoing efforts to increase disclosures and transparency as the network of buy-here, pay-here dealerships celebrates four decades of success. According to a news release, the report highlights ... [Read More]
How dealers could land $1K via Agora Lender Challenge
Tuesday, Mar. 30, 2021, 02:48 PM
BHPH Report Staff
Perhaps triggered by the college basketball tournaments near their climax and Major League Baseball getting set for its season, Agora Data has outlined a competition where buy-here, pay-here could land $1,000. According to a news release, Agora Data issued a ... [Read More]
PODCAST: NIADA’s Larry Dixon on wholesale prices, upcoming convention & more
Thursday, Mar. 25, 2021, 02:08 PM
BHPH Report Staff
Larry Dixon made his first appearance on the Auto Remarketing Podcast as an executive with the National Independent Automobile Dealers Association. The used-car market expert who now is NIADA’s vice president of industry insights and analysis not only discussed what’s ... [Read More]
Arizona lawmakers consider proposal to cut ‘last-resort tool’ for BHPH dealers
Tuesday, Mar. 23, 2021, 02:33 PM
BHPH Report Staff
The Arizona Independent Automobile Dealers Association (AIADA) is continuing to ask state lawmakers to halt progress on a proposal that would eliminate what the organization said “is a last-resort tool important to every BHPH dealer in Arizona.” BHPH Report recently ... [Read More]
Ignite Consulting Partners gearing up for in-person compliance training
Tuesday, Mar. 16, 2021, 02:24 PM
BHPH Report Staff
Ignite Consulting Partners is counting down the days until May 17, which marks the beginning of its in-person compliance training event. After the pandemic forced the firm to cancel last year’s Compliance Unleashed, Ignite Consulting Partners is preparing to host ... [Read More]
Spireon acquires CalAmp’s stolen vehicle solution
Tuesday, Mar. 16, 2021, 02:21 PM
BHPH Report Staff
Two technology providers familiar with independent and buy-here, pay-here dealerships just struck a deal. According to a news release posted on Tuesday, CalAmp and Spireon announced that Spireon has acquired the LoJack U.S. Stolen Vehicle Recovery (SVR) business from CalAmp. ... [Read More]
Talk of potential bankruptcy bubble intensifies
Tuesday, Mar. 9, 2021, 03:38 PM
BHPH Report Staff
Bubble talk in March is not limited to just discussions about which teams will qualify for the major college basketball tournaments. The term surfaced when Epiq and the American Bankruptcy Institute (ABI) reviewed February filings and looked ahead to what ... [Read More]
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