SmartGroups is expanding its 20 group program for dealerships into the buy-here, pay-here and lease-here, pay-here spaces. The company said on Thursday that its inaugural meetings for these new groups are scheduled for October in Charlotte, N.C. “At SmartGroups, we ... [Read More]

PassTime is celebrating more than recovered vehicles this week. The company announced that Encore has received a 2024 IoT Evolution Product of the Year Award from IoT Evolution World, a leading website covering internet of things technologies. PassTime Encore is ... [Read More]

It seems that at least once a week, a bankruptcy question comes up in one of the dealer/creditor social media groups that we follow. The questions usually involve either selling a vehicle to someone that has filed bankruptcy or repossessing ... [Read More]

With bankruptcy filings already on a notable upward trajectory, experts pointed out why the next six to 18 months merit particular watching by dealerships, finance companies and other operations with a vested interest in bankruptcy. According to data provided by ... [Read More]

No one should blame Gene Daughtry if he often hums the Johnny Cash song “I’ve Been Everywhere.” After all, the senior consultant for Auto Master Systems likely has been to many of the same cities included in the chorus of ... [Read More]

Over the past three years, soaring prices have hit American consumers hard. The cost of food, fuel, and shelter have all risen dramatically, along with the goods and services we purchase every day. The car market certainly hasn’t escaped these ... [Read More]

Recently, I was at an industry event listening to a panel discussion about best practices when handling “heated” customer situations. One of the panelists shared a philosophy that struck a chord. He said, “Hopefully I have done a good job ... [Read More]

Brent Carmichael is no stranger to the buy here-pay here business. With more than 30 years in BHPH and subprime finance, including 10 years with a large BHPH operation, he has seen and heard … well, if not all, then ... [Read More]

Advantage GPS made two announcements on Tuesday as operators gathered in Las Vegas for the National Independent Automobile Dealers Association Convention & Expo. Along with now being an NIADA National Corporate Partner, the provider of advanced GPS technology solutions and ... [Read More]

Marty McFarland and Brian Geitner are back working together in the floorplan arena. Last week, Kinetic Advantage announced Geitner has joined Kinetic as president and chief operating officer. McFarland is a founder of the national provider of floorplan financing services ... [Read More]