This Month's Focus
Turbocharged Finance
Arvest Bank sees early successes with FICO Auto Score 10
COMMENTARY: The secret to accelerating funding in indirect auto lending
Mercedes-Benz USA approves NETSOL as a digital retail provider for its dealerships
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
Newest Tricolor securitization gets AAA rating
BHPH Report Staff
This week, Tricolor announced details of its seventh securitization that included a class to gain a AAA rating. The used-vehicle retailer that specializes in the Hispanic market, rolled out an issuance of $234 million of asset-backed bonds secured by a ... [Read More]
SBA opens online path to PPP loan forgiveness
BHPH Report Staff
For buy-here, pay-here operators who received a Paycheck Protection Program (PPP) loan of $150,000 or less, they might not have to repay the amount. On Wednesday, the U.S. Small Business Administration (SBA) launched a streamlined application portal to allow borrowers ... [Read More]
PODCAST: Vroom chief revenue officer during TIADA annual convention
BHPH Report Staff
For the first time, an episode of the Auto Remarketing Podcast was recorded in front of a live audience. During the annual convention hosted by the Texas Independent Automobile Dealers Association in Round Rock, Texas, Cherokee Media Group’s Nick Zulovich ... [Read More]
Agora Data appoints Rajan as chief revenue officer
BHPH Report Staff
Antonio Rajan knows the buy-here, pay-here industry well stemming from his time as chief revenue officer at Autostar Solutions. This week, Rajan took on the same executive position but with Agora Data, which strives to provide BHPH dealers and small ... [Read More]
NIADA continues revamp of 20 group programs with 2 new moderators
BHPH Report Staff
This week, the National Independent Automobile Dealers Association continued its revamp of moderators and trainers who will oversee the organization’s dealer 20 groups. Joining Ed Curry, who came aboard last month, NIADA welcomed Bill Elizondo and Ben Goodman, whose backgrounds ... [Read More]
PODCAST: Industry update with NIADA’s Larry Dixon
BHPH Report Staff
Larry Dixon, the vice president of industry insights and analysis at the National Independent Automobile Dealers Association, made another visit for an episode of the Auto Remarketing Podcast to discuss the wholesale market and how some current conditions are reminiscent ... [Read More]
NIADA welcomes back ‘rock star’ Joe Lescota for upcoming convention
BHPH Report Staff
The National Independent Automobile Dealers Association happily announced this week that Joe Lescota is back. The auto retail expert and acclaimed dealer educator will once again share his knowledge, experience and insights with independent dealers from across the nation at ... [Read More]
5 ways to look at historic June bankruptcy data
BHPH Report Staff
Not since June 2006 — when Disney first released “Cars” in movie theaters — have there been bankruptcy trends like what Epiq and the American Bankruptcy Institute (ABI) are now explaining. Epiq recently released its June 2021 bankruptcy filing statistics ... [Read More]
PODCAST: Reinsurance 101 with Buckeye’s Shaun Petersen
BHPH Report Staff
Veteran buy-here, pay-here dealers already might understand the complexities and potential gains of a well-run reinsurance program. New operators or other dealerships might think that the previous sentence had a typo. In an effort to help the whole industry, we ... [Read More]
JilCat makes product line publicly available to bring new life to engines & transmissions
BHPH Report Staff
Buy-here, pay-here industry advisor Gene Daughtry has seen plenty of vehicles that were in need of some serious TLC before being ready to retail. Sometimes, instead of replacing an engine or transmission — or just send off the vehicle to ... [Read More]
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