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The real cost of inaction when it comes to transport fraud
Thursday, Jan. 29, 2026, 03:30 PM
Listen Here
More dialogue about current complexities of fleet management with David Prusinski of Vehicle Management Systems (VMS)
Thursday, Jan. 29, 2026, 03:30 PM
A limited number of qualified maintenance technicians. A robust mix of gasoline-, diesel- and electric-fueled vehicles. There’s no shortage of challenges for fleet managers nowadays. To help wade through the environment with valuable perspectives, David Prusinski, who is CEO of ... Listen Here
Lenders, forwarders & agents discuss repo bottlenecks
Wednesday, Jan. 28, 2026, 07:16 PM
In another of the Used Car Week 2025 panel discussions focused on repossessions and recoveries, AutoSquared.ai co-founder Bahador Rahimi led a conversation that included lenders, forwarders and agents. The group exchanged ideas about how industry firms can smooth the bottlenecks ... Listen Here

Kinetic Advantage rolls out auditing platform, major growth plans

Marty with logo for web
Thursday, Jan. 28, 2021, 03:59 PM
BHPH Report Staff
It’s been an active opening month of 2021 for Kinetic Advantage, a newly formed floorplan financing company with an eye on gaining market share among independent dealerships. After landing an undisclosed amount of funding through Altamont Capital Partners, Kinetic Advantage ... [Read More]

CARite & DriveItAway partner to offer vehicle subscriptions regardless of credit

carite driveitaway for web
Tuesday, Jan. 26, 2021, 02:50 PM
BHPH Report Staff
Fresh off expanding its dealer group footprint to 26 total locations, CARite now has partnered with DriveItAway in an effort to help consumers secure vital transportation while building equity and taking a “never-ending test drive.” On Tuesday, CARite announced the ... [Read More]

Texas Capital Bank adds 2 execs as new CEO takes over

Texas Capital for web_0_0
Tuesday, Jan. 26, 2021, 02:48 PM
BHPH Report Staff
After closing a “challenging year” with “strong fourth-quarter results,” Texas Capital Bank announced a pair of executive leadership appointments, effective immediately, creating roles for experienced professionals who each spent many years in posts at JPMorgan Chase & Co. Now serving ... [Read More]

Atcheson: How should independent dealers navigate through 2021?

2021 car ignition
Thursday, Jan. 21, 2021, 04:24 PM
Kenny Atcheson, Dealer Profit Pros
After one of the strangest years ever, how have you prepared for 2021? Election years are usually off the wall, but 2020 was ridiculous. Uncertainties that linger affect how a dealer plans for and navigates through 2021. To write off ... [Read More]

Altamont invests in Kinetic with eye on growing floorplan business among independent dealers

kinetic for web
Monday, Jan. 18, 2021, 04:53 PM
BHPH Report Staff
Altamont Capital Partners said the investment firm is “impressed” with Kinetic Advantage, a newly formed floorplan financing company led by industry veterans Marty McFarland, Randy Dohse and Chris Brady. While specific terms of the transaction were not disclosed on Monday, ... [Read More]

Full PPP loan access to return no later than Tuesday

cash flag lens
Thursday, Jan. 14, 2021, 04:13 PM
BHPH Report Staff
For some buy-here, pay-here operators seeking a Paycheck Protection Program (PPP) loan, their banker could have access to the program as soon as Friday. If the opportunity doesn’t arrive by the end of the week, federal officials confirmed that the ... [Read More]

2020 bankruptcy filings sink to lowest level in 34 years

bankruptcy 2
Tuesday, Jan. 12, 2021, 04:09 PM
BHPH Report Staff
Of all the financial turbulence created by the pandemic, a record-setting number of bankruptcies was not among the unprecedented developments. In fact, according to data shared by the American Bankruptcy Institute (ABI) and Epiq, last year generated the fewest filings ... [Read More]

CARite expands in 2 states to lift group size to 26 stores

Carite image for web
Thursday, Jan. 7, 2021, 07:34 PM
BHPH Report Staff
Credit Acceptance founder Don Foss created his own dealership group 10 years ago. And now a decade later, that operation — CARite — has 26 locations with the two newest ones coming into the group this week. According to a ... [Read More]

Agora Data calls crowdsourced auto securitization a ‘quantum leap’ for BHPH dealers

agora securitization for web
Thursday, Jan. 7, 2021, 07:32 PM
BHPH Report Staff
Sometimes, too many cooks in the kitchen can be a recipe for disaster. But Agora Data championed a financial dish with several buy-here, pay-here operators and smaller finance companies that the tech firm says “represents a quantum leap” for their ... [Read More]

Car-Mart expands in Oklahoma, increases line of credit

new carmart logo for web
Tuesday, Jan. 5, 2021, 04:38 PM
BHPH Report Staff
America’s Car-Mart made a pair of moves before 2020 finished as the chain of buy-here pay-here dealerships expanded its footprint in Oklahoma while also increasing its revolving line of credit. Car-Mart now has 151 dealerships in its network after bringing ... [Read More]

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