PODCAST: Some ‘inside baseball’ on repo law from RSIG’s Mike Howk
Wednesday, Jun. 5, 2024, 01:44 PM
BHPH Report Staff
Attorney Mike Howk got into the repossession business by accident. More than three decades later, he not only is still there, he is a nationally recognized expert in repossession law as risk manager and director of education for the Recovery ... [Read More]
Ignite celebrates most successful installment of Compliance Unleashed yet
Tuesday, Jun. 4, 2024, 10:15 AM
BHPH Report Staff
Ignite Consulting Partners collaborating with the Association of Dealership Compliance Officers (ADCO) proved to be a winner for everyone involved. More than 200 dealers and other industry participants attended the sixth annual Compliance Unleashed Conference in Grapevine, Texas, late last ... [Read More]
PODCAST: 20 Group ‘legend’ Brent Carmichael on why BHPH dealers should rethink their business model
Monday, Jun. 3, 2024, 09:20 AM
BHPH Report Staff
Brent Carmichael has been a 20 Group moderator, instructor and dealership consultant with NCM Associates for almost two decades, and is now practically synonymous with 20 Groups. So much so that in being introduced before one of his two sessions ... [Read More]
PODCAST: Independent Dealer Podcast hosts discuss dealer-to-dealer education, hot topics and ‘celebrity’ status
Friday, May. 31, 2024, 02:56 PM
BHPH Report Staff
When buy-here, pay-here dealers Luke Godwin and Jeff Watson attend an auto industry conference, everyone knows who they are. As hosts of The Independent Dealer Podcast, they have built a loyal following by sharing insights from their businesses and picking ... [Read More]
Konnect updates magnetic GPS tracker
Tuesday, May. 28, 2024, 02:31 PM
BHPH Report Staff
Just before Memorial Day weekend, Konnect GPS announced the launch of a new, updated version of its magnetic GPS tracker. Konnect GPS said it can monitor a vehicle as well as other business assets because, unlike Bluetooth-enabled Apple Air Tags ... [Read More]
Top 5 states where elderly face biggest risk for bankruptcy
Tuesday, May. 21, 2024, 09:53 AM
BHPH Report Staff
Total U.S. bankruptcy filings in April increased 28% year-over-year, according to the latest data provided by Epiq AACER. With that rise in mind, Moneywise recently analyzed 11 factors to determine which states contain elderly U.S. citizens — individuals over age ... [Read More]
Kinetic enhances monthly subscription service with transportation feature
Thursday, May. 16, 2024, 12:41 PM
BHPH Report Staff
Subscriptions held by independent dealers can get them their favorite music, movies and now transportation for their incoming inventory. This week, Kinetic Advantage rolled out an enhancement to its floorplan financing for independent dealers. Dealers enrolled in the provider’s monthly ... [Read More]
Bankruptcies spike again in April with more filings predicted
Tuesday, May. 14, 2024, 09:54 AM
BHPH Report Staff
Like heat and humidity often fuel thunderstorms, high inflation and interest rates are pushing consumers and businesses into bankruptcy. According to data provided by Epiq AACER, total U.S. bankruptcy filings in April increased 28% year-over-year, rising from 35,497 to 45,592. ... [Read More]
Car-Mart set to grow Texas footprint
Thursday, May. 9, 2024, 11:52 AM
BHPH Report Staff
America’s Car-Mart is poised to surge past a baker’s dozen of locations in the Lone Star State. The company announced last week that it has entered into a definitive agreement to purchase the dealership assets of Texas Auto Center (TAC). ... [Read More]
Dealers gain valuable knowledge through record-setting BHPH United Summit
Tuesday, May. 7, 2024, 11:39 AM
BHPH Report Staff
In what organizers said was their “best yet,” more than 400 attendees consisting of buy-here, pay-here dealers from across the country gathered at the Bellagio in Las Vegas for the third annual BHPH United Summit. After three days of dealer-to-dealer ... [Read More]