For the third time already this year, PassTime is integrating with another technology provider to help buy-here, pay-here dealerships and subprime auto finance companies. This week, PassTime and BlytzPay announced an integration partnership. PassTime — a solutions company that provides ... [Read More]

A large percentage of independent buy-here, pay-here dealerships are primarily funded by a line of credit from a bank. For the most part, these arrangements have worked out well for both parties, but there appears to be a growing problem ... [Read More]

One of the largest networks of buy-here, pay-here dealerships is leveraging a Cox Automotive division in an effort to showcase inventory more effectively online. This week, J.D. Byrider announced it has partnered with HomeNet Automotive to bring SnapLot 360 technology ... [Read More]

The American Bankruptcy Institute reported that the first quarter closed with a decline in bankruptcy filings. According to data provided by Epiq Systems, total bankruptcy filings in March decreased 3% year-over-year. The 73,476 total filings in March were down from the ... [Read More]

More tools to help members of the National Independent Automobile Dealers Association arrived last week. Auction123, powered by ARI Network Services and a provider of responsive website software, inventory management and automated inventory listings solutions, joined with the association as ... [Read More]

In an effort to touch on an array of topics within the used-vehicle industry, Nick recently connected with AGORA founder and chief executive officer Steve Burke for a podcast about how the market for bulk portfolio purchases is behaving. With ... [Read More]

For the second time this month, PassTime finalized another relationship to help buy-here, pay-here dealerships and finance companies that participate in the subprime space. After solidifying a relationship with AFS Dealers, the automotive GPS solutions provider recently announced it has ... [Read More]

As commercial filings spiked, the American Bankruptcy Institute reported that consumer filings softened in February. According to data provided by Epiq Systems, total bankruptcy filings decreased 1 percent to 56,118 in February from the 56,732 cases filed in February of ... [Read More]

Independent auto dealers weren’t sold on the economy at large heading into 2019. But they were mildly optimistic about the outlook for their businesses, according to the results of NIADA’s latest Business Confidence Survey. While dealers expecting the overall economy ... [Read More]

Collections and repossessions might be a little easier now for buy-here, pay-here and lease-here, pay-here operators who use PassTime and AFS Dealers. The companies announced this week they have completed a software integration and strategic partnership. Executives highlighted that AFS ... [Read More]