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This Month's Focus

Turbocharged Finance
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Arvest Bank sees early successes with FICO Auto Score 10
Arvest Bank — a regional, full-service lender with more than 200 locations throughout Arkansas, Oklahoma, Kansas and Missouri — recently upgraded to FICO Auto Score 10 in a move to give the institution a more precise view of borrower risk ... Read More
dealership employee COMMENTARY: The secret to accelerating funding in indirect auto lending
In the early 2000s, I sat at a dealership finance desk with a calculator, a stack of pay stubs, and a phone that wouldn’t stop ringing. I gathered stips by hand, calculated income line by line, and verified insurance, hoping ... Read More
Mercedes-Benz USA approves NETSOL as a digital retail provider for its dealerships
NETSOL Technologies recently highlighted Mercedes-Benz USA has approved NETSOL as a digital retail provider for Mercedes-Benz dealerships. This move opens the brand’s dealer network to Transcend Retail, NETSOL’s digital retail platform. The platform gives buyers a single, continuous purchase experience, ... Read More
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

PODCAST: New NIADA CEO Bob Voltmann

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BHPH Report Staff
Bob Voltmann participated in this episode of the Auto Remarketing Podcast during one of his first public appearances since becoming chief executive officer of the National Independent Automobile Dealers Association in late October. Voltmann shared with Cherokee Media Group senior ... [Read More]

Tricolor adds 3 to executive management team

new hire
BHPH Report Staff
Tricolor reinforced its management team on Thursday as the retailer that’s focused on Hispanic consumers named three new executives with chief in their title. The tech-enabled Community Development Financial Institution (CDFI) named Nick Brown as chief risk officer, Albert Hoover ... [Read More]

Byrider honors 15 operators during virtual annual convention

award winner
BHPH Report Staff
The company’s annual convention had to be virtual this year to accommodate safety precautions amid the COVID-19 pandemic, but Byrider still honored 15 different franchise store operators. The chain of buy-here, pay-here stores handed out Franchises of the Year Awards in ... [Read More]

Car-Mart reflects on efforts to salute cancer survivors, raise funds for ACS

car mart-Check-Presentation for web
BHPH Report Staff
October was a special month for America’s Car-Mart, and not just for the vehicles the buy-here, pay-here dealership chain retailed. The company spent the month highlighting associates and their family members and friends who have overcome cancer while also raising ... [Read More]

How Chicago BHPH dealer enjoyed ‘small miracle’ via TurboPass

Chicago car center for web
BHPH Report Staff
A buy-here, pay-here operator with four locations in the Chicagoland area evidently enjoyed a “small miracle” with the aid of TurboPass. Earlier this year, Chicago Car Center began using TurboPass reports to streamline the verification process in all of its ... [Read More]

October bankruptcies remain off year-over-year

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BHPH Report Staff
While bankruptcy filings continue to be lower year-over-year, leadership of the American Bankruptcy Institute is maintaining that cases are likely to spike as both businesses and consumers continue to navigate pandemic-created financial challenges. According to data provided by Epiq Systems, total ... [Read More]

Petersen leaves NIADA to join Buckeye Dealership Consulting

Shaun Petersen for web
BHPH Report Staff
Another executive from the National Independent Automobile Dealers Association has taken a role with a service provider for buy-here, pay-here operators. Buckeye Dealership Consulting, which offers re-insurable products and other solutions for dealerships, announced this week that Shaun Petersen has ... [Read More]

PassTime details advantages of new connected-vehicle platform

passtime collage for web
BHPH Report Staff
PassTime is leveraging the capability of connected vehicles in an effort to serve its clients better. This week, the provider of vehicle GPS solutions launched its OASIS v2 IoT platform, which utilizes telematics data from millions of connected vehicles to ... [Read More]

Newest NIADA National Member Benefit Partner aimed at cost management

bar-chart
BHPH Report Staff
While the market might be improving according to some industry research, the National Independent Automobile Dealers Association emphasized how important it for dealerships to make sure they’re executing spend management best practices and strategies to be in an optimal position ... [Read More]

Byrider donates another $10K to Riley Hospital for Children

Race For Riley Byrider Check Presentation for web
BHPH Report Staff
Byrider gave something a little more valuable than just candy this Halloween. This week, the chain of buy-here, pay-here dealerships announced it donated $10,000 for Riley Hospital for Children through its annual Race For Riley, held on Saturday at New ... [Read More]

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