Refunds associated with federal income tax returns remain a crucial potential revenue stream to buy-here, pay-here dealers either as a pathway to deferred down payments or a method customers can use to become current again on their accounts. Well, the ... [Read More]

REPAY – Realtime Electronic Payments made two significant moves this week. First, REPAY expanded its footprint in the automotive industry and deepened integration capabilities with the acquisition of PayMaxx Pro. Then, REPAY announced a new partnership with PassTime. REPAY chief ... [Read More]

Now that DriveTime has its new top executive in place, the retailer that caters to buyers with damaged credit histories unveiled its news marketing initiative. This week, DriveTime launched what the company called its “The Genius Way to Buy a ... [Read More]

The Texas Independent Automobile Dealers Association and the National Independent Automobile Dealers Association are both located in the Lone Star State and already have a close relationship. That connection became even stronger on Tuesday in a development that could help Texas ... [Read More]

DriveTime chose a leader with plenty of experience in the franchised dealer group world to be its new chief executive officer. According to an announcement distributed on Monday, Don Reese will join DriveTime as its new CEO beginning in late ... [Read More]

When the National Independent Automobile Dealers Association (NIADA) finalized its acquisition of the National Alliance of Buy-Here, Pay-Here Dealers (NABD) this past December, the last thing Ken Shilson wanted to do was just power down his computer and never look spreadsheets ... [Read More]

There is, perhaps, no better illustration of the “with great risk, comes great reward” concept than buy-here, pay-here. However, the advent of automated billing systems has decreased the risks associated with this market while improving cash flow and profits for ... [Read More]

With more consumers shopping for their next car using their mobile devices, DriveTime wanted to upgrade its offerings in an effort to capture those potential sales. On Tuesday, DriveTime announced the launch of a new mobile site with innovations designed ... [Read More]

Independent dealers went into 2018 with an upbeat mood. Why? The economic and retail sales growth expectations of independent dealers have improved substantially, according to the National Independent Automobile Dealers Association’s business confidence survey for the fourth quarter of 2017. ... [Read More]

This week, America’s Car-Mart expanded its network of buy-here, pay-here dealerships. The company opened its second store in Bowling Green, Ky. The location raises Car-Mart’s footprint in the Bluegrass State to 12 dealerships. Car-Mart indicated this new Bowling Green dealership ... [Read More]