Here’s another way to generate revenue at your buy-here, pay-here operation with the units that might have some of the highest odometer readings in your inventory. First Choice Car Care recently announced its five-year, 100,000-mile vehicle service contract (VSC) plans ... [Read More]

The American Bankruptcy Institute projected how many filings there could be this year after learning the amount of cases reported through the first six months of 2017. According to data provided by Epiq Systems, ABI reported that total bankruptcy filings ... [Read More]

The industry just moved past Fourth of July, but the National Alliance of Buy-Here, Pay-Here Dealers (NABD) is already looking toward late October when the organization hosts its next BHPH Conference. The 14th annual conference — which has the theme ... [Read More]

Ignite Consulting Partners is hosting a free webinar focused on one of the most complicated services buy-here, pay-here dealers sometimes offer their customers — reporting of payment activity to one of the credit bureaus. Richard Hudson, chief optimization officer at ... [Read More]

The industry put up a valiant effort to prevent it from happening, but a new law in Nevada goes into effect on Saturday that greatly impacts how buy-here, pay-here dealerships and other auto finance companies that dive deep into the ... [Read More]

Jeff Baker came away from the auction at the recent National Independent Automobile Dealers Association Convention and Expo in Las Vegas as the owner of a beautiful truck. And what did he plan to do with it? “I haven't got ... [Read More]

It’s not news that independent and buy-here, pay-here dealers more often will complete vehicle deliveries with consumers with softer credit than their franchised store contemporaries. What is noteworthy is how Experian Automotive detailed the extra risk being facilitated through franchised ... [Read More]

Thanks to “mounting financial pressures,” the American Bankruptcy Institute reported that total U.S. filings in May increased 5 percent year-over-year. According to data provided by Epiq Systems, bankruptcy filings totaled 69,668 in May, up from 66,138 cases registered in May ... [Read More]

As temperatures rise nationwide, independent dealership confidence is cooling a bit. Independent dealers backed off from their unprecedented high levels of optimism early in the year, but their outlook remains positive, according to the National Independent Automobile Dealers Association's Business ... [Read More]

After participating in this year’s National BHPH Conference hosted by the National Alliance of Buy-Here, Pay-Here Dealers, technology provider DealerSocket is continuing to hit the trade show circuit with its comprehensive independent dealer platform. The company said its team has ... [Read More]