J.D. Byrider is facing a lawsuit from the Massachusetts attorney general filled with allegations about its business practices and the quality of its vehicles. Attorney General Maura Healey has sued J.D. Byrider, which has four buy-here, pay-here franchises in Massachusetts, for ... [Read More]

This week, Rep. Roger Williams was been selected by the National Independent Automobile Dealers Association as the winner of the first NIADA Legislator of the Year award. The award will be presented annually to recognize a member of Congress for ... [Read More]

Of the 21 different training sessions the National Alliance of Buy-Here, Pay-Here Dealers (NABD) is organizing for its next conference, there are a trio of segments that might be most beneficial to operators looking to build a larger and stronger ... [Read More]

As summer has gone along, bankruptcy filings are on the rise. The American Bankruptcy Institute highlighted a double-digit sequential rise in total filings during August as compared to the previous month. According to data provided by Epiq Systems, total U.S. ... [Read More]

The past 24-month period has seen the highest level of subprime and deep subprime competition in history. Fueled by “cheap money” raised with Wall Street syndicated auto bond securitizations, the subprime auto finance market has grown to an estimated $200 ... [Read More]

Our series continues now that we’ve identified “eight risk questions that might keep you up at night,” as well as how can we better identify risk as a buy-here, pay-here dealership. An important aspect of lending is not only which ... [Read More]

As reports continue to arrive stemming from the damage caused by Hurricane Harvey in Texas and elsewhere along the Gulf Coast, Ignite Consulting Partners gave buy-here, pay-here dealers and other auto finance providers three reminders associated with credit reporting for ... [Read More]

Along with elaborating a bit about his upcoming retirement, America’s Car-Mart chief executive officer William “Hank” Henderson described how underwriting tightening in other areas of the auto-finance market is benefitting the chain of buy-here, pay-here dealerships. The market change is ... [Read More]

While sharing results from the first quarter of its 2018 fiscal year, America’s Car-Mart announced a major change in leadership will be coming at the end of the calendar year. Car-Mart said in a news release posted late on Thursday ... [Read More]

In the current issue of BHPH Report, we discussed what we classified as the “eight risk questions that might keep you up at night.” We spelled out each of those questions here. Well, now let’s try to provide you some ... [Read More]