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SPONSORED EPISODE: Rethinking vehicle-protection plans for today’s wide inventory mix with GWC Warranty
Used-car inventory on dealer lots nowadays can range from older, higher-mileage vehicles to EVs, lifted trucks, and modified vehicles. The result is dealers are also having to change the vehicle-protection conversations with customers. In this special sponsored episode of the ... Listen Here
Recapping credit scores & other trends in auto finance with Shams Blanc of FICO
Shams Blanc, head of auto scores at FICO, made another appearance on the Auto Remarketing Podcast to elaborate more about the fall edition of the FICO Score Credit Insights report. Along with recapping what’s going on in auto finance, Blanc ... Listen Here
SPONSORED EPISODE: Greenville Auto Auction Celebrates 16 Years—A look back and a look ahead
On this sponsored episode of the Auto Remarketing Podcast, Bill Zadeits visits with Billy Willis and Kevin Stallings of Greenville Auto Auction. The auction celebrates 16 years in early September, and the guys talk about the history of the sale, ... Listen Here

Bankruptcies make notable jump in July

bankruptcy 1
BHPH Report Staff
Buy-here, pay-here dealerships might see their potential buyer base grow as summer rolls along, stemming from the jump in bankruptcies filed in July. According to data provided by Epiq Systems, the American Bankruptcy Institute (ABI) reported this week that total U.S. ... [Read More]

NIADA sets more records during national convention

NIADA convention 19 pic for web
BHPH Report Staff
As the association announced Oliver North as keynote speaker for its annual event on Capitol Hill coming next month, the National Independent Automobile Dealers Association highlighted the final results from its national convention this past June. And as they say, ... [Read More]

Tricolor and Ganas leverage WhatsApp integration to reach Hispanic car shoppers

whatsapp pic for web
BHPH Report Staff
The Tricolor Auto Group in Texas and the Ganas Auto Group in California are again using technology to reach potential Hispanic customers. LivePerson Automotive, a division of global conversational commerce solutions provider LivePerson, recently launched its first WhatsApp implementation for ... [Read More]

Auto Care Association reveals board members, growth of Capitol Hill organization

capitol hill
BHPH Report Staff
As its Capitol Hill organization reached a new threshold of participating federal lawmakers, the Auto Care Association recently announced the elected members of its board of directors for 2019-2020. This board is effective as of July 1. The members of ... [Read More]

NIADA unveils compliance management system with ComplyNet

compliance pic
BHPH Report Staff
The National Independent Automobile Dealers Association is looking to give members all the resources they need to be compliant with the state and federal regulations that oversee their retail and financing operations. As a result, NIADA recently formed a strategic ... [Read More]

Family pleads guilty for using Texas BHPH dealership to launder gambling proceeds

money-stack
BHPH Report Staff
The Justice Department received guilty pleas from an east Texas buy-here, pay-here dealer, his wife and son in connection with a scheme to use the dealership as a cog in an illegal gambling machine that lasted more than 30 years. ... [Read More]

Bankruptcy filings remain steady through first half of 2019

bankruptcy 2
BHPH Report Staff
While many economic and auto-finance metrics moved up or down during the first half of 2019, the American Bankruptcy Institute discovered total bankruptcy filings were not among those trends. According to data collected by Epiq Systems, ABI reported that total ... [Read More]

DealerSocket’s plan to create ‘buy-here, pay-anywhere’ operations

Sejal Pietrzak_1
BHPH Report Staff
DealerSocket is looking to help buy-here, pay-here dealerships improve one of the most important parts of their business — the “pay” segment. This week, DealerSocket rolled out several major enhancements designed to seamlessly integrate and simplify workflows related to the ... [Read More]

Economic impact of GPS outage could approach $1B daily

IT picture
BHPH Report Staff
Oftentimes, one of the sharpest tools in a buy-here, pay-here dealership’s arsenal is using GPS devices to track their collateral in an effort to maintain contact with customers or begin the repossession process. But what if GPS suddenly became unavailable ... [Read More]

Byrider taps SiriusXM connected vehicle services

person on phone near cars
BHPH Report Staff
Byrider is continuing to make moves on the heels of its major rebranding initiative. The network of buy-here, pay-here stores this week announced a partnership with Automatic Labs, a SiriusXM company that looks to bring the power of connectivity to ... [Read More]

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