Wayne Reaves, one of the leading providers of dealer management software to independent dealers since 1987, will soon enhance its flagship product with NADA Values from J.D. Power Valuation Services. According to Jason Reaves, president of Wayne Reaves, “Our integration ... [Read More]

When compiling the 19th version of the buy-here, pay-here industry benchmarks, Ken Shilson noticed a metric climb to a level never seen previously — the allowance for bad debts. On one hand, the president of Subprime Analytics and the National ... [Read More]

Advanced Lending & Portfolio Services (ALPS), a division of Westlake Financial Services, tried to make it a simple process for a buy-here, pay-here operator to cash in on his way to departing the space. Earlier this week, Westlake ALPS announced the ... [Read More]

Cox Automotive’s Tom Webb said earlier this year that buy-here, pay-here dealers were in a “better position.” Then a few weeks later, Ken Shilson with the National Alliance of Buy-Here, Pay-Here Dealers highlighted how “bad news could be good news ... [Read More]

For the second time this week, a development came to light out of New Jersey that might be relevant to buy-here, pay-here dealerships nationwide. After BHPH Report highlighted how the industry scored a major legislative victory in the Garden State ... [Read More]

Spireon announced updates to Recovery Link — a feature of its one-step GoldStar GPS solutions vehicle recovery system for buy-here, pay-here dealers — which can allow them to automatically send recovery agents locator intelligence on the location of lapsed vehicles through text ... [Read More]

Good news for buy-here, pay-here dealerships in New Jersey — and perhaps in other states, too. Garden State dealers can continue to utilize GPS and starter-interrupt devices. The National Independent Automobile Dealers Association capped a prolonged lobbying effort with a ... [Read More]

NIADA recently welcomed two more members of the National Independent Automobile Dealers Association's National Member Benefit program. The pair includes the Coordinating Committee for Automotive Repair and American Solutions for Business. The Coordinating Committee for Automotive Repair (CCAR) is a ... [Read More]

The National Alliance of Buy-Here, Pay-Here Dealers recently announced the details of its 19th annual BHPH Conference at the Wynn/Encore in Las Vegas on May 23 through May 25. NABD president Ken Shilson explained that the theme of this show ... [Read More]

Think your buy-here, pay-here operation has been the only one impacted by the delayed release of tax funds to certain consumers? One of the largest BHPH players as well as a finance company that books plenty of non-prime originations discussed ... [Read More]