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Wolters Kluwer on significance of digital securitizations by credit unions
Matthew Babcock, who oversees digital lending product strategy for Wolters Kluwer, returned as a guest on the Auto Remarketing Podcast, recapping the recent milestone associated with credit unions and securitizations. Babcock also touched on the proliferation of AI agents and ... Listen Here
Next Ron Smith Lifetime Achievement Award recipient: Kyle Birch of GM Financial
For the first time since 2022, Auto Remarketing and Cherokee Media Group are giving their Ron Smith Lifetime Achievement Award; an honor reserved especially for executives who have made one of the most significant impacts on the used-car industry. During ... Listen Here
Used Car Week Hall of Fame honoree Jared Kalfus of Black Book
We finish our series featuring the 2026 Used Car Week Hall of Fame honorees with a conversation featuring Black Book president Jared Kalfus. Kalfus describes what it takes to be successful in sales and why face-to-face conversations are still vitally ... Listen Here

NADA cautions dealerships about Consumer Review Fairness Act

survey
BHPH Report Staff
It’s a scenario pretty common to buy-here, pay-here dealerships. Store management tries to satisfy a dispute with an unhappy customer, but that individual turns to the internet to vent — and perhaps badmouth — about the dealer and its personnel. ... [Read More]

Wells Fargo small business owner survey reflects optimism, confidence in economy

growth chart with man
BHPH Report Staff
Optimism among small business owners — which certainly can include independent and buy-here, pay-here dealerships — is strong, according to the latest quarterly Wells Fargo/Gallup Small Business Index based on a survey conducted during the first five days of April. ... [Read More]

Q2 opens with bankruptcy uptick

bankruptcy 2
BHPH Report Staff
The second quarter began with a rise in bankruptcy filings. According to data provided by Epiq Systems, the American Bankruptcy Institute (ABI) reported on Monday that total U.S. bankruptcy filings increased in April by 2% year-over-year. Officials tabulated that bankruptcy ... [Read More]

How ride-sharing programs can make dealers ‘look like heroes’

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Nick Zulovich, Senior Editor
For years, independent and buy-here, pay-here dealerships did business with customers who might work multiple jobs or use their income tax return as funds to put toward a down payment. New ways are arriving for those operators to still do ... [Read More]

Tricolor adds veteran Equifax executive to board of directors

executive boardroom
BHPH Report Staff
Tricolor is looking to a high-level Equifax executive to provide guidance and leadership. The used-vehicle retailer focusing on the integrated sale and financing of vehicles to Hispanic consumers on Tuesday announced the addition of veteran Equifax and financial services executive ... [Read More]

AGORA adds 2 seasoned executives to management team

new hire 2
BHPH Report Staff
AGORA bolstered its executive team this week with a pair of new additions. The Texas-based provider of technology solutions for the financial services industry announced Jim Bass has joined the management team as the senior vice president of finance and Zach ... [Read More]

Textmaxx Pro wins tech competition at Digital Dealer 26

Leedom award for web
BHPH Report Staff
Textmaxx Pro chief executive officer Chris Leedom told Tech Tank competition audience members during the 2019 Digital Dealer 26 Conference and Expo that 88 percent of all business calls go unanswered on the first try. Evidently that circumstance was well ... [Read More]

Frazer and SpinCar partner to enhance vehicle advertising

price-tag-3
BHPH Report Staff
Partnerships continued to develop in the buy-here, pay-here dealership space on Tuesday; this time involving Frazer Computing and SpinCar. The providers of dealer management software (DMS) for independent stores and digital automotive merchandising software announced a partnership that brings the ... [Read More]

PassTime finalizes 3rd integration in 2 months

partnership picture
BHPH Report Staff
For the third time already this year, PassTime is integrating with another technology provider to help buy-here, pay-here dealerships and subprime auto finance companies. This week, PassTime and BlytzPay announced an integration partnership. PassTime — a solutions company that provides ... [Read More]

ANALYSIS: Worried about your exposure due to extending credit in subprime?

strategy picture
Jim Bass, Center Street Finance
A large percentage of independent buy-here, pay-here dealerships are primarily funded by a line of credit from a bank. For the most part, these arrangements have worked out well for both parties, but there appears to be a growing problem ... [Read More]

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