How to reach 4 different kinds of shoppers amid consumer stress & uncertainty
Tuesday, Oct. 22, 2024, 02:51 PM
Veteran industry trio rolls out collections service provider tailored for BHPH
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Experts see hurricanes adding to bankruptcy surge already spotted in Q3
Tuesday, Oct. 8, 2024, 02:13 PM
Opportunity knocks for BHPH in 2017
Tuesday, Dec. 13, 2016, 07:15 PM
Ken Shilson, NABD
As the year closes, it is time to look forward and plan for next year. Recent performance data for the subprime auto finance market indicates that better days are ahead for independent buy-here, pay-here operators who can capitalize on the ... [Read More]
Dealer Profit Pros hosting free webinar looking ahead to 2017
Monday, Dec. 12, 2016, 07:37 PM
BHPH Report Staff
BHPH Report and NCM Associates are set to join a free webinar hosted by Dealer Profit Pros that’s meant to give buy-here, pay-here dealers constructive information to form strategy for 2017 and beyond. The session is scheduled for 1 p.m. ... [Read More]
Bankruptcies on pace for 2nd lowest total since 2005
Thursday, Dec. 8, 2016, 04:49 PM
BHPH Report Staff
The American Bankruptcy Institute reported that total bankruptcy filings in November decreased by double digits year-over-year, reinforcing an anticipation of the second-lowest annual figure in 11 years. According to data provided by Epiq Systems, the total bankruptcy filings of 59,300 ... [Read More]
J.D. Byrider hands out 20 dealer awards
Tuesday, Dec. 6, 2016, 03:28 PM
BHPH Report Staff
Buy-here, pay-here dealership chain J.D. Byrider recognized winners of the company’s annual awards at its November convention in Scottsdale, Ariz. The Franchise of the Year winners were chosen in three categories: Single (one location), Mid (two to three locations) and ... [Read More]
5 ways to see if your BHPH portfolio is maximizing returns
Thursday, Dec. 1, 2016, 07:18 PM
Ken Shilson, Subprime Analytics
As another year closes, buy-here, pay-here operators must focus on how to make next year better. The answers can’t be found in their year-end financial statements or even by reviewing unit sales numbers. This article will discuss what every operator ... [Read More]
NIADA hosting first BHPH Summit
Tuesday, Nov. 29, 2016, 04:11 PM
BHPH Report Staff
There is still time for buy-here, pay-here operators — especially ones who can easily travel to Dallas — to register for the training sessions the National Independent Automobile Dealers Association is organizing for its first BHPH Summit. The event is ... [Read More]
It’s unanimous: Attendees rave about NABD’s fall conference
Tuesday, Nov. 22, 2016, 08:45 PM
BHPH Report Staff
From Kansas to Georgia to across the Atlantic Ocean over to England, attendees evidently received what they wanted when the National Alliance of Buy-Here, Pay-Here Dealers hosted its Best Practices Conference in Orlando, Fla., at the beginning of this month. ... [Read More]
AuctionACCESS adds Vehicle Acceptance to floor-plan platform
Tuesday, Nov. 8, 2016, 08:12 PM
BHPH Report Staff
AutoTec announced on Tuesday that Vehicle Acceptance Corp. (VAC) is now integrated with the AuctionACCESS floor plan platform. This integration will enable VAC to automate the transmission of updated credit availability and flooring request messages at AuctionACCESS subscribing auctions. VAC ... [Read More]
PassTime unveils LTE Category 1 Device on the Verizon Wireless network
Thursday, Nov. 3, 2016, 02:34 AM
BHPH Report Staff
PassTime recently launched what the wireless GPS telematics products provider called Elite 5, an LTE Category 1-based telematics device serving consumer, dealership, fleet and specialized finance company markets. The company highlighted The Elite 5 is the first LTE Category 1-based ... [Read More]
Answer Financial & Verifacto partner to help BHPH customers retain vehicle insurance
Thursday, Oct. 27, 2016, 02:38 PM
BHPH Report Staff
Answer Financial formed a partnership with Verifacto this week in an effort to help buy-here, pay-here dealers monitor whether their contract holders are keeping vehicle insurance policies current. The companies highlighted Verifacto’s technology is designed to improve the way lienholders ... [Read More]