4 questions with Ace Christian of Arizona IADA
Thursday, Jan. 19, 2017, 08:15 PM
BHPH Report Staff
In the latest installment of the annual Best of BHPH issue of BHPH Report, we go behind the scenes with some of the leading companies in the used-car space and their top executives with a few Q&A features. Next up ... [Read More]
Rhoads relocates & rebrands BHPH consulting operation
Tuesday, Jan. 17, 2017, 08:01 PM
BHPH Report Staff
Jim Rhoads not only relocated to a new state; he also is rebranding his buy-here, pay-here consulting operation. Late last year, Rhoads moved from Sherman, Texas to Sandy, Utah. Operating since 2005 as Four R Consulting, Rhoads announced that his ... [Read More]
Annual bankruptcy filings dip for 7th straight year
Tuesday, Jan. 10, 2017, 05:00 PM
BHPH Report Staff
A potential source of buy-here, pay-here customers — the annual figure of consumers filing for bankruptcy — dropped for the seventh year in a row. But that well of vehicle buyers who potentially have little choice but to use a ... [Read More]
NIADA Foundation gives $25K to start endowment at UT Arlington
Thursday, Jan. 5, 2017, 07:58 PM
BHPH Report Staff
The NIADA Foundation, which for years has invested in education through its scholarship program, is taking that investment to another level, according to an announcement from the National Independent Automobile Dealers Association. Officials said on Thursday that the foundation’s board ... [Read More]
Braeger Financial Group unveils dealer note program with 4 different maturities
Thursday, Dec. 15, 2016, 03:00 PM
BHPH Report Staff
Three years after leaving the investment banking world to form Braeger Financial Group with the objective of bringing individual accredited investors directly into auto finance, David Braeger recently rolled out his latest financing products to help buy-here, pay-here and independent ... [Read More]
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]
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