Bankruptcy filings at year’s midpoint down 6%
Thursday, Jul. 7, 2016, 07:27 PM
BHPH Report Staff
Bankruptcy figures from the first half of the year that might impact buy-here, pay-here dealers the most showed a notable year-over-year decline in the amount of consumers who might arrive at stores having filed since January. According to data provided ... [Read More]
Wayne Reaves Software finalizes integration with F&I Express
Tuesday, Jul. 5, 2016, 03:53 PM
BHPH Report Staff
A little more than a month after Wayne Reaves Software rolled out an enhancement to its current platform that can provide the capability for buy-here, pay-here dealers to furnish credit data to Equifax, the DMS provider completed an integration with ... [Read More]
With record attedance, 91.5% of NIADA Convention goers satisfied
Thursday, Jun. 30, 2016, 07:27 PM
BHPH Report Staff
Before the 2016 NIADA Convention and Expo had begun, it was already a record-breaker. Now that the final numbers are in, the extent by which that record was broken is clear – and the National Independent Automobile Dealers Association says ... [Read More]
DealerSocket integrates with ProPay to expand payment processing options
Tuesday, Jun. 28, 2016, 04:06 PM
BHPH Report Staff
DealerSocket’s FEX DMS has added to independent dealers’ payment processing options by fully integrating with ProPay’s LenderPay platform, a credit processing platform for complete, end-to-end payment solutions that are designed to be simple, secure and affordable. The company highlighted this ... [Read More]
May commercial bankruptcies jump 32%
Thursday, Jun. 16, 2016, 06:58 PM
BHPH Report Staff
While the overall figure decreased on both a sequential and annual basis, the American Bankruptcy Institute attempted to find the source as to why total U.S. commercial bankruptcy filings spiked 32 percent year-over-year in May. According to data provided by ... [Read More]
NIADA survey: 34% to increase workforce as sales expectations dip
Wednesday, Jun. 15, 2016, 06:58 PM
Nick Zulovich, Senior Editor
Of the more than 150 independent dealerships included in Equifax’s latest edition of the National Independent Automobile Dealers Association Business Confidence Survey, a total of 34 percent indicated an anticipation of adding personnel within the next year, even though the ... [Read More]
J.D. Byrider welcomes new franchisee in Denver
Tuesday, Jun. 14, 2016, 06:39 PM
BHPH Report Staff
J.D. Byrider recently expanded its buy-here, pay-here dealership footprint in Colorado by bringing a new franchisee in the process. The newest J.D. Byrider dealership is in Denver. It's the second store in Colorado but the first one for franchisee Rick Steenbock. ... [Read More]
QuotePro joins NIADA National Member Benefit Partner lineup
Friday, Jun. 10, 2016, 01:18 PM
BHPH Report Staff
On Friday, QuotePro joined with the National Independent Automobile Dealers Association as its latest National Member Benefit Partner, offering cash-accepting payment kiosks to the association’s growing buy-here, pay-here dealer base. QuotePro’s payment kiosks can eliminate the overhead and risks associated ... [Read More]
PassTime and Verifacto finalize integration partnership
Wednesday, Jun. 8, 2016, 07:08 PM
BHPH Report Staff
GPS-based technology provider PassTime announced that it completed a software integration project with Verifacto, a cloud-powered risk management system for independent and buy-here, pay-here dealers as well as other auto finance companies. Customers utilizing both Verifacto software and PassTime GPS ... [Read More]
DriveTime’s Sauder joins NABD Hall of Fame
Tuesday, Jun. 7, 2016, 07:18 PM
Nick Zulovich, Senior Editor
Mark Sauder's reaction when Ken Shilson approached him about becoming the newest member of the NABD Hall of Fame might have come straight from a script you’ve heard on countless TV shows or movies as the police are interrogating someone. Sauder ... [Read More]