DealerSocket Buys AutoStar Solutions
Tuesday, May. 5, 2015, 05:14 PM
BHPH Report staff
DealerSocket announced this afternoon it has bought AutoStar Solutions, a popular dealer management system for buy-here, pay-here and used-car dealers. This news comes after AutoStar Solutions first announced at the end of December that its AutoStar Fusion dealer management system ... [Read More]
70% of Autotrader BHPH Shoppers Use Mobile
Tuesday, May. 5, 2015, 02:35 PM
Nick Zulovich, Editor
Autotrader discovered 70 percent of the consumer traffic arriving at its Buy-Here, Pay-Here Center came through mobile devices. That figure, along with many enhancements Autotrader has made to the platform designed specifically for BHPH operators, will be on the agenda ... [Read More]
AutoStar Taps KISS Concepts Group to Promote Latest Software Package
Friday, May. 1, 2015, 01:35 PM
BHPH Report Staff
A well-established service provider in the buy-here, pay-here market formed a new strategic alliance with a start-up consulting agency with the aim of helping operators nationwide. Dealership software provider AutoStar Solutions forged a relationship this week with KISS Concepts Group ... [Read More]
NIADA’s Effort to Stop Oregon Bill Succeeds
Tuesday, Apr. 14, 2015, 01:22 PM
BHPH Report Staff
The concentrated effort by the National Independent Automobile Dealers Association and its allies in Oregon paid immediate dividends. Less than a week after NIADA shared an update about a proposal in the Oregon legislature aimed at placing severe restrictions on ... [Read More]
Q1 Bankruptcy Filings Fall 15%
Monday, Apr. 13, 2015, 07:12 PM
BHPH Report Staff
While also giving a projection of how many total filings there might be this year, the American Bankruptcy Institute reported total U.S. bankruptcy filings fell 15 percent in the first quarter compared to the same span last year. According to ... [Read More]
Oregon Bill Aims to Add 8 Requirements of BHPH Dealers
Wednesday, Apr. 8, 2015, 01:31 PM
BHPH Report Staff
The National Independent Automobile Dealers Association is organizing its own resources along with colleagues from Oregon’s independent dealer association in an effort to prevent a bill from becoming law in the Beaver State that could radically alter how buy-here, pay-here ... [Read More]
Industry Veteran Establishes Service Agency with Footprint Already Covering 12 States
Tuesday, Apr. 7, 2015, 07:39 PM
BHPH Report Staff
A name familiar to the automotive industry, especially the buy-here, pay-here segment, resurfaced this week as Rod Heasley established a consulting agency to service independent agents specializing in both prime and subprime financing. Heasley, who has 37 years of industry ... [Read More]
Big Apple Regulator Out to Halt ‘Predatory’ Auto Loans
Wednesday, Apr. 1, 2015, 06:17 PM
BHPH Report Staff
The New York City Department of Consumer Affairs didn’t come right out and say its new initiative is targeted against the plight of buy-here, pay-here dealers in the Big Apple, but the regulator’s descriptive words such as “predatory” in explaining ... [Read More]
Wayne Reaves Enhances BHPH Platform with CarStory Integration
Wednesday, Mar. 25, 2015, 06:43 PM
BHPH Report Staff
Buy-here, pay-here dealers who use Wayne Reaves software now can take advantage of what is offered by CarStory, a provider of crowdsourced data and analytics on used-vehicle pricing and preferences. This week, Wayne Reaves integrated CarStory Market Reports into its ... [Read More]
February Bankruptcy Filings Soften by 13%
Wednesday, Mar. 18, 2015, 03:49 PM
BHPH Report Staff
Buy-here, pay-here dealers might be seeing a smaller pool of potential customers who just filed for bankruptcy. The American Bankruptcy Institute cited data provided by Epiq Systems that showed total U.S. bankruptcy filings decreased 13 percent in February from the ... [Read More]