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SPONSORED EPISODE: Rethinking vehicle-protection plans for today’s wide inventory mix with GWC Warranty
Used-car inventory on dealer lots nowadays can range from older, higher-mileage vehicles to EVs, lifted trucks, and modified vehicles. The result is dealers are also having to change the vehicle-protection conversations with customers. In this special sponsored episode of the ... Listen Here
Recapping credit scores & other trends in auto finance with Shams Blanc of FICO
Shams Blanc, head of auto scores at FICO, made another appearance on the Auto Remarketing Podcast to elaborate more about the fall edition of the FICO Score Credit Insights report. Along with recapping what’s going on in auto finance, Blanc ... Listen Here
SPONSORED EPISODE: Greenville Auto Auction Celebrates 16 Years—A look back and a look ahead
On this sponsored episode of the Auto Remarketing Podcast, Bill Zadeits visits with Billy Willis and Kevin Stallings of Greenville Auto Auction. The auction celebrates 16 years in early September, and the guys talk about the history of the sale, ... Listen Here

Bankruptcies on pace for 2nd lowest total since 2005

bankruptcy
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

Award
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

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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

business meeting silhouette
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

more training
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

digital integration
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

cell phone tower
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

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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]

Dealer Assist Now becomes NIADA National Member Benefit Partner

business handshake
BHPH Report Staff
Dealer Assist Now recently joined with the National Independent Automobile Dealers Association as its latest National Member Benefit partner, offering handwritten custom vehicle comments to the association’s independent and NIADA Certified Pre-Owned dealers. NIADA members who sign up for Dealer ... [Read More]

2 major developments since last NABD conference

news update 1
Nick Zulovich, Senior Editor
It was just a little more than four months ago that the National Alliance of Buy-Here, Pay-Here Dealers hosted its annual convention in Las Vegas. However, Ken Shilson emphasized that two significant developments have happened since NABD gathered ahead of ... [Read More]

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