A Comparison: Newsletters Versus Social Media
Thursday, Jan. 29, 2015, 02:46 PM
Kenny Atcheson, Dealer Profit Pros
If you have struggled to earn a positive return on investment or even calculate an ROI using social media, you are not alone. You can’t deposit likes, shares and followers into the bank. We have crafted and sent tens of ... [Read More]
AutoSoft NET Integrates DRN Data to Enhance BHPH Collections
Wednesday, Jan. 28, 2015, 02:17 PM
BHPH Report Staff
Buy-here, pay-here operators interested in utilizing the capabilities of license plate recognition technology to mitigate losses now have another opportunity if they use the solution offered by AutoSoft NET. On Wednesday morning, Digital Recognition Network (DRN) and AutoSoft NET announced ... [Read More]
AutoStar Solutions Highlights 12 Days of Dealership Compliance
Thursday, Dec. 18, 2014, 02:44 PM
BHPH Report Staff
AutoStar Solutions isn’t trying to dampen the Christmas spirit buy-here, pay-here operators might have, but chief legal officer Steve Levine warned dealers of what he described as a potential “Grinch" — regulators such as the Consumer Financial Protection Bureau, the ... [Read More]
3 Takeaways from Capitol Hill Visit Help NABD Structure Upcoming Conference
Monday, Dec. 15, 2014, 07:52 PM
BHPH Report Staff
Ken Shilson, founder of the National Alliance of Buy-Here, Pay-Here Dealers, joined the leadership of the National Independent Automobile Dealers Association for its annual leadership meetings in Washington, D.C., to help champion positions important to BHPH operators. Shilson left Capitol ... [Read More]
DriveTime Forms Exclusive Inventory Partnership with Manheim
Thursday, Dec. 11, 2014, 03:26 PM
BHPH Report Staff
DriveTime Automotive Group solidified its pipeline of potential inventory to boost its buy-here, pay-here business prospects. A new partnership finalized on Thursday installed Manheim and Go Auto Exchange as DriveTime’s primary source for remarketing wholesale inventory through its physical locations, ... [Read More]
Ask the Hall of Famer: Underwriting and Poor Employees
Thursday, Dec. 4, 2014, 04:08 PM
BHPH Report Staff
Q: What are three things you should accomplish before the end of the year? Julian says… I am going to give you a different approach: What’s one of the things that you need to do every three years? Think about ... [Read More]
Benefits of Structuring Loans with Irregular Payments
Thursday, Dec. 4, 2014, 04:02 PM
Mike Downey and Chip Wiley
A common problem for many dealers is consumers not having enough money to put down on a vehicle. This situation usually results in one of three ways: you accept less, you defer the down payment, or you don’t sell the ... [Read More]
Daughtry: 5 Thoughts as 2014 Quickly Winds Down
Thursday, Dec. 4, 2014, 03:59 PM
Gene Daughtry, PLS Financial
Here we are — the holidays are upon us. As usual, the IRS is warning of a delay in tax refunds. Everyone is stocking up on inventory, hoping for a grand tax season. Customers are not making preparations to deal ... [Read More]
Atcheson: Consider This Marketing Idea to Prepare for a Big 2015
Thursday, Dec. 4, 2014, 03:51 PM
Kenny Atcheson, Dealer Profit Pros
While speaking to a group of business owners at an event, I asked the audience if anyone had an eight-track tape player. One person raised his hand. (If you are too young to know what an eight-track tape is, substitute ... [Read More]
Price: How to Keep Skip-Tracing Skills Sharp in Today’s World
Thursday, Dec. 4, 2014, 03:42 PM
Alex Price, MasterFiles
Since my retirement from active skip-tracing eight years ago, I now have the opportunity to sit back and observe the industry closely. Since I’ve taken on a teaching and training role, reaching a new generation of skip-tracers with MasterFiles, I ... [Read More]