Car-Mart expands via acquisition, reports fiscal Q2 performance
Tuesday, Dec. 5, 2023, 11:31 AM
BHPH Report Staff
Just before revealing financial results from the second quarter of its 2024 fiscal year, America’s Car-Mart entered into a definitive agreement to purchase the ongoing dealership assets of Allied Union Group, an Arkansas corporation doing business as Central Auto Sales. ... [Read More]
Clearsurance.com research uncovers cheapest insurance options
Thursday, Nov. 30, 2023, 10:17 AM
BHPH Report Staff
Buy-here, pay-here dealers often want to know two pieces of information about customers in their portfolio. Are they current on their monthly payments, and do they have valid car insurance? If your dealership customers need to find a more affordable ... [Read More]
PODCAST: More road adventures & dealer anecdotes with Gene Daughtry
Wednesday, Nov. 22, 2023, 10:34 AM
BHPH Report Staff
This year’s travels for dealer road warrior Gene Daughtry took him to Used Car Week, and the senior consultant for Auto Master Systems made another visit for the Auto Remarketing Podcast. Daughtry shared more anecdotes from his conversations with dealerships ... [Read More]
COMMENTARY: Thanksgiving reflection & being grateful for wise choices
Tuesday, Nov. 21, 2023, 11:03 AM
Richard Hudson, Ignite Consulting Partners
In our industry, we encounter situations like repos and collections calls that can bring us more heartburn than a turkey dinner. With Thanksgiving just around the corner, we thought it would be good to approach this week’s topic with reflection ... [Read More]
PassTime releases next generation Encore GPS device
Tuesday, Nov. 21, 2023, 10:30 AM
BHPH Report Staff
This week, PassTime announced the launch of Encore 4, the newest version of the asset tracking solutions provider’s Encore platform. Now on its fourth generation, PassTime said Encore 4 marks one of the most substantial updates to the platform since ... [Read More]
BHPH United welcomes Auto Master Systems as newest partner
Thursday, Nov. 16, 2023, 07:48 AM
BHPH Report Staff
Last week, BHPH United reinforced its stable of partners. The national organization dedicated to providing education and training of buy-here, pay-here dealers added Auto Master Systems (AMS) as a new partner. AMS comes as a replacement for Berkshire Risk Services, ... [Read More]
PODCAST: Tax Max president and chief executive officer Bill Neylan
Tuesday, Nov. 14, 2023, 11:11 AM
BHPH Report Staff
Thanksgiving might be about a week away. But instead of turkey and all the trimmings, Tax Max president and chief executive officer Bill Neylan is already thinking about how refunds can set the table for a tasty way for independent ... [Read More]
Bankruptcy filing increases reach 15 consecutive months
Thursday, Nov. 2, 2023, 11:48 AM
BHPH Report Staff
What some experts might consider to be what the federal government has given and taken away during the past three years is manifesting itself significantly in the bankruptcy space. Epiq Bankruptcy and the American Bankruptcy Institute (ABI) spotted six double-digit ... [Read More]
Accelerated Solutions Group unveils solution to stop catalytic converter theft
Tuesday, Oct. 31, 2023, 10:34 AM
BHPH Report Staff
Catalytic converter theft is an issue that impacts many dealerships; independent and buy-here, pay-here operators in particular. To help stores keep their vehicles in inventory with all their necessary parts, Accelerated Solutions Group on Tuesday announced deployment of its patent-pending ... [Read More]
Car-Mart’s ‘Hank’ Henderson passes away
Tuesday, Oct. 17, 2023, 01:24 PM
BHPH Report Staff
America’s Car-Mart announced on Monday that William “Hank” Henderson — whose time with the buy-here, pay-here operation dated back to 1987 — passed away unexpectedly on Saturday. Rising up the company ranks, Henderson served as Car-Mart’s chief executive officer from ... [Read More]