AutoStar Rolls Out New DMS, Partners with Spireon
Monday, Sep. 8, 2014, 06:23 PM
BHPH Report Staff
Along with forging a new strategic partnership with Spireon, software provider AutoStar Solutions highlighted details behind Fusion 2, a new generation of dealer management system (DMS) for buy-here, pay-here dealerships, independent stores and auto finance companies. The company highlighted Fusion ... [Read More]
Jabaay: Just A Reminder That Pictures Are The Key To Selling Cars
Thursday, Aug. 21, 2014, 07:37 PM
Jim Jabaay, LotVantage
Back when the Internet was still young and the automotive industry had not fully embraced it, those dealers who were utilizing it to expose their inventory online were still having trouble with images. Some cars had them. Others did not. ... [Read More]
Daughtry: BHPH Operators Should Avoid The Private Island
Thursday, Aug. 21, 2014, 07:18 PM
Gene Daughtry, PLS Financial
Not so long ago, and not too far away, one of my past managers started working for a dealer I know. We were discussing the state of the dealer’s current business, and the conversation went to 20 Groups. This dealer, ... [Read More]
Byrd: Making A Plan To Win Even When Major Customer Events Happen
Thursday, Aug. 21, 2014, 07:06 PM
Tim Byrd, Tim Byrd & Associates
Everyday battles. Sales waning. Cars breaking down. Lapsed insurance. Repos. Low working capital. Do you feel like you’re losing? Every day in buy-here, pay-here operations across this great country, dealers are asking similar questions: —Where do I go from here? ... [Read More]
Annual Bankruptcies on Pace for Lowest Figure in 7 Years
Thursday, Aug. 21, 2014, 06:52 PM
BHPH Report Staff
The year-over-year decline in bankruptcies recorded in July is leaving the American Bankruptcy Institute thinking that this year’s total could end up being the lowest figure in seven years. According to data provided by Epiq Systems, ABI indicated total bankruptcy ... [Read More]
NABD Welcomes Largest BHPH Boot Camp Crowd Ever
Thursday, Aug. 21, 2014, 06:50 PM
BHPH Report Staff
The largest contingent ever attended the most recent BHPH Boot Camp hosted by the National Alliance of Buy-Here, Pay-Here Dealers at the site of iCars, Ingram Walters’ dealership in Monroe, N.C. A total of 27 attendees from 15 different dealerships ... [Read More]
3 Areas to Help BHPH Operators Ease the Pain Of IRS Audits
Thursday, Aug. 21, 2014, 06:40 PM
Nick Zulovich, Editor
It’s one of the most stress creating notices anyone can receive. The Internal Revenue Service wants to conduct an audit. And for buy-here, pay-here operators, the complexities of explaining how their businesses function to a federal regulator who might not ... [Read More]
8 Tips to Help BHPH Dealers Stay Off CFPB Radar
Monday, Aug. 18, 2014, 06:33 PM
BHPH Report Staff
Rick Hackett shared eight specific steps buy-here, pay-here dealers can take to stay off of the radar of government regulators. Hackett acknowledged no surefire way exists for operators to protect themselves completely from a regulator who can decide what a ... [Read More]
Go Auto Exchange Adds 4th Location
Wednesday, Aug. 6, 2014, 04:56 PM
BHPH Report Staff
Go Auto Exchange — the joint auction venture between Manheim and DriveTime — is revving up its expansion plans with its fourth location set to open this week. Officials indicated the new location featuring inventory tailored for buy-here, pay-here dealerships is ... [Read More]
BHPH Report Launches New Free Training Webinars
Tuesday, Aug. 5, 2014, 07:51 PM
BHPH Report Staff
Along with the move to begin printing the magazine, BHPH Report is also rolling out free online training for buy-here, pay-here dealers. The first installment in the publication’s Buy-Here, Pay-Here Webinar Series is set to include experts from FEX DMS, ... [Read More]