BHPH Report To Publish Print Edition Beginning In September
Thursday, Jul. 31, 2014, 05:45 PM
BHPH Report Staff
The early success of BHPH Report is prompting Cherokee Media Group to begin offering a print version of the new magazine dedicated to providing news and information about the buy-here, pay-here industry. Launched in January as a collaboration between SubPrime ... [Read More]
Daughtry: Step-By-Step Guide To Adding More Lots
Thursday, Jul. 31, 2014, 04:14 PM
Gene Daughtry, PLS Financial
I bet when you first got into buy-here, pay-here and worked to grow your portfolio, you were watching every dollar and paying close attention to details. How many of us learned more from trial and error than other sources available, ... [Read More]
DriveTime Sharpens Strategy, Rises To Top Of Customer Service Ratings By BBB
Thursday, Jul. 31, 2014, 02:52 PM
Nick Zulovich, Editor
DriveTime Automotive Group contends customer service always has been a hallmark of its business practices, especially since buy-here, pay-here can create such an intimate relationship between a dealer and a purchaser. Now, the Better Business Bureau agrees with DriveTime’s assertions. ... [Read More]
Long: Is Special Finance Taking Your Customers?
Thursday, Jul. 31, 2014, 02:39 PM
Denny Long, Credit Mail Experts
Oh, how the times have changed — especially for the buy-here, pay-here dealer. To compete in this new market, you need to change your methods of marketing and your processes to attract new customers to your dealership. One of the ... [Read More]
PayNearMe Dispels Myths About Underbanked Consumers
Thursday, Jul. 31, 2014, 02:35 PM
Nick Zulovich, Editor
Kunal Kumar makes scores of presentations during large industry conferences as well as during small-group sessions with clients in his role as vice president and general manager of lending and insurance at PayNearMe, an electronic cash-transaction network that enables consumers ... [Read More]
Bankruptcy Filings Fall 12 Percent for First Half of 2014
Thursday, Jul. 31, 2014, 02:13 PM
BHPH Report Staff
The American Bankruptcy Institute reported that total filings during the first six months of 2014 came in 12-percent below the figure registered at the halfway point of last year. According to data provided by Epiq Systems, total bankruptcy filings nationwide ... [Read More]
High School Students Benefit from BHPH Store’s Blimp Donation
Thursday, Jul. 31, 2014, 02:09 PM
BHPH Report Staff
Part of the brand marketing used by Buy Here Pay Here USA includes the tagline, “You can find us under the blimp.” The BHPH operation that already has two lots with a third one to open up later this year ... [Read More]
AutoTrader.com Aims to Improve BHPH Transparency
Thursday, Jul. 31, 2014, 02:03 PM
Nick Zulovich, Editor
Even in today’s competitive marketplace, AutoTrader.com wholeheartedly believes buy-here, pay-here dealers still have the ability to advertise effectively. Brett Kelly contends that operators just have to change their strategies a bit because so many consumers are researching and shopping online. ... [Read More]
BHPH Operators Share Paths to Adding More Locations
Thursday, Jul. 31, 2014, 01:51 PM
Nick Zulovich, Editor
Debating an expansion is a discussion buy-here, pay-here dealers have conducted for decades. A larger lot or more locations could mean more room for inventory and possibly enhanced sales and profits. But broadening the store presence also requires more cash ... [Read More]
SendMeAFriend.com and PassTime Partner to Help BHPH Dealers
Wednesday, Jul. 23, 2014, 07:39 PM
BHPH Report Staff
GPS-based technology provider PassTime and customer referral program SendMeAFriend.com formed a strategic partnership this week. Under the partnership, customers, including buy-here, pay-here dealers, will have access to PassTime’s new 3G device solution — the Elite 3 — as well as ... [Read More]