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SPONSORED EPISODE: The Buy Online Shift & What Dealers Need to Know Now
In this sponsored episode of the Auto Remarketing Podcast, Cox Automotive’s Jeri Reichel joins us to speak to the evolving Buy Online experience. She shares more about how shopper expectations are changing and what dealers should understand and do as ... Listen Here
The Spark Between EVs & CPO
In light of electric vehicle maker VinFast launching a certified pre-owned program in the U.S., Auto Remarketing senior editor Joe Overby connects with leaders from the EV space to discuss why the segment is a natural fit for CPO and ... Listen Here
Vincenzo Ciampi of iA Financial Group
Next up on the Canada’s Used Car Week Live Stage is Vincenzo Ciampi . who is senior vice president, of auto finance and dealer services for Canada at iA Financial Group. Ciampi talks with Cherokee Media Group’s Joe Overby about ... Listen Here

Latest winners in NIADA Membership Drive Challenge

Award
BHPH Report Staff
Along with highlighting its latest Bronze-level National Corporate Partner, the National Independent Automobile Dealers Association described how Dennis Pope of People's Financial Corp. in Mableton, Ga., “carried the ball across the goal line” to claim the top prize in the ... [Read More]

Tax refunds $1.3B behind last year’s pace

hand with 50s
BHPH Report Staff
Cox Automotive chief economist Tom Webb playfully pointed out via social media how much tax refunds are down year-to-date, according to the latest update from the Internal Revenue Service. The IRS indicated that the agency has processed 65,441,000 refunds through ... [Read More]

NABD offering free preview of conference during webinar

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BHPH Report Staff
Ken Shilson, president and founder of the National Alliance of Buy-Here, Pay-Here Dealers is giving operators a free preview of some of the data, information and recommendations that will be highlighted during the organization’s National BHPH Conference that’s set for ... [Read More]

9 operator benefits of SDS capital offering

money car
BHPH Report Staff
Strategic Dealer Services (SDS) understands that since large amounts of buy-here, pay-here dealers’ capital are tied up in the sold vehicles out on the street, operators are continuously searching for new programs and products designed to help them manage the consistent ... [Read More]

Manheim dissects what $5,000 buys at auction nowadays

row of cars 2
Nick Zulovich, Senior Editor
A segment of Manheim’s 2016 Used Car Market Report asked a question most buy-here, pay-here operators consider when they scour the lanes or online platforms to find inventory not only that will turn but will last for the duration of ... [Read More]

February dip in bankruptcies in line with annual forecast

bankruptcy
BHPH Report Staff
Still reinforcing a projection that bankruptcy filings would could to decrease this year, the American Bankruptcy Institute reported that total U.S. bankruptcy filings dipped just 1 percent in February compared to the same period last year. According to data provided ... [Read More]

PassTime prevails in patent validity challenge

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BHPH Report Staff
PassTime recently announced that the United States Patent and Trademark Office invalidated the entirety of a patent owned by LunarEye that was the subject of a patent lawsuit claiming infringement by certain PassTime products. The patent, No. 6,484,035, had claimed ... [Read More]

Ace Motor Acceptance expands into Texas and Mississippi

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BHPH Report Staff
Buy-here, pay-here dealership capital provider Ace Motor Acceptance Corp. recently announced the expansion of its footprint of where the company provides services. Ace Motor Acceptance now can work with operators in Texas and Mississippi. After experiencing growth of more than 50 ... [Read More]

7 key drivers for success during tax refund season

Tax refund stock image
Mark Dubois, Dealer Performance and Consulting
By the time this article is published, buy-here, pay-here dealers will be well into the 2016 tax refund season. The good news is that tax refund advances are back for the first time since 2012.  The bad news is that refunds ... [Read More]

4 ways to navigate tough road to BHPH success

Iowa highway
Ken Shilson, NABD
Operating successfully in the buy-here, pay-here industry has become more challenging due to increased regulatory pressures and competition. Independent BHPH dealers have lost approximately 33 percent of their market share during the last 24 months, and best operating practices are ... [Read More]

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