May Bankruptcy Filings Drop by Double Digits
Thursday, Jun. 5, 2014, 04:04 PM
BHPH Report Staff
Continuing an overall trend described by American Bankruptcy Institute leadership as a “nose dive,” total bankruptcy filings in May in the United States decreased 11 percent year-over-year. According to data provided by Epiq Systems, bankruptcy filings totaled 85,664 in May, ... [Read More]
Finance Express Launches Shop Management Integration to Boost DMS
Thursday, May. 22, 2014, 07:05 AM
BHPH Report Staff
As a part of the company’s presence at the National Alliance of Buy-Here, Pay-Here Dealers National Conference this week, dealer management software solutions provider Finance Express introduced FEX SM. Executives described the solution as an exciting shop management platform that ... [Read More]
Spireon Now Offers 99.9-Percent Performance Guarantee
Wednesday, May. 21, 2014, 05:37 AM
BHPH Report Staff
Along with enhanced telematics capabilities on the Sprint CDMA wireless network, Spireon opened the National Alliance of Buy-Here, Pay-Here Dealers National Conference on Tuesday by making a guarantee that the company believes is first in the GPS tracking provider space. ... [Read More]
NC Operation Requests Permission Before Releasing Payoff Amounts
Tuesday, May. 20, 2014, 05:34 AM
Nick Zulovich, Editor
It’s not yet a compliance mandate issued by a state or federal regulator, but EZWay Auto Sales doesn’t immediately release the payoff amount left on a contract when a customer chooses to trade and make a purchase at another store. ... [Read More]
PassTime, Hudson Cook To Offer Free Seminar During NABD Events
Tuesday, May. 20, 2014, 04:47 AM
Nick Zulovich, Editor
Maintaining the collection of regular payments is one of the most important segments of the buy-here, pay-here business. Officials from PassTime and Hudson Cook want BHPH operators to consider two questions when they're evaluating technology to enhance their collection efforts. ... [Read More]
New AutoTrader.com BHPH Buyer Study Sheds More Light On Typical Customer Profile
Tuesday, May. 20, 2014, 04:43 AM
BHPH Report Staff
The National Alliance of Buy-Here, Pay-Here Dealers and AutoTrader.com teamed up to conduct a groundbreaking study to define the consumer profile of the average BHPH customer and to understand the unique shopping needs of this customer segment. The two-part study ... [Read More]
Common Sense Marketing Aims Directly At BHPH Customers
Tuesday, May. 20, 2014, 04:39 AM
Denny Long, Credit Mail Experts
You must understand your audience in order to do a great job at marketing your product. If you sell pizza, understanding and targeting your market is pretty easy. Statistics show that 93 percent of Americans eat pizza at least once ... [Read More]
I See You’re Back in Vegas … Why?
Tuesday, May. 20, 2014, 04:29 AM
Gene Daughtry, PLS Financial
Why did you come to Vegas this year? Yes, there is a conference for our industry, and all the major players are here. Many of the best buy-here, pay-here dealers, and other operators who want to be the best, are ... [Read More]
Tips On When To Upgrade To A Better Employee
Tuesday, May. 20, 2014, 04:25 AM
Don Jasensky, Automotive Personnel
A decision that every leader has to make is when to upgrade to a better employee. This is always a difficult decision because it means that an employee will likely be terminated or demoted. However, a leader has to see ... [Read More]
AutoTrader.com Unveils Details Of BHPH Center
Tuesday, May. 20, 2014, 04:20 AM
Nick Zulovich, Editor
AutoTrader.com executive vice president and chief operating officer Alan Smith boiled down the site's primary objective as being the online catalyst to bring vehicle shoppers and dealers together. The company is sharpening that strategy to cater to the buy-here, pay-here ... [Read More]