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This Month's Focus

Turbocharged Finance
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Arvest Bank sees early successes with FICO Auto Score 10
Arvest Bank — a regional, full-service lender with more than 200 locations throughout Arkansas, Oklahoma, Kansas and Missouri — recently upgraded to FICO Auto Score 10 in a move to give the institution a more precise view of borrower risk ... Read More
dealership employee COMMENTARY: The secret to accelerating funding in indirect auto lending
In the early 2000s, I sat at a dealership finance desk with a calculator, a stack of pay stubs, and a phone that wouldn’t stop ringing. I gathered stips by hand, calculated income line by line, and verified insurance, hoping ... Read More
Mercedes-Benz USA approves NETSOL as a digital retail provider for its dealerships
NETSOL Technologies recently highlighted Mercedes-Benz USA has approved NETSOL as a digital retail provider for Mercedes-Benz dealerships. This move opens the brand’s dealer network to Transcend Retail, NETSOL’s digital retail platform. The platform gives buyers a single, continuous purchase experience, ... Read More
SPONSORED EPISODE: Prospects for more auto refinancing with Gravity Lending
In this special sponsored episode of the Auto Remarketing Podcast brought to you by Allied Solutions, we turn our attention to auto refinancing. Brad Paxman oversees 90 lender relationships for Gravity Lending, which is an auto refinance and fintech company ... Listen Here
Used Car Week Hall of Fame: Bob McConkey of McConkey Auction Group
Next up on our series featuring the 2026 Used Car Week Hall of Fame honorees is a conversation with Bob McConkey, president and CEO of the McConkey Auction Group. McConkey, along with MAG chief operating officer David Pendergraft and DAA ... Listen Here
SPONSORED EPISODE: What independent dealers need to be successful with Chris Vangellow of Frazer
In this special sponsored episode of the Auto Remarketing Podcast, Chris Vangellow, who is the Director of Product Management at Frazer, described what’s changed most about running an independent dealership over the past few years, especially from a technology perspective. ... Listen Here

7 guarantees for upcoming NABD conference — or your money back

money back guarantee
BHPH Report Staff
Ken Shilson is giving operators an offer perhaps most of their customers might want — a money-back guarantee. To reinforce what the National Alliance of Buy-Here, Pay-Here Dealers is orchestrating for its upcoming East Coast Conference, Shilson indicated this week ... [Read More]

4 options to wind down BHPH business

shutterstock_162848774
BHPH Report Staff
Continuing a series about creating a strategy either to retire or at least depart from the business, Julian Codding — a member of the National Alliance of Buy-Here, Pay-Here Dealers Hall of Fame — pinpointed four main options BHPH operators ... [Read More]

Equifax offering free webinar to help BHPH dealers with tradeline reporting

training
BHPH Report Staff
For operators who still have questions about credit reporting of customer payments and more, Equifax, in collaboration with the National Independent Automobile Dealers Association and the National Alliance of Buy-Here, Pay-Here Dealers, is hosting a free webinar in support of ... [Read More]

Car-Mart, J.D. Byrider open new stores

open for business
BHPH Report Staff
Two of the largest buy-here, pay-here dealership chains — America’s Car-Mart and J.D. Byrider — recently opened new stores, each one expanding their footprints in the Southeast. Longtime franchisees Steve and Jeanne Locklear recently rolled out their fourth dealership, broadening ... [Read More]

Technology updates from PassTime & Frazer

hands typing on keyboard
BHPH Report Staff
Two major service providers for buy-here, pay-here dealers — PassTime and Frazer — each finalized enhancements to their technological offerings. First at PassTime, the company introduced the fourth version of its popular GPS tracking system TRAX 4, which boasts an ... [Read More]

2 people to include if considering exit from BHPH

succession plan
BHPH Report Staff
Julian Codding, a member of the National Alliance of Buy-Here, Pay-Here Dealers Hall of Fame, recently decided to retire from a full-time commitment to his BHPH dealership, closing the lot and waiting for the remaining contracts to reach their terms. ... [Read More]

FTC penalizes Texas BHPH operation over credit reporting

tricolor auto pic for BHPH
Nick Zulovich, Editor
Reporting consumer performance to a credit bureau certainly can boost a buy-here, pay-here dealership’s offerings to its customer base. But when the process isn’t completed properly, the mistakes can catch the attention of federal regulators, which happened to Texas-based Tricolor ... [Read More]

FTC: 7 deadly ad sins some BHPH dealers commit

car lot 2
BHPH Report Staff
Operators now have a clear guide on how to avoid getting into trouble with the Federal Trade Commission. Cindy Liebes, director of the FTC’s Southeast region, shared what she deemed to be the “seven deadly advertising sins” buy-here, pay-here dealers ... [Read More]

Commercial Chapter 11 bankruptcies rise for 2nd straight month

bankruptcy
BHPH Report Staff
Although total commercial Chapter 11 filings moved higher for the second month in a row, the American Bankruptcy Institute didn’t waffle from maintaining its projection of what the overall consumer and business filing total should be for the year. According ... [Read More]

7 leading legal minds to highlight NABD East Coast Conference

nabd conference hotel for BHPH
BHPH Report Staff
The National Alliance of Buy-Here, Pay-Here Dealers is bringing together seven of the most experienced, knowledgeable legal experts who have several decades of collective experience in the auto regulatory world for the 12th annual NABD East Coast Conference. The conference ... [Read More]

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