Car-Mart Opens Newest BHPH Store in Kentucky
Wednesday, Oct. 9, 2013, 12:00 AM
Nick Zulovich
BENTONVILLE, Ark. — America's Car-Mart continued its aggressive growth strategy by adding another dealership to its buy-here, pay-here network last week. The 129th dealership in its network is located in Richmond, Ky., raising Car-Mart's presence in the Blue Grass State ... [Read More]
NADA UCG Discusses Impact Readily Available Financing Plays in Current Sales Environment
Monday, Oct. 7, 2013, 12:00 AM
Nick Zulovich
McLEAN, Va. — Larry Dixon, senior manager of market intelligence at NADA Used Car Guide, recently took a deep look at how much the access to vehicle financing has played a significant part in "helping to grease the skids for ... [Read More]
Daughtry: Where Have All the Buy-Here, Pay-Here Customers Gone?
Monday, Oct. 7, 2013, 12:00 AM
Nick Zulovich
Normal 0 false false false EN-US X-NONE X-NONE OVERLAND PARK, Kan. — I ask a different question. Where did all the customers come from that are buying right now? Have all these customers been waiting for financing to come back ... [Read More]
ABI: Bankruptcy Filings Drop by Double Digits Through 3 Quarters of 2013
Monday, Oct. 7, 2013, 12:00 AM
Nick Zulovich
ALEXANDRIA, Va. — The American Bankruptcy Institute highlighted that filings dropped 13 percent through the first three quarters of this year compared to the same time span a year ago. According to data provided by Epiq Systems, total bankruptcy filings ... [Read More]
Automotive Compliance Consultants Ramps up Training for Hispanic Employees
Monday, Oct. 7, 2013, 12:00 AM
Nick Zulovich
CRYSTAL LAKE, Ill. — Given what the firm believes is an increased focus on dealerships by the Occupational Safety and Health Administration, Automotive Compliance Consultants recently rolled out more tools for dealer principals and their service managers so proper compliance ... [Read More]
POADA to Host 700Credit for Free Compliance Webinar
Friday, Oct. 4, 2013, 12:00 AM
Nick Zulovich
CARY, N.C. — POADA is hosting 700Credit, a provider of credit reporting and compliance products and services, for a free Market Intelligence Webinar titled, "Compliance Questions Answered." Kenneth Hill, managing director of 700Credit, will be the presenter during the webinar ... [Read More]
CarFinance.com: 6 Top Tips for Buying a Car with Less-than-Prime Credit
Friday, Oct. 4, 2013, 12:00 AM
Nick Zulovich
IRVINE, Calif. — For dealers who are trying to bring in subprime buyers who are better prepared to make a purchase, CarFinance.com released its 2013 Top Tips for Buying a Car with Less-than-Prime Credit. For buyers with less-than-prime credit, site ... [Read More]
Spireon Begins GoldStar GPS Integration with Frazer DMS
Friday, Oct. 4, 2013, 12:00 AM
Nick Zulovich
IRVINE, Calif. — Spireon, the provider of the GoldStar GPS solution as well as other mobile resource management and business intelligence tools, completed an initial phase of the integration with Frazer's Dealer Management System. The companies highlighted that joint customers ... [Read More]
CPS Announces $205 Million Senior Subordinate Asset-Backed Securitization
Friday, Oct. 4, 2013, 12:00 AM
Nick Zulovich
IRVINE, Calif. — Earlier this week, Consumer Portfolio Services marked the closing of its third term securitization of the year. The transaction is CPS' 10th senior subordinate securitization since the beginning of 2011. In the transaction, qualified institutional buyers purchased ... [Read More]
AFS Acceptance Promotes Seagrave to President
Wednesday, Oct. 2, 2013, 12:00 AM
Nick Zulovich
FORT LAUDERDALE, Fla. — In just two years, Scot Seagrave has navigated his way to be president of AFS Acceptance. The company promoted Seagrave — one of the speakers at the inaugural SubPrime Forum next month — citing his effectiveness ... [Read More]