How award-winning Car-Mart GM defines & executes mentorship
Tuesday, Apr. 29, 2025, 02:07 PM
BHPH Report Staff
Jesse Robb began to work with America’s Car-Mart at 21 and soon sought a mentor to cultivate his potential path with the buy-here, pay-here dealership chain. Now, Robb is the general manager of Car-Mart’s dealership in Bowling Green, Ky. Robb ... [Read More]
Bankruptcy filings & consumer worries about finances keep rising
Thursday, Apr. 3, 2025, 01:59 PM
BHPH Report Staff
While a pair of bankruptcy experts chose to focus on the commercial side of the segment after looking at March filings, overall and individual filings rose again last month, potentially reinforcing what a Prosper Marketplace consumer survey highlighted. According to ... [Read More]
Buckeye Dealership Consulting hires former Black Book, Spartan Financial exec
Thursday, Mar. 27, 2025, 02:40 PM
BHPH Report Staff
Buckeye Dealership Consulting reinforced its national sales staff this week, as the provider of reinsurance products for automobile dealers and finance companies announced the hiring of Timothy Gault as a new business development manager. The company highlighted that Gault joins ... [Read More]
PassTime & PayNearMe enhance partnership with integrated text payments
Thursday, Mar. 27, 2025, 02:40 PM
BHPH Report Staff
PassTime and PayNearMe announced this week that they have expanded their integration, resulting in their mutual auto-finance customers now being able to incorporate text payment options for consumers. PassTime and PayNearMe have provided integrated solutions in payment processing and asset ... [Read More]
6 perspectives on what 2025 could be like in BHPH
Tuesday, Mar. 18, 2025, 10:32 AM
BHPH Report Staff
Dealer Profit Pros president Kenny Atcheson again asked a variety of industry leaders to share their expectations for what this year could be like for buy-here, pay-here and independent dealerships. Along with Atcheson offering his thoughts on advertising and marketing, ... [Read More]
Tricolor details 16th securitization since 2013
Thursday, Mar. 13, 2025, 12:15 PM
BHPH Report Staff
Tricolor has now completed 16 ABS transactions since the company, which focuses on providing auto financing to Hispanics, issued its first securitization in July 2013. The latest securitization unfolded this week, as Tricolor announced a $328 million issuance. According to ... [Read More]
Total bankruptcy filings increase 3% in February
Thursday, Mar. 13, 2025, 12:14 PM
BHPH Report Staff
Multiple experts expect bankruptcy filings to continue to rise, especially after another upward drift in February. According to data provided by Epiq AACER, total bankruptcy filings came in at 40,260 in February, marking a 3% increase year-over-year. Filings last February ... [Read More]
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