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SPONSORED EPISODE: Rethinking vehicle-protection plans for today’s wide inventory mix with GWC Warranty
Used-car inventory on dealer lots nowadays can range from older, higher-mileage vehicles to EVs, lifted trucks, and modified vehicles. The result is dealers are also having to change the vehicle-protection conversations with customers. In this special sponsored episode of the ... Listen Here
Recapping credit scores & other trends in auto finance with Shams Blanc of FICO
Shams Blanc, head of auto scores at FICO, made another appearance on the Auto Remarketing Podcast to elaborate more about the fall edition of the FICO Score Credit Insights report. Along with recapping what’s going on in auto finance, Blanc ... Listen Here
SPONSORED EPISODE: Greenville Auto Auction Celebrates 16 Years—A look back and a look ahead
On this sponsored episode of the Auto Remarketing Podcast, Bill Zadeits visits with Billy Willis and Kevin Stallings of Greenville Auto Auction. The auction celebrates 16 years in early September, and the guys talk about the history of the sale, ... Listen Here

6 New Sessions Added to Next NABD Conference

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BHPH Report Staff
Coming off what organizers hailed as a successful best-practices event this past January in Dallas, the National Alliance of Buy-Here, Pay-Here Dealers now is gearing up for its annual signature gathering. The 17th annual BHPH Conference has new sessions and ... [Read More]

DealerSocket Acquires FEX DMS

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BHPH Report Staff
A service provider quite entrenched in the buy-here, pay-here industry has a new owner. On Thursday, DealerSocket announced the acquisition of FEX DMS, a dealer management system (DMS) for BHPH and other independent dealers. Established in 2001, FEX DMS is ... [Read More]

NC BHPH Dealer Resolves Claims with Attorney General & DOJ

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Nick Zulovich, Editor
Rather than incurring more legal costs than what already has mounted during the past year, a buy-here, pay-here operator in business for nearly two decades in one of North Carolina’s largest markets chose to resolve claims asserted by the United ... [Read More]

NJ & NY Lawmakers Out to Prohibit Payment Assurance Devices

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Nick Zulovich, Editor
New Jersey and New York legislators currently are crafting measures that would prohibit the installation of payment assurance devices, including GPS and starter-interrupt units, as a condition of securing vehicle financing. And advocates for the buy-here, pay-here industry are working ... [Read More]

Dealers Praise NABD for Latest BHPH Best Practices Conference

businessmen in city
BHPH Report Staff
Mike Marak is the president of M&M Auto Sales in Hiawatha, Iowa, boasting more than three decades of buy-here, pay-here experience. Marak chose to spend three days in Dallas last week for the Best Practices Conference hosted by the National ... [Read More]

AutoTrader.com Buy-Here, Pay-Here Center Keeps Growing

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Nick Zulovich, Editor
Dealers from all 50 states now are a part of AutoTrader.com’s Buy- Here Pay-Here Center as the site crossed the 1,000-store milestone before 2014 closed. Consumer traffic also is climbing significantly as site officials are seeing possible buyers from all ... [Read More]

Daughtry: It’s January — Are You Ready For February?

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Gene Daughtry, PLS Financial
Are you ready for February? That is probably the biggest question for January. You should have finished or be finishing your end-of-the-month and end-of-the-year reports. I hope back in November you completed evaluations of your personnel and processes. If not, ... [Read More]

Ask the Hall of Famer: Reconditioning and New Prospects

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BHPH Report Staff
Q: What are some prudent steps to make in regards to reconditioning? Julian says … First, on a side note, I think service and financing of repairs, tires etc., are going to be a good profit source for every BHPH ... [Read More]

Byrd: If You Are Growing, You Are Not ‘Cash Flowing’

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Tim Byrd, Tim Byrd & Associates
The buy-here, pay-here business is one of the few businesses you can sell yourself out of business. Can I get an Amen on that? This reminds me of the “six P’s” rule of business that you may have heard: Prior ... [Read More]

Houston Store Aims To Show How Honest BHPH Dealers Operate

Craig and Paula Durrett for BHPH Report
Nick Zulovich, Editor
A buyer who sustained a bad experience during a vehicle purchase might share the unpleasant details with family and friends. Or perhaps in today’s Internet age, the consumer could go on social media to describe the experiences through a myriad ... [Read More]

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