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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
Wide-ranging car-business conversation with Lotlinx chairman and CEO Len Short
Lotlinx chairman and CEO Len Short firmly believes car dealers are the most resilient operators in any business. During this episode of the Auto Remarketing Podcast, Short explained why he is anticipating dealers showing that resilience again because it’s needed ... Listen Here
Path to delivering education in Spanish with Ignite Dealer Compliance Group
Steve Levine has dozens of dealer clients with Spanish as their native language. Those dealers also have hundreds of Hispanic customers who cannot speak or understand English. To fill compliance and training gaps created by language challenges, the owner of ... Listen Here

AutoStar Solutions Highlights 12 Days of Dealership Compliance

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BHPH Report Staff
AutoStar Solutions isn’t trying to dampen the Christmas spirit buy-here, pay-here operators might have, but chief legal officer Steve Levine warned dealers of what he described as a potential “Grinch" — regulators such as the Consumer Financial Protection Bureau, the ... [Read More]

3 Takeaways from Capitol Hill Visit Help NABD Structure Upcoming Conference

capitol hill for spn story
BHPH Report Staff
Ken Shilson, founder of the National Alliance of Buy-Here, Pay-Here Dealers, joined the leadership of the National Independent Automobile Dealers Association for its annual leadership meetings in Washington, D.C., to help champion positions important to BHPH operators. Shilson left Capitol ... [Read More]

DriveTime Forms Exclusive Inventory Partnership with Manheim

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BHPH Report Staff
DriveTime Automotive Group solidified its pipeline of potential inventory to boost its buy-here, pay-here business prospects. A new partnership finalized on Thursday installed Manheim and Go Auto Exchange as DriveTime’s primary source for remarketing wholesale inventory through its physical locations, ... [Read More]

Ask the Hall of Famer: Underwriting and Poor Employees

Award
BHPH Report Staff
Q: What are three things you should accomplish before the end of the year? Julian says… I am going to give you a different approach: What’s one of the things that you need to do every three years? Think about ... [Read More]

Benefits of Structuring Loans with Irregular Payments

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Mike Downey and Chip Wiley
A common problem for many dealers is consumers not having enough money to put down on a vehicle.  This situation usually results in one of three ways: you accept less, you defer the down payment, or you don’t sell the ... [Read More]

Daughtry: 5 Thoughts as 2014 Quickly Winds Down

cars on road today
Gene Daughtry, PLS Financial
Here we are — the holidays are upon us.  As usual, the IRS is warning of a delay in tax refunds. Everyone is stocking up on inventory, hoping for a grand tax season. Customers are not making preparations to deal ... [Read More]

Atcheson: Consider This Marketing Idea to Prepare for a Big 2015

eight track cassette
Kenny Atcheson, Dealer Profit Pros
While speaking to a group of business owners at an event, I asked the audience if anyone had an eight-track tape player. One person raised his hand.  (If you are too young to know what an eight-track tape is, substitute ... [Read More]

Price: How to Keep Skip-Tracing Skills Sharp in Today’s World

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Alex Price, MasterFiles
Since my retirement from active skip-tracing eight years ago, I now have the opportunity to sit back and observe the industry closely. Since I’ve taken on a teaching and training role, reaching a new generation of skip-tracers with MasterFiles, I ... [Read More]

Hackett: Will Buy-Here, Pay-Here Fall Like Rome?

regulation and compliance puzzle
Rick Hackett, Hudson Cook
"Hard cases make bad law" is a maxim attributed to Oliver Wendell Holmes, an associate justice and acting chief justice of the U.S. Supreme Court at the turn of the last century. The maxim suggests that cases with extreme facts ... [Read More]

7 Questions Dealers Should Ask Capital Providers

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Nick Zulovich, Editor
When Advantage Funding co-founder Ed Kaye makes a presentation to buy-here, pay-here dealers, he often begins with a list of seven questions for them to consider. Before going any further, Kaye recommends that operators stop finance companies from going any ... [Read More]

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