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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

Daughtry: BHPH Operators Should Avoid The Private Island

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Gene Daughtry, PLS Financial
Not so long ago, and not too far away, one of my past managers started working for a dealer I know. We were discussing the state of the dealer’s current business, and the conversation went to 20 Groups. This dealer, ... [Read More]

Byrd: Making A Plan To Win Even When Major Customer Events Happen

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Tim Byrd, Tim Byrd & Associates
Everyday battles. Sales waning. Cars breaking down. Lapsed insurance. Repos. Low working capital. Do you feel like you’re losing? Every day in buy-here, pay-here operations across this great country, dealers are asking similar questions: —Where do I go from here? ... [Read More]

Annual Bankruptcies on Pace for Lowest Figure in 7 Years

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BHPH Report Staff
The year-over-year decline in bankruptcies recorded in July is leaving the American Bankruptcy Institute thinking that this year’s total could end up being the lowest figure in seven years. According to data provided by Epiq Systems, ABI indicated total bankruptcy ... [Read More]

NABD Welcomes Largest BHPH Boot Camp Crowd Ever

boot camp for BHPH
BHPH Report Staff
The largest contingent ever attended the most recent BHPH Boot Camp hosted by the National Alliance of Buy-Here, Pay-Here Dealers at the site of iCars, Ingram Walters’ dealership in Monroe, N.C. A total of 27 attendees from 15 different dealerships ... [Read More]

3 Areas to Help BHPH Operators Ease the Pain Of IRS Audits

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Nick Zulovich, Editor
It’s one of the most stress creating notices anyone can receive. The Internal Revenue Service wants to conduct an audit. And for buy-here, pay-here operators, the complexities of explaining how their businesses function to a federal regulator who might not ... [Read More]

8 Tips to Help BHPH Dealers Stay Off CFPB Radar

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BHPH Report Staff
Rick Hackett shared eight specific steps buy-here, pay-here dealers can take to stay off of the radar of government regulators. Hackett acknowledged no surefire way exists for operators to protect themselves completely from a regulator who can decide what a ... [Read More]

Go Auto Exchange Adds 4th Location

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BHPH Report Staff
Go Auto Exchange — the joint auction venture between Manheim and DriveTime — is revving up its expansion plans with its fourth location set to open this week. Officials indicated the new location featuring inventory tailored for buy-here, pay-here dealerships is ... [Read More]

BHPH Report Launches New Free Training Webinars

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BHPH Report Staff
Along with the move to begin printing the magazine, BHPH Report is also rolling out free online training for buy-here, pay-here dealers. The first installment in the publication’s Buy-Here, Pay-Here Webinar Series is set to include experts from FEX DMS, ... [Read More]

BHPH Report To Publish Print Edition Beginning In September

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BHPH Report Staff
The early success of BHPH Report is prompting Cherokee Media Group to begin offering a print version of the new magazine dedicated to providing news and information about the buy-here, pay-here industry. Launched in January as a collaboration between SubPrime ... [Read More]

Daughtry: Step-By-Step Guide To Adding More Lots

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Gene Daughtry, PLS Financial
I bet when you first got into buy-here, pay-here and worked to grow your portfolio, you were watching every dollar and paying close attention to details. How many of us learned more from trial and error than other sources available, ... [Read More]

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