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The Spark Between EVs & CPO
In light of electric vehicle maker VinFast launching a certified pre-owned program in the U.S., Auto Remarketing senior editor Joe Overby connects with leaders from the EV space to discuss why the segment is a natural fit for CPO and ... Listen Here
Vincenzo Ciampi of iA Financial Group
Next up on the Canada’s Used Car Week Live Stage is Vincenzo Ciampi . who is senior vice president, of auto finance and dealer services for Canada at iA Financial Group. Ciampi talks with Cherokee Media Group’s Joe Overby about ... Listen Here
Ted Berlovich of Clutch
Continuing the discussions from the Live Stage at Canada’s Used Car Week, senior editor Joe Overby connects with Ted Berlovich, director of wholesale at online used-car retailer Clutch. Berlovich explained the company’s wholesale process, how the company handles some of ... Listen Here

Why Making Realistic Projections Benefits Operators

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Nick Zulovich, Editor
From job interviews to self-help books, stirring goal-oriented conversations sometimes start with the question, “Where do you want to be in five years?” In the buy-here, pay-here business, it’s sometimes difficult to project that far into the future in a ... [Read More]

Bankruptcy Filings Drop 12 Percent in Q1

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BHPH Report Staff
The American Bankruptcy Institute reported that total bankruptcy filings in the United States decreased 12 percent in the first quarter compared to the same period last year. According to data provided by Epiq Systems, bankruptcy filings totaled 231,647 in the ... [Read More]

Shilson: Does More Really Equal Less In The Deep Subprime Auto Finance Industry?

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Ken Shilson, Subprime Analytics
At the end of 2013 after reviewing Experian Automotive data, I wrote that losses for special finance companies in the subprime auto finance industry were trending upward sharply. I attributed these higher losses to overly aggressive underwriting “silly loans” caused ... [Read More]

AutoStar Solutions Acquisition Helps To Develop New Compliance Technology For BHPH Dealers

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BHPH Report Staff
Buy-here, payhere dealership software provider AutoStar Solutions recently acquired 50 percent interest in SecureClose, a designer of innovative compliance technology. Together, the two companies are finalizing plans to provide a new tool that automates the contract closing process for dealers.AutoStar ... [Read More]

FTC Charges Arkansas Dealers For Not Displaying Buyer’s Guide On Vehicles

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BHPH Report Staff
Two buy-here, pay-here operators who say they have more than 80 years of experience ended up in serious trouble with the Federal Trade Commission. Earlier this month, the FTC charged Arkansas dealer, Abernathy Motor Co., and its two principals, Wesley ... [Read More]

Braeger Auto Finance Group Offers Way To Get Investor Money To BHPH Operators

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Nick Zulovich, Editor
Braeger Auto Finance Group chief executive officer David Braeger wanted to solve a problem buy-here, pay-here dealers encounter when they go to traditional banking outlets looking for an increase in funds to expand their portfolios.More money can mean the chance ... [Read More]

Inilex Names New Vice President of Corporate and Business Development

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BHPH Report Staff
Inilex, a provider of intelligent telemetry solutions for vehicles, is continuing to expand its executive team with the addition of Brad Walls as the company’s vice president of corporate and business development. The company highlighted Walls brings a demonstrated track ... [Read More]

Subprime Analytics Integrates With Auto Master Systems And FEX DMS

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BHPH Report Staff
Subprime Analytics, which provides computerized portfolio metrics analysis of subprime auto finance installment portfolios, announced that it has completed the integration with a pair of dealer management software providers: Auto Master Systems (AMS) and FEX DMS. Subprime Analytics founder and ... [Read More]

Daughtry: Ways To Survive A BHPH Downturn

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Gene Daughtry, PLS Financial
It has happened again. Special finance has risen from the ashes and put the franchised car dealers back in the bad credit business. How many times have we seen this? I know at least four times for me personally. The ... [Read More]

Wiley: How Dealers Made The Most Of 2014 Tax Season

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Chip Wiley, Tax Refund Services
The peak of tax season is over. W-2 forms have been handed out to employees, and the tax refund money is long gone in most cases. If your business was ready for tax season, the annual opportunity was once again ... [Read More]

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