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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

PODCAST: Why retail dealers should consider adding BHPH to their operation

Auto Remarketing Staff
When customers want to buy a car but you can’t get them financed, what do you do? Most retail dealers let them walk out the door to spend their money somewhere else. In this episode of the Auto Remarketing Podcast, ... [Read More]

BHPH dealer in NC pleads guilty in Ponzi scheme

BHPH Report Staff
The U.S. District Court for the Eastern District of North Carolina announced a guilty plea by a buy-here, pay-here dealer who federal officials said ran a Ponzi scheme that resulted in more than 60 investors suffering net losses in excess ... [Read More]

Goodman returns to Byrider to help franchisees

BHPH Report Staff
Ben Goodman is back with Byrider. According to a post on the company’s LinkedIn account, Byrider hired Goodman as its vice president of franchise operations and development. Goodman previously spent more than 11 years with Byrider in a variety of ... [Read More]

National Lenders adds Newman to reinforce Midwest presence

BHPH Report Staff
National Lenders reinforced its workforce again last week, appointing Brent Newman as regional vice president of sales. With more than 30 years of experience in the buy-here, pay-here and subprime auto finance sectors, National Lenders highlighted that Newman brings a ... [Read More]

NIADA unveils special credit card for members

BHPH Report Staff
Here’s another path for National Independent Automobile Dealers Association members to get the credit they need to run their businesses. The association said it wanted to develop an exclusive financial product to add value to our member’s business operations with ... [Read More]

BlytzPay gains new patent approval for collections platform

BHPH Report Staff
BlytzPay, a collections management platform that speeds up payments and boosts customer engagement for buy-here, pay-here dealers and finance companies, announced a new patent approval for its solution, saying this week it marks a significant milestone for the company The ... [Read More]

Initial IRS data shows positive start to tax season

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BHPH Report Staff
The latest filing information from the IRS database contains less than a week’s worth of activity so far this tax season, as the federal agency began to accept returns on Jan. 27. But the year-over-year comparisons show upward movement for ... [Read More]

Dealer Profit Pros wants to help you gain industry benchmarks & more

BHPH Report Staff
Dealer Profit Pros is looking to gain insight into several retailing metrics and is offering the possibility of dealer survey participants getting two nights at a Las Vegas resort and a round of golf. The advertising advisory firm is seeking ... [Read More]

Car-Mart points to quality assets as reason for another successful securitization

Campbell to succeed Williams as Car-Mart CEO
BHPH Report Staff
While the company has encountered some retail sales challenges, America’s Car-Mart found some positives to tout this week. The buy-here, pay-here dealership chain highlighted that it has completed a term securitization transaction involving the issuance of $200 million in principal ... [Read More]

COMMENTARY: The BHPH evolution & how digital transformation and market forces are reshaping an industry

Wolters Kluwer: Digital transformation makes notable move when compared to 2020
Tiger Okeley, Oak Motors
As with many aspects of American life, the buy-here, pay-here dealership model has experienced dramatic changes over the last five years. It’s almost become cliché at this point, but the COVID-19 pandemic created a clear before-and-after moment for our industry. ... [Read More]

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