The News Media of the Pre-Owned Industry

Auto Remarketing AR Canada Subprime News BHPH Report Auto Fin Journal
EMAIL SIGNUP CMG PREMIUM LOGIN
X
What might be next for Amazon Autos
Thursday, Jan. 15, 2026, 03:52 PM
Cherokee Media Group’s Bill Zadeits hosted a fireside chat with Fan Jin, global leader of Amazon Autos, during Used Car Week 2025. Their wide-ranging conversation about the past, present and future of the online platform and its involvement with automakers ... Listen Here
Auto-finance leaders on growth, risk & recovery
Thursday, Jan. 15, 2026, 03:07 PM
It’s a question any business must answer, but it’s especially important in auto finance. How do you balance growth and risk? A trio of industry executives — Mike Goins of TD Bank, Jeff Marsh of Millennium Capital and Recovery and ... Listen Here
Expectations for repossessions in the US & Canada with Purr’s Chris Schellenberger
Wednesday, Jan. 14, 2026, 07:48 PM
Purr founder and CEO Chris Schellenberger opened Used Car Week 2025 on the Live Stage presented by SYCN Auto Logistics. Schellenberger, whose unique business model offers a retail consignment platform for repossessed vehicles, discussed what the repo industry could be ... Listen Here

Kinetic Advantage celebrates fifth anniversary

Thursday, Nov. 6, 2025, 02:01 PM
BHPH Report Staff
Kinetic Advantage provided a dealer floorplan for the first time on Nov. 5, 2020; a point when the pandemic seemingly impacted every part of the car business and beyond. It’s five years later and Kinetic Advantage not only remains in ... [Read More]

Car-Mart explains how $300M loan enhances capital structure ‘at a time of uncertainty in the market’

Campbell to succeed Williams as Car-Mart CEO
Tuesday, Nov. 4, 2025, 11:47 AM
BHPH Report Staff
America’s Car-Mart closed the month with an important deal to solidify its long-term finances. On Thursday, the buy-here, pay-here dealership chain announced the closing of a new five-year, $300 million funded term loan facility provided by funds managed by Silver ... [Read More]

BHPH United & PrimaLend ‘part on good terms’

Tuesday, Oct. 28, 2025, 02:15 PM
BHPH Report Staff
Another side effect of PrimaLend filing for Chapter 11 bankruptcy last week surfaced soon afterward. Along with being a floorplan provider, PrimaLend was a founding member of BHPH United, which is comprised of seven service providers that organize an annual ... [Read More]

Ignite & NIADA warn dealers about recent CFPB phishing scam

defi SOLUTIONS calls out ‘bluff’ of recent hacker threats
Tuesday, Oct. 28, 2025, 02:14 PM
BHPH Report Staff
Both Ignite Consulting Partners and the National Independent Automobile Dealers Association warned dealerships about what they believe to be a phishing scam with fraudsters pretending to be from the Consumer Financial Protection Bureau. In an industry message, Ignite Consulting Partners ... [Read More]

Details of tax season consulting groups specifically for BHPH & independent dealers

Details of upcoming repossession webinars from ARA & Weltman
Tuesday, Oct. 28, 2025, 02:14 PM
BHPH Report Staff
Tax Max wants buy-here, pay-here and independent dealers to have clear strategy in place now through the close of federal and state filing seasons. So, the company announced new tax season consulting groups, which will gather each Tuesday via Zoom ... [Read More]

Following capital injection, Kinetic Advantage issues second securitization

Thursday, Oct. 23, 2025, 08:09 AM
BHPH Report Staff
Kinetic Advantage is finding ways to achieve its goals amid a business scene that’s becoming more challenging as evident by bankruptcies being filed by consumers as well as automotive operations. About a week after the independent automotive floorplan financing company ... [Read More]

PrimaLend files Chapter 11 bankruptcy but ‘not going out of business’

Wednesday, Oct. 22, 2025, 12:46 PM
BHPH Report Staff
Consumers aren’t the only ones seeking bankruptcy protection nowadays. PrimaLend Capital Partners and Good Floor Loans announced on Wednesday that they are pursuing what the floorplan provider called “a value-maximizing sale” through a voluntary Chapter 11 proceeding in the U.S. ... [Read More]

Carlyle makes multi-part commitment to Kinetic for growth in floorplan financing

money-key
Thursday, Oct. 16, 2025, 11:19 AM
BHPH Report Staff
Global investment firms continue to see opportunities in the automotive sector. A day after a move involving a lender that provides credit to consumers, another transaction came to light on Thursday involving a company that provides financial fuel for dealerships. ... [Read More]

Nearly 400K individuals have filed for bankruptcy so far this year

Thursday, Oct. 9, 2025, 11:47 AM
BHPH Report Staff
Here’s another notable sign about the struggles some consumers are experiencing this year. According to data provided by Epiq AACER, individual Chapter 7 bankruptcy filings through the first three quarters of 2025 jumped 15% compared to the first nine months ... [Read More]

NIADA gives CFPB two recommendations for defining ‘risks to consumers’

Tuesday, Oct. 7, 2025, 11:36 AM
BHPH Report Staff
Regulators often gravitate toward consumer risk when constructing and enforcing rules on businesses such as dealerships. The National Independent Automobile Dealers Association recently asked for some clarity from the Consumer Financial Protection Bureau on that subject. NIADA submitted comments to ... [Read More]
X