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Cutting keys & cutting costs during repossessions and recoveries
Wednesday, Dec. 10, 2025, 04:42 PM
Drawing standing-room-only attendance in the second-largest setting at Used Car Week 2025, Ryan Miller led a six-executive panel session that focused on one of the most complex challenges in all of repossessions and recoveries. Now available through this episode of ... Listen Here
Four experts on automotive & the economy
Wednesday, Dec. 10, 2025, 04:39 PM
Used Car Week 2025 again brought together experts who can explain which parts of the economy impact automotive most. This year’s event included views from Laura Wehunt of Black Book, Tim Gill of the American Financial Services Association, T.J. Cox ... Listen Here
Sponsored Episode: Winning Trade-Ins and Trust – Navigating Today’s Affordability Challenges
Friday, Dec. 5, 2025, 03:15 PM
Affordability challenges are reshaping the automotive landscape—vehicle prices and payments are at all-time highs and negative equity is on the rise. In this episode, Micah Tindor offers a data-driven conversation with real-world strategies around acquisition tactics and long-term profitability to ... Listen Here

Kinetic Advantage unveils 7 enhancements to floorplan management portal

money-key
Wednesday, Dec. 14, 2022, 05:21 PM
BHPH Report Staff
This week, Kinetic Advantage announced more than a half dozen enhancements to its proprietary dealer management portal, Kinetic 360. The independent floorplan provider highlighted the new Kinetic 360 showcases a sleek and responsive design with functionality that can allow users ... [Read More]

COMMENTARY: Advice for independent operators to manage inventory in lean times

price-tag-3
Thursday, Dec. 8, 2022, 04:01 PM
James Virgoe, GWC Warranty
Used-vehicle prices are falling, inventory is still difficult to acquire, and economic conditions continue to weaken. These are challenging times for independent dealers. In times like these, inventory management is key to staying profitable. Here are a few tips to ... [Read More]

Car-Mart acquires longtime Lone Star State operation

Car-Mart expands via acquisition, reports fiscal Q2 performance
Tuesday, Dec. 6, 2022, 04:22 PM
BHPH Report Staff
After acquiring the assets from two different independent operators last year, America’s Car-Mart finalized a similar move this week, announcing that the chain of buy-here, pay-here dealerships entered into a definitive agreement to purchase the ongoing dealership assets of Credit-Line, ... [Read More]

Cox Automotive moves auction GM into NextGear Capital VP role

nextgear exec for web
Tuesday, Dec. 6, 2022, 04:20 PM
BHPH Report Staff
Cox Automotive is shifting one of its auction general managers into an executive role with its floorplan provider. On Tuesday, NextGear Capital appointed former Manheim general manager Nicole Graham-Ponce as vice president of portfolio management, following the recent appointment of former ... [Read More]

Tricolor Holdings named Inc. 2022 Best in Business award winner

Tricolor gains US patent for AI-driven underwriting tool
Tuesday, Dec. 6, 2022, 04:17 PM
BHPH Report Staff
Tricolor Holdings added another award to its mantle. The used-vehicle retailer that focuses on the Hispanic market announced that it has been named to the Inc. 2022 Best in Business list, which honors companies that have made an “extraordinary” impact ... [Read More]

Byrider honors top-performing dealers

award winner
Tuesday, Nov. 29, 2022, 04:09 PM
BHPH Report Staff
Earlier this month, Byrider presented awards to its franchise dealer body during the company’s annual convention in Aventura, Fla., honoring more than a dozen professionals who operate buy-here, pay-here dealerships with its franchise system. Byrider highlighted its franchise of the ... [Read More]

Floorplan roundup: Milestone for AFC’s Principal Pass; 3 exec moves at Kinetic

money-key
Thursday, Nov. 10, 2022, 03:28 PM
BHPH Report Staff
Two floorplan providers familiar to independent dealerships made major announcements this week. AFC, a business unit of KAR Global, shared an update about Principal Pass, while Kinetic Advantage expanded its leadership team. AFC said through a news release that more ... [Read More]

Individual Chapter 13 bankruptcies make notable jump in October

epiq october 2022 chart for web
Tuesday, Nov. 8, 2022, 05:27 PM
BHPH Report Staff
Your buy-here, pay-here operation might see an uptick in individuals who need a transportation solution after having just filed for Chapter 13 bankruptcy. According to data provided by Epiq Bankruptcy, individual Chapter 13 filings increased 27% year-over-year in October with ... [Read More]

VINCUE becomes newest NIADA National Corporate Partner

news pic
Tuesday, Oct. 25, 2022, 04:42 PM
BHPH Report Staff
VINCUE recently finalized details for a National Corporate Partnership with the National Independent Automobile Dealers Association (NIADA) to help members optimize the inventory lifecycle. VINCUE will offer its solutions to NIADA members at a preferred price, giving them access to tools ... [Read More]

3 requirements of Safeguards Rule risk assessment reports

Ignite Consulting Partners on tax season: ‘Watch your speed’
Tuesday, Oct. 25, 2022, 04:14 PM
BHPH Report Staff
Ignite Consulting Partners continued its Tip of the Week series by again focusing on the enhanced Safeguards Rule set to be implemented by the Federal Trade Commission. Ignite said that independent and buy-here, pay-here dealerships should have completed or at ... [Read More]
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