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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

PassTime & ABCoA collaborate again with Encore integration into Deal Pack

PassTime & ABCoA integrate Encore into Deal Pack
BHPH Report Staff
As long-time integration partners, PassTime and Advanced Business Computers of America, Inc. (ABCoA) have worked together for decades to provide integrated solutions to their mutual customers in the buy-here, pay-here industry and other part of auto financing. On Wednesday, they ... [Read More]

CFPB files lawsuit against US Auto Sales servicer

CFPB files lawsuit against US Auto Sales servicer
BHPH Report Staff
U.S. Auto Sales closed its 31 dealerships in the Southeast in April, but the buy-here, pay-here operation is now facing a lawsuit in federal court brought by the Consumer Financial Protection Bureau (CFPB). On Wednesday, the CFPB filed a lawsuit ... [Read More]

Expert advice on handling the e-OSCAR 4.0 transition period

Expert advice on handling the e-OSCAR 4.0 transition period
BHPH Report Staff
A recent tip of the week from Ignite Consulting Partners involved one of the potentially complicated parts of the buy-here, pay-here business: handling matters when consumers raise concerns about their credit history. The recommendations originated from the recently launched e-OSCAR ... [Read More]

SVR Tracking unveils ‘no frills’ GPS tracking tailored for BHPH dealers

SVR Tracking unveils basic GPS tracking for BHPH dealers
BHPH Report Staff
Some operators consider their buy-here, pay-here dealerships to be “no-frills” businesses. That happens to be the moniker SVR Tracking gave its latest GPS tracking device. This week, the provider of asset management solutions for the automotive industry released SVR Repo, ... [Read More]

Bankruptcy filings rise 17% at 2023 midpoint

Bankruptcy filings rise 17% at 2023 midpoint
BHPH Report Staff
Buy-here, pay-here dealers might be seeing vehicle shoppers fresh off a bankruptcy filing if they haven’t already. According to data provided by Epiq Bankruptcy, there were 217,420 total bankruptcy filings during the first six months of 2023, representing a 17% ... [Read More]

Byrider broadens footprint in Kentucky

Byrider honors top franchise dealers for 2023
BHPH Report Staff
One of Byrider’s franchisees started the second half of the year by expanding its footprint in Kentucky. Byrider announced this week that franchise ownership group Garber Ventures opened a location in Elizabethtown, Ky., representing Byrider’s seventh location in the Blue ... [Read More]

PODCAST: Tales from the BHPH trail with Gene Daughtry

BHPH Report Staff
Gene Daughtry’s travels take him from Texas to Connecticut and elsewhere, examining buy-here, pay-here dealership operations and offering recommendations to sharpen collections, reconditioning and other business segments. The senior consultant with AMS Consulting was in Las Vegas last month for ... [Read More]

PODCAST: Checkup on BHPH operator financial health with Agora Data’s Steve Burke

PODCAST: BHPH financial health with Agora Data's Steve Burke
BHPH Report Staff
For the second time this year, Cherokee Media Group’s Nick Zulovich had the opportunity for an in-person conversation with Agora Data’s Steve Burke on the Auto Remarketing Podcast. Connecting at NIADA’s annual convention in Las Vegas, Burke described how dealership ... [Read More]

BHPH dealers see challenges & opportunities in their numbers

BHPH dealers see challenges & opportunities in their numbers
Andrew Friedlander, Associate Editor
The buy-here, pay-here business is all about numbers — especially when times are tight. So with the economy wavering and uncertainty all around, a panel of successful BHPH dealers talked about numbers in a session at last week’s NIADA Convention ... [Read More]

4 key features of new NextGear Capital mobile app

4 key features of new NextGear Capital mobile app
BHPH Report Staff
For independent dealers who want to work with NextGear Capital, there’s now an app for that. The company announced on Thursday that it has developed a mobile app for its account portal with plans to unveil it at the National ... [Read More]

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