7 suggestions for dealers to avoid leads from going cold
Tuesday, Apr. 22, 2025, 01:16 PM
BHPH Report Staff
How much of the conversation inside your dealership includes a question along the lines of, “Why don’t we have good leads anymore?” Big Time Advertising founder and CEO Terry MacCauley pointed out that sales teams often chalk up poor performance ... [Read More]
Updated IRS data on 2025 tax filing season
Thursday, Apr. 17, 2025, 11:18 AM
BHPH Report Staff
April 15 was Tuesday. As buy-here, pay-here dealerships know, that was the deadline for individuals to file their federal and state tax returns. While the database hosted by the Internal Revenue Service has a bit of a reporting lag, the ... [Read More]
Long enters BHPH space as executive with National Lenders
Tuesday, Apr. 15, 2025, 12:55 PM
BHPH Report Staff
A previous leader of multiple industry associations now is an executive with the National Lenders General Agency, a licensed risk manager and provider of insurance solutions for the buy-here, pay-here market. Last week, the company welcomed Tony Long as regional ... [Read More]
Bankruptcy filings & consumer worries about finances keep rising
Thursday, Apr. 3, 2025, 01:59 PM
BHPH Report Staff
While a pair of bankruptcy experts chose to focus on the commercial side of the segment after looking at March filings, overall and individual filings rose again last month, potentially reinforcing what a Prosper Marketplace consumer survey highlighted. According to ... [Read More]
Buckeye Dealership Consulting hires former Black Book, Spartan Financial exec
Thursday, Mar. 27, 2025, 02:40 PM
BHPH Report Staff
Buckeye Dealership Consulting reinforced its national sales staff this week, as the provider of reinsurance products for automobile dealers and finance companies announced the hiring of Timothy Gault as a new business development manager. The company highlighted that Gault joins ... [Read More]
PassTime & PayNearMe enhance partnership with integrated text payments
Thursday, Mar. 27, 2025, 02:40 PM
BHPH Report Staff
PassTime and PayNearMe announced this week that they have expanded their integration, resulting in their mutual auto-finance customers now being able to incorporate text payment options for consumers. PassTime and PayNearMe have provided integrated solutions in payment processing and asset ... [Read More]
6 perspectives on what 2025 could be like in BHPH
Tuesday, Mar. 18, 2025, 10:32 AM
BHPH Report Staff
Dealer Profit Pros president Kenny Atcheson again asked a variety of industry leaders to share their expectations for what this year could be like for buy-here, pay-here and independent dealerships. Along with Atcheson offering his thoughts on advertising and marketing, ... [Read More]
Tricolor details 16th securitization since 2013
Thursday, Mar. 13, 2025, 12:15 PM
BHPH Report Staff
Tricolor has now completed 16 ABS transactions since the company, which focuses on providing auto financing to Hispanics, issued its first securitization in July 2013. The latest securitization unfolded this week, as Tricolor announced a $328 million issuance. According to ... [Read More]
Total bankruptcy filings increase 3% in February
Thursday, Mar. 13, 2025, 12:14 PM
BHPH Report Staff
Multiple experts expect bankruptcy filings to continue to rise, especially after another upward drift in February. According to data provided by Epiq AACER, total bankruptcy filings came in at 40,260 in February, marking a 3% increase year-over-year. Filings last February ... [Read More]
PODCAST: Steve Levine previews second book, combined events of BHPH United & Compliance Unleashed
Tuesday, Mar. 11, 2025, 10:00 AM
BHPH Report Staff
Steve Levine of Ignite Consulting Partners made another appearance on the Auto Remarketing Podcast for two reasons. Levine shared how his second book came together to help dealerships with their compliance responsibilities. He also previewed the combined training conferences next ... [Read More]
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