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Matt Babcock of Wolters Kluwer on how digital transformation continues to gain steam in auto financing
Matt Babcock, who heads up digital lending product strategy for Wolters Kluwer, returned for another visit on the Auto Remarketing Podcast. Wolter Kluwer recently released its latest quarterly Auto Finance Digital Transformation Index. Babcock recapped the sustained upward trajectory the ... Listen Here
SPONSORED EPISODE: The Buy Online Shift & What Dealers Need to Know Now
In this sponsored episode of the Auto Remarketing Podcast, Cox Automotive’s Jeri Reichel joins us to speak to the evolving Buy Online experience. She shares more about how shopper expectations are changing and what dealers should understand and do as ... Listen Here
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

PODCAST: Agora Data on current status of dealership financials & securitization market

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BHPH Report Staff
Steve Burke’s role as chief executive officer of Agora Data gives him a tremendous vantage point to access the current financial status of independent and buy-here, pay-here dealerships as well as activities within the automotive securitization market. And during the ... [Read More]

Ohio dealer’s nearly $400K settlement shows potential employment compliance pitfalls

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BHPH Report Staff
Compliance expert Randy Henrick, who also is a part of the team at Ignite Consulting Partners, shared a costly example of how not following federal statutes when making personnel decisions can inflict some significant financial pain on independent and buy-here, ... [Read More]

COMMENTARY: Preparing for a unique 2022 after a unique 2021

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Kenny Atcheson, Dealer Profit Pros
There have been so many changes and unique circumstances that affect the market and your business. They must be considered as you plan for success in 2022. What to do about it all? First, plan to do something different — ... [Read More]

COMMENTARY: Time to assess changes at your BHPH or LHPH operation

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Gene Daughtry, AMS Consulting
In past years, I would have been advising you to use the down time in the last quarter of a year to make assessments about your operation. Under normal circumstances it is time to evaluate your staff, look into your ... [Read More]

Car-Mart stays in acquisition mode with moves in Tennessee

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BHPH Report Staff
On Wednesday, America’s Car-Mart announced its second dealership acquisition in roughly the past 60 days. At the beginning of October, this year’s Independent Dealer of the Year acquired a store in Oklahoma. And now, Car-Mart announced it has entered into ... [Read More]

PODCAST: Insights from NIADA 20 groups with Bill Elizondo

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BHPH Report Staff
For several months now, Bill Elizondo has been back on the road hosting 20 group meetings in his role as senior moderator and consultant at National Independent Automobile Dealer Association. In this episode of the Auto Remarketing Podcast, Elizondo shared ... [Read More]

Byrider aligns with Openbay to boost service department

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BHPH Report Staff
Byrider made a move this week to strengthen its service department. The chain of more than 140 buy-here, pay-dealerships and franchisees became a part of Openbay and its automotive services marketplace, one of the nation’s largest online consumer platforms for ... [Read More]

3 enhancements to AgoraInsights

AgoraInsights for web
BHPH Report Staff
Agora Data added more technological horsepower to its platform aimed to help buy-here, pay-here dealerships gain more financial information and resources to growth their businesses. On Tuesday, the company highlighted the three enhancements it made to AgoraInsights. They include reporting ... [Read More]

Bankruptcies at pace not seen since the 1980s

epiq bankruptcy chart november for web
BHPH Report Staff
It’s been 40 years since bankruptcy filings have been at the pace experts from Epiq and the American Bankruptcy Institute (ABI) are seeing in 2021. Last week, Epiq released its November bankruptcy filing statistics from its AACER bankruptcy information services ... [Read More]

PODCAST: 3 founders of BHPH United discuss purpose & goals

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BHPH Report Staff
Buy-here, pay-here dealers asked for more support, and a collection of industry firms are responding to the request. Three founders of a new organization called BHPH United, which was formed for the sole purpose of providing education and resources to ... [Read More]

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