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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

COMMENTARY: Current landscape demands shrewd strategy by BHPH operators

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Thursday, May. 13, 2021, 02:39 PM
David Meyer, Advantage GPS
“It’s a perfect storm of used-vehicle demand meeting a perfect drought of used-vehicle supply.” That was the word from KAR Global chief economist Tom Kontos in his latest update regarding current used-vehicle market conditions. Consumers are now learning what used-vehicle ... [Read More]

New bankruptcy filings top 40K for second straight month

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Tuesday, May. 11, 2021, 01:19 PM
BHPH Report Staff
Bankruptcy filings are continuing to trend higher as segments of the financial world continue to move toward what experts might think of as normal. Epiq recently released its April bankruptcy filing statistics from its AACER bankruptcy information services business and ... [Read More]

Funds for more PPP loans evaporate

covid flag and cash
Thursday, May. 6, 2021, 01:53 PM
BHPH Report Staff
If your independent dealership didn’t already secure a Paycheck Protection Program loan, it’s unlikely you’ll be seeing those federal funds. While the program was originally extended through the end of May, the Small Business Administration announced the exhaustion of PPP ... [Read More]

NextGear recaps 3 enhancements to Account Portal

Scott of NextGear for web_0
Tuesday, May. 4, 2021, 01:59 PM
BHPH Report Staff
Ryan Martin, general manager of Strawberry Road Auto Sales in Pasadena, Texas, is one of the scores of independent dealers NextGear Capital is trying to help via its enhanced Account Portal. “Having the right tools and technology to support my ... [Read More]

Byrider launches new path to landing franchise

Byrider lot for web
Thursday, Apr. 22, 2021, 01:43 PM
BHPH Report Staff
Byrider is looking to make it easier for dealer operators and other entrepreneurs to gain a franchise in its network of buy-here, pay-here stores. This week, the company announced the launch of its new franchising model, Byrider Direct, adding what ... [Read More]

VINsmart joins NIADA’s list of National Corporate Partners

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Thursday, Apr. 22, 2021, 01:39 PM
BHPH Report Staff
This week, the National Independent Automobile Dealers Association announced the newest vendor to join the organization as a National Corporate Partner. According to a news release, VINsmart joined this NIADA group as its newest bronze-level member, offering affordable, reliable vehicle ... [Read More]

Former Maryland independent dealer allegedly pulls $2.2M fraud involving PPP funds

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Tuesday, Apr. 20, 2021, 02:04 PM
BHPH Report Staff
The reputation of independent dealerships took another hit recently when the Department of Justice revealed unscrupulous allegations against a former Maryland operator that included using the Paycheck Protection Program (PPP) to purchase nearly 40 luxury vehicles, acquire real estate and ... [Read More]

AFC elevates Mitchell to COO

will mitchell with logo for web
Tuesday, Apr. 20, 2021, 02:02 PM
BHPH Report Staff
Will Mitchell has been with Automotive Finance Corp. for six years and now he’s one of the floorplan provider’s top executives. The KAR Global business unit on Tuesday announced the promotion of Mitchell to chief operating officer; a position where he ... [Read More]

Q1 closes with biggest surge in consumer bankruptcies since COVID-19 arrived

march 2021 bankruptcy chart for web
Tuesday, Apr. 13, 2021, 03:58 PM
BHPH Report Staff
The first quarter closed with the largest amount of consumer bankruptcy filings registered during a single month since the pandemic began. According to filing statistics from Epiq’s AACER bankruptcy information services business, there were 41,150 new non-commercial consumer filings in ... [Read More]

Texas Capital taps experienced exec to be head of corporate banking

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Thursday, Apr. 8, 2021, 02:54 PM
BHPH Report Staff
This week, Texas Capital Bank welcomed an executive who has served at institutions such as Truist Financial, Wells Fargo and Fifth Third Bank to serve in the newly created position of head of corporate banking. Appointed to this post effective ... [Read More]
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