America’s Car-Mart is looking to show that COVID-19 won’t deter the chain of buy-here, pay-here dealerships. Coming off a new company record for annual revenue, Car-Mart opened another dealership on Monday after beginning the current fiscal year by relocating its ... [Read More]

On July 1, 1941 at 2:29 p.m., the first television commercial appeared on screens across the United States. Bulova, a watch company, aired their 10-second commercial at a cost of $9 prior to a Brooklyn Dodgers and Philadelphia Phillies baseball ... [Read More]

Allegations triggering a consent judgment surfacing back in May involving an Arizona independent dealership and the state’s attorney general could serve as a stern reminder of what compliance expert Randy Hendrick suggested to operators, especially when retailing vehicles classified “as-is.” ... [Read More]

Tricolor is looking to shore up its endeavors to meet state and federal regulatory standards by hiring a chief compliance officer. On Tuesday, the used-vehicle retailer with locations in California and Texas focusing on the sale and financing of vehicles ... [Read More]

One of the hardest parts of running a business is finding good help. I imagine most dealers agree with that statement. I think that is part of the difficulty, you are looking for help. A warm body to fill a ... [Read More]

At least initially, federal government intervention to help individuals and business hit financially by the coronavirus pandemic have made a positive impact in terms of bankruptcy filings. But experts suspect conditions will deteriorate in this part of the financial world ... [Read More]

Ken Shilson of Subprime Analytics made his podcast debut to discuss one of his favorite industry endeavors — the annual buy-here, pay-here benchmarks that can give dealers of all sizes a barometer about a host of operational segments. Shilson also ... [Read More]

Independent dealerships now have another option to secure a floorplan. First Business Financial Services, a Wisconsin-based bank holding company, recently launched its newest product — aptly named Floorplan Financing — and brought in a trio of veteran automotive executives to ... [Read More]

The coronavirus pandemic didn’t stop Byrider Wausau from relocating to a renovated location in the Wisconsin city it has served for the past seven years. This week, the dealership that’s part of the Byrider network of buy-here, pay-here dealerships moved into ... [Read More]

Buy-here, pay-here operators who use DealerSocket now have a streamlined path to tools from Agora Data. On Tuesday, Agora, a Texas-based provider of data, analytics and liquidity solutions for the BHPH industry, announced an integration with DealerSocket’s IDMS web-based dealer ... [Read More]