UPDATED: NIADA hosting free webinar about CARES Act
Monday, Mar. 30, 2020, 04:30 PM
BHPH Report Staff
Editor's Note: NIADA made content connected with this webinar and other strategic material to help dealers available on a special website located at COVID19.NIADA.com. The National Independent Automobile Dealers Association understands one of the most valuable assets operators ever can have — cash ... [Read More]
UPDATED: Agora offering another free webinar on handling extreme cashflow challenges
Friday, Mar. 20, 2020, 01:29 PM
BHPH Report Staff
Editor's note: Due to unprecedented demand for this information, Agora Data is hosting another free webinar at 1 p.m. ET on Thursday. Registration can be completed here. Agora Data is offering a free informational webinar for independent and buy-here, pay-here dealers ... [Read More]
GIADA to hold webinar to help independent stores retain state licenses
Thursday, Mar. 19, 2020, 01:51 PM
BHPH Report Staff
Stemming from calls for social distancing to curtail the spread of the coronavirus, the Georgia Independent Automobile Dealers Association (GIADA) is hosting a webinar so operators can meet their continuing-education requirements needed for state license renewal by the end of ... [Read More]
Bankruptcy filings steady in February with future increases expected
Tuesday, Mar. 17, 2020, 02:10 PM
BHPH Report Staff
On Monday, the American Bankruptcy Institute (ABI) reported nearly steady movements in total and consumer filings for February, but experts fully anticipate significant changes coming as a result of the COVID-19 pandemic impact on the economy. According to data provided ... [Read More]
ABCoA Deal Pack integrates with QuotePro Kiosk
Thursday, Mar. 12, 2020, 01:46 PM
BHPH Report Staff
Advanced Business Computers of America (ABCoA) made a move this week to help independent and buy-here, pay-here dealers collect payments from their customers accurately and safely. ABCoA Deal Pack announced it is fully integrated with QuotePro Kiosk. Dealers utilizing ABCoA’s ... [Read More]
North Carolina AG secures $160K judgment against 2 independent dealers
Thursday, Mar. 12, 2020, 01:44 PM
BHPH Report Staff
A pair of North Carolina independent dealers received a six-figure penalty from the state’s attorney general. This week, North Carolina attorney general Josh Stein announced that his office won a consent judgment against Nathaniel Thomas Brown and Samuel Ross Ketner ... [Read More]
Byrider reopens store near Chicago
Tuesday, Mar. 10, 2020, 02:46 PM
BHPH Report Staff
Byrider returned to stake a claim in the Windy City market with a revamped store about 30 minutes from downtown Chicago. The chain of buy-here, pay-here dealerships recently re-established itself in Bridgeview, Ill. In celebration of the grand opening, Byrider ... [Read More]
‘Holistic approach’ begins with Ignite’s Compliance Unleashed conference
Tuesday, Mar. 3, 2020, 04:40 PM
BHPH Report Staff
Editor's note: This report has been updated to note the event has been rescheduled for Aug. 24-26 because of the coronavirus pandemic. Compliance for buy-here, pay-here dealerships and finance companies that specialize in the subprime credit space can be extremely ... [Read More]
Arizona officials make headway against curbstoning
Thursday, Feb. 27, 2020, 03:57 PM
BHPH Report Staff
Recent efforts by the Arizona Independent Automobile Dealers Association in conjunction with state authorities resulted in a reduction of a notable threat to independent operators — curbstoning. According to a news release from the Arizona Department of Transportation (ADOT), state ... [Read More]
Car-Mart seeing uplift from online credit applications
Tuesday, Feb. 25, 2020, 04:10 PM
Nick Zulovich, Senior Editor
Earlier in its fiscal year, America’s Car-Mart began to make its credit application available online, so the chain of buy-here, pay-here stores could begin the underwriting process with potential buyers before they arrive at one its dealerships. After announcing operating ... [Read More]
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