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SPONSORED EPISODE: Rethinking vehicle-protection plans for today’s wide inventory mix with GWC Warranty
Used-car inventory on dealer lots nowadays can range from older, higher-mileage vehicles to EVs, lifted trucks, and modified vehicles. The result is dealers are also having to change the vehicle-protection conversations with customers. In this special sponsored episode of the ... Listen Here
Recapping credit scores & other trends in auto finance with Shams Blanc of FICO
Shams Blanc, head of auto scores at FICO, made another appearance on the Auto Remarketing Podcast to elaborate more about the fall edition of the FICO Score Credit Insights report. Along with recapping what’s going on in auto finance, Blanc ... Listen Here
SPONSORED EPISODE: Greenville Auto Auction Celebrates 16 Years—A look back and a look ahead
On this sponsored episode of the Auto Remarketing Podcast, Bill Zadeits visits with Billy Willis and Kevin Stallings of Greenville Auto Auction. The auction celebrates 16 years in early September, and the guys talk about the history of the sale, ... Listen Here

Buckeye acquires SAS Pros to expand market for reinsurance and F&I products

buckeye sas pros for web
BHPH Report Staff
One of the firms that buy-here, pay-here dealers use to bolster its financing options expanded its presence this week via an acquisition. Buckeye Dealership Consulting, a provider of reinsurance and F&I products for independent operators, announced it has acquired Specialty ... [Read More]

Large Washington state independent dealer lands Mitsubishi franchise

Arrottas_Mitsubishi
BHPH Report Staff
One of the largest independent dealers in Washington state is diversifying — by getting into the franchised-store business. Dan Arrotta, who has operated the used-vehicle and RV superstore Spokane Automax in the Spokane, Wash., area since 2013, now is a ... [Read More]

Byrider, KAR executives receive industry accolade

award winner
BHPH Report Staff
This week, Byrider’s Warren Lenard was named a Chief Technology Officer of the Year honoree through a program orchestrated by the Indianapolis Business Journal and Techpoint. The chief technology officer for the network of buy-here, pay-here dealerships was one of ... [Read More]

Agora Data enhances BHPH coverage with ABCoA Deal Pack integration

agora and abcoa for web
BHPH Report Staff
Coinciding with its appearance this week during the Texas Independent Auto Dealer Association’s 2020 Virtual Conference & Expo, Agora Data announced an integration with Advanced Business Computers of America (ABCoA) Deal Pack and its dealer management software solutions. Agora Data ... [Read More]

PassTime, PayNearMe partner to boost payment confirmation and options

passtime pay near me for web
BHPH Report Staff
PassTime and PayNearMe now are collaborating so finance companies know more details about where their collateral is located while also providing more options to help contract holders make their monthly payments. According to a news release, the partnership combines PayNearMe’s ... [Read More]

Bankruptcies remain down year-over-year, but concern remains

bankruptcy 1
BHPH Report Staff
While overall bankruptcies remain lower year-over-year, a rise in a portion of commercial filings during July has the leader of the American Bankruptcy Institute (ABI) concerned about what might be happening later this year. According to data provided by Epiq, ... [Read More]

Car-Mart grows footprint to 150 stores with new location in Tennessee

Chattanooga
BHPH Report Staff
America’s Car-Mart recently marked the opening of its 150th dealership in one of the largest markets in Tennessee. On the last sales day of July, the chain of buy-here, pay-here dealerships began retail operations in Chattanooga, Tenn. The location is ... [Read More]

Depths consumers are delaying vehicle repairs because of COVID-19

mechanic
BHPH Report Staff
Results of a July survey orchestrated by LendingTree found the depth consumers are putting off vehicle repairs because of tightened household budgets stemming from the coronavirus pandemic, including some figures of individuals who could be buy-here, pay-here dealership customers. The ... [Read More]

June bankruptcy filings drop but reversal anticipated

bankruptcy 2
BHPH Report Staff
What Congressional lawmakers and the White House do in the coming days to enhance federal assistance to help consumers and businesses get through the coronavirus pandemic are likely to impact bankruptcy filings, according to the executive director of the American ... [Read More]

Dealer Profit Pros to host training with money-back guarantee

training
BHPH Report Staff
Dealer Profit Pros founder and president Kenny Atcheson understands two situations facing dealerships today. Operators likely have many questions about how they should steer their stores through the coronavirus pandemic, and they are watching expenses even closer than usual. To ... [Read More]

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