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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

Equifax & NIADA hosting free webinar about credit reporting during pandemic

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BHPH Report Staff
With millions of individuals losing their jobs during the coronavirus pandemic, auto-finance companies and buy-here, pay-here dealers with related finance companies often have been working with their customers on deferments and other payment modifications, triggering a host of questions about ... [Read More]

NIADA wants BHPH operators’ related finance companies covered by CARES Act

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BHPH Report Staff
The National Independent Automobile Dealers Association is seeking clarity from federal officials to help one of the most crucial parts of a buy-here, pay-here operator’s business — their related finance company. According to a news release distributed on Monday, NIADA ... [Read More]

PrimaLend joins roster of NIADA partners

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BHPH Report Staff
Amid the crisis, the National Independent Automobile Dealers Association reinforced its stable of partners this week. According to an announcement from NIADA, PrimaLend Capital Partners, a Dallas-based commercial lender, has teamed with the association as a new Bronze-level National Corporate ... [Read More]

Byrider names new chief marketing officer

byrider building for web
BHPH Report Staff
According to a post on the company’s LinkedIn page, Byrider recently named a new chief marketing officer. The buy-here, pay-here franchise company with more than 160 locations recently welcomed Walter Scott, who most recently held an executive role at Advance ... [Read More]

Details about free access to AgoraInsights

AgoraInsights for web
BHPH Report Staff
Agora Data is trying to give buy-here, pay-here dealers every tool necessary to navigate through these challenging times. On Monday, the firm released its newest BHPH dealer focused feature — AgoraInsights — which is designed to provide contract originators with ... [Read More]

Q1 bankruptcy data seen as ‘a calm before the storm’

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BHPH Report Staff
The latest bankruptcy filing data is being described as “a calm before the storm,” as businesses have been turned upside down because of the coronavirus pandemic. According to data provided by Epiq Systems, the American Bankruptcy Institute (ABI) reported that ... [Read More]

Dealer Profit Pros shares guide for dealership staff working at home

best practices
BHPH Report Staff
For many dealership employees, working from home might be a bit unknown since so many regular activities happen at the showroom. To help store managers and their employees during the coronavirus pandemic, Dealer Profit Pros founder and president Kenny Atcheson ... [Read More]

UPDATED: NIADA hosting free webinar about CARES Act

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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

Blog_AgoraInsightsWebinar for website
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

training
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]

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