Auto-finance leaders on growth, risk & recovery
It’s a question any business must answer, but it’s especially important in auto finance. How do you balance growth and risk? A trio of industry executives — Mike Goins of TD Bank, Jeff Marsh of Millennium Capital and Recovery and ... Listen Here
Thursday, Jan. 15, 2026, 03:07 PM
Expectations for repossessions in the US & Canada with Purr’s Chris Schellenberger
Purr founder and CEO Chris Schellenberger opened Used Car Week 2025 on the Live Stage presented by SYCN Auto Logistics. Schellenberger, whose unique business model offers a retail consignment platform for repossessed vehicles, discussed what the repo industry could be ... Listen Here
Wednesday, Jan. 14, 2026, 07:48 PM
Robert Guerrero of ClaimBuyout on inventory opportunities for dealers via repairable vehicles
Robert Guerrero spent nearly 14 years as an executive with Insurance Auto Auctions, so he understands the complexities of damaged vehicles, distraught owners, auto insurers and repair shops. Now as the president and co-founder of ClaimBuyout, Guerrero explained how damaged ... Listen Here
Tuesday, Jan. 13, 2026, 07:19 PM
Tricolor augments offering to credit-invisible consumers with insurance package
Tuesday, Aug. 13, 2019, 03:49 PM
BHPH Report Staff
Tricolor made another move on Tuesday to grow its business that focuses on the sale and financing of vehicles to the Hispanic consumer. Tricolor unveiled what it called a “groundbreaking, affordable” auto insurance option for low-income and credit invisible customers ... [Read More]
Bankruptcies make notable jump in July
Thursday, Aug. 8, 2019, 05:29 PM
BHPH Report Staff
Buy-here, pay-here dealerships might see their potential buyer base grow as summer rolls along, stemming from the jump in bankruptcies filed in July. According to data provided by Epiq Systems, the American Bankruptcy Institute (ABI) reported this week that total U.S. ... [Read More]
NIADA sets more records during national convention
Thursday, Aug. 1, 2019, 02:58 PM
BHPH Report Staff
As the association announced Oliver North as keynote speaker for its annual event on Capitol Hill coming next month, the National Independent Automobile Dealers Association highlighted the final results from its national convention this past June. And as they say, ... [Read More]
Tricolor and Ganas leverage WhatsApp integration to reach Hispanic car shoppers
Tuesday, Jul. 30, 2019, 02:44 PM
BHPH Report Staff
The Tricolor Auto Group in Texas and the Ganas Auto Group in California are again using technology to reach potential Hispanic customers. LivePerson Automotive, a division of global conversational commerce solutions provider LivePerson, recently launched its first WhatsApp implementation for ... [Read More]
Auto Care Association reveals board members, growth of Capitol Hill organization
Thursday, Jul. 18, 2019, 03:28 PM
BHPH Report Staff
As its Capitol Hill organization reached a new threshold of participating federal lawmakers, the Auto Care Association recently announced the elected members of its board of directors for 2019-2020. This board is effective as of July 1. The members of ... [Read More]
NIADA unveils compliance management system with ComplyNet
Friday, Jul. 12, 2019, 04:26 PM
BHPH Report Staff
The National Independent Automobile Dealers Association is looking to give members all the resources they need to be compliant with the state and federal regulations that oversee their retail and financing operations. As a result, NIADA recently formed a strategic ... [Read More]
Family pleads guilty for using Texas BHPH dealership to launder gambling proceeds
Thursday, Jul. 11, 2019, 02:36 PM
BHPH Report Staff
The Justice Department received guilty pleas from an east Texas buy-here, pay-here dealer, his wife and son in connection with a scheme to use the dealership as a cog in an illegal gambling machine that lasted more than 30 years. ... [Read More]
Bankruptcy filings remain steady through first half of 2019
Thursday, Jul. 11, 2019, 02:34 PM
BHPH Report Staff
While many economic and auto-finance metrics moved up or down during the first half of 2019, the American Bankruptcy Institute discovered total bankruptcy filings were not among those trends. According to data collected by Epiq Systems, ABI reported that total ... [Read More]
DealerSocket’s plan to create ‘buy-here, pay-anywhere’ operations
Tuesday, Jul. 2, 2019, 03:34 PM
BHPH Report Staff
DealerSocket is looking to help buy-here, pay-here dealerships improve one of the most important parts of their business — the “pay” segment. This week, DealerSocket rolled out several major enhancements designed to seamlessly integrate and simplify workflows related to the ... [Read More]
Economic impact of GPS outage could approach $1B daily
Thursday, Jun. 27, 2019, 02:44 PM
BHPH Report Staff
Oftentimes, one of the sharpest tools in a buy-here, pay-here dealership’s arsenal is using GPS devices to track their collateral in an effort to maintain contact with customers or begin the repossession process. But what if GPS suddenly became unavailable ... [Read More]
X