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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

Bankruptcy filings steady in February with future increases expected

bankruptcy 2
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

car and money 1406114906
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

Josh Stein for website
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

byrider store for web
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

Ignite consulting for web
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

city of phoenix
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

Car-Mart for web
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]

NIADA set to welcome Pro Football Hall of Famer Irvin at annual convention

news pic
BHPH Report Staff
A couple of years after hosting college basketball personality Dick Vitale as the keynote speaker for its annual convention, the National Independent Automobile Dealers Association is venturing into another part of the sports world for a headliner at this year’s ... [Read More]

Byrider leadership discusses rebranding success, other company-wide initiatives

byrider store for web
Nick Zulovich, Senior Editor
Craig Peters became Byrider chief executive officer in June 2017. Two years later, the company put in motion a series of changes and improvements. “We rebranded the business, and we really wanted to make sure that we were in a ... [Read More]

Bankruptcy filings begin 2020 by moving higher

bankruptcy 1
BHPH Report Staff
Fueled in part by significant increases in commercial cases, the American Bankruptcy Institute (ABI) reported that total bankruptcy filings rose year-over-year in January. And the sequential increase in filings was even more noticeable. According to data provided by Epiq Systems, ... [Read More]

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