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SPONSORED EPISODE: The Buy Online Shift & What Dealers Need to Know Now
In this sponsored episode of the Auto Remarketing Podcast, Cox Automotive’s Jeri Reichel joins us to speak to the evolving Buy Online experience. She shares more about how shopper expectations are changing and what dealers should understand and do as ... Listen Here
The Spark Between EVs & CPO
In light of electric vehicle maker VinFast launching a certified pre-owned program in the U.S., Auto Remarketing senior editor Joe Overby connects with leaders from the EV space to discuss why the segment is a natural fit for CPO and ... Listen Here
Vincenzo Ciampi of iA Financial Group
Next up on the Canada’s Used Car Week Live Stage is Vincenzo Ciampi . who is senior vice president, of auto finance and dealer services for Canada at iA Financial Group. Ciampi talks with Cherokee Media Group’s Joe Overby about ... Listen Here

COMMENTARY: Beyond the credit score & how holistic underwriting drives BHPH success

Title Twins gain more capability through West Virginia’s Clearinghouse
Tiger Okeley, Oak Motors
Not long ago, the buy-here, pay-here industry had a reputation for selling cars to anyone with a pulse. In those days, high-volume and low-selectivity lending practices meant loan approvals were nearly automatic. But rising inventory and account-servicing costs have made ... [Read More]

Kinetic Advantage celebrates fifth anniversary

BHPH Report Staff
Kinetic Advantage provided a dealer floorplan for the first time on Nov. 5, 2020; a point when the pandemic seemingly impacted every part of the car business and beyond. It’s five years later and Kinetic Advantage not only remains in ... [Read More]

Car-Mart explains how $300M loan enhances capital structure ‘at a time of uncertainty in the market’

Campbell to succeed Williams as Car-Mart CEO
BHPH Report Staff
America’s Car-Mart closed the month with an important deal to solidify its long-term finances. On Thursday, the buy-here, pay-here dealership chain announced the closing of a new five-year, $300 million funded term loan facility provided by funds managed by Silver ... [Read More]

BHPH United & PrimaLend ‘part on good terms’

BHPH Report Staff
Another side effect of PrimaLend filing for Chapter 11 bankruptcy last week surfaced soon afterward. Along with being a floorplan provider, PrimaLend was a founding member of BHPH United, which is comprised of seven service providers that organize an annual ... [Read More]

Ignite & NIADA warn dealers about recent CFPB phishing scam

defi SOLUTIONS calls out ‘bluff’ of recent hacker threats
BHPH Report Staff
Both Ignite Consulting Partners and the National Independent Automobile Dealers Association warned dealerships about what they believe to be a phishing scam with fraudsters pretending to be from the Consumer Financial Protection Bureau. In an industry message, Ignite Consulting Partners ... [Read More]

Details of tax season consulting groups specifically for BHPH & independent dealers

Details of upcoming repossession webinars from ARA & Weltman
BHPH Report Staff
Tax Max wants buy-here, pay-here and independent dealers to have clear strategy in place now through the close of federal and state filing seasons. So, the company announced new tax season consulting groups, which will gather each Tuesday via Zoom ... [Read More]

Following capital injection, Kinetic Advantage issues second securitization

BHPH Report Staff
Kinetic Advantage is finding ways to achieve its goals amid a business scene that’s becoming more challenging as evident by bankruptcies being filed by consumers as well as automotive operations. About a week after the independent automotive floorplan financing company ... [Read More]

PrimaLend files Chapter 11 bankruptcy but ‘not going out of business’

BHPH Report Staff
Consumers aren’t the only ones seeking bankruptcy protection nowadays. PrimaLend Capital Partners and Good Floor Loans announced on Wednesday that they are pursuing what the floorplan provider called “a value-maximizing sale” through a voluntary Chapter 11 proceeding in the U.S. ... [Read More]

Carlyle makes multi-part commitment to Kinetic for growth in floorplan financing

money-key
BHPH Report Staff
Global investment firms continue to see opportunities in the automotive sector. A day after a move involving a lender that provides credit to consumers, another transaction came to light on Thursday involving a company that provides financial fuel for dealerships. ... [Read More]

Nearly 400K individuals have filed for bankruptcy so far this year

BHPH Report Staff
Here’s another notable sign about the struggles some consumers are experiencing this year. According to data provided by Epiq AACER, individual Chapter 7 bankruptcy filings through the first three quarters of 2025 jumped 15% compared to the first nine months ... [Read More]

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