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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
Wide-ranging car-business conversation with Lotlinx chairman and CEO Len Short
Lotlinx chairman and CEO Len Short firmly believes car dealers are the most resilient operators in any business. During this episode of the Auto Remarketing Podcast, Short explained why he is anticipating dealers showing that resilience again because it’s needed ... Listen Here
Path to delivering education in Spanish with Ignite Dealer Compliance Group
Steve Levine has dozens of dealer clients with Spanish as their native language. Those dealers also have hundreds of Hispanic customers who cannot speak or understand English. To fill compliance and training gaps created by language challenges, the owner of ... Listen Here

Tricolor and WorkRecords collaborate on new credit score for hourly workers

strategy picture
BHPH Report Staff
An operation with deep roots in buy-here, pay-here is rolling out a solution within the alternative-data space. Tricolor, one of the nation’s largest used-vehicle retailers focusing on Hispanic consumers, announced that it has reached a licensing agreement with WorkRecords to ... [Read More]

Proactive Dealer Solutions highlights BDC video education series

best practices
BHPH Report Staff
Buy-here, pay-here dealers who are looking to bolster their business development centers now have another training opportunity. A new online video education series for automotive retailers — PDS On the Rocks — has attracted the attention of thousands of car ... [Read More]

Q3 begins with rise in bankruptcy filings

bankruptcy 2
BHPH Report Staff
The second half of the year started with an upturn in bankruptcy filings, and an industry leader discussed a possible reason for the movement.  According to data provided by Epiq Systems, the American Bankruptcy Institute reported total U.S. filings increased ... [Read More]

2018 NIADA Convention sets attendance record and more

NIADA dealer luncheon
BHPH Report Staff
Here are more numbers that might please independent dealerships. The 2018 NIADA Convention and Expo might have been the 72nd such event in the National Independent Automobile Dealers Association’s long history, but it is No. 1 in all sorts of ... [Read More]

Verdict upheld against Texas BHPH dealer and why all operators need to pay attention

legal analysis
Steve Levine, Ignite Consulting Partners
This one cuts close to home because the dealer in question is local to us at Ignite Consulting Partners, and I fear that a significant number of BHPH dealers are similarly vulnerable. And now, there is yet another case on ... [Read More]

Frazer finalizes integrations with AGORA and Textmaxx Pro

partnership
BHPH Report Staff
Frazer Computing is making sure its dealer management system can help buy-here, pay-here dealerships with two critical functions — potentially selling parts of their portfolio as well as texting with their customers. Most recently, AGORA, a Texas-based provider of technology ... [Read More]

FLOCK Specialty Finance partners with Kennesaw State University to examine portfolio data and trends

Kennesaw state picture
BHPH Report Staff
Specialty financing and associated portfolios certainly are far from elementary, which is why the topics are now going to be examined within the world of higher academics. FLOCK Specialty Finance has partnered with Kennesaw State University to create a new ... [Read More]

October BHPH conference set for Las Vegas

ken shilson for BHPH october show story
BHPH Report Staff
Operators can get some treats ahead of Halloween as the biggest buy-here, pay-here specific event of the year is headed back to Las Vegas. The NABD Buy-Here, Pay-Here Subprime Conference, powered by the National Independent Automobile Dealers Association, is set ... [Read More]

Halfway through 2018, bankruptcy filings down 3 percent

bankruptcy 1
BHPH Report Staff
At the year’s halfway point, bankruptcy filings are down year-over-year, according to figures distributed by the American Bankruptcy Institute. Data provided by Epiq Systems showed total bankruptcy filings during the first six months of the year decreased 3 percent to ... [Read More]

4 store developments involving Car-Mart and DriveTime

drivetime in woodbridge for BHPH
BHPH Report Staff
America’s Car-Mart and DriveTime combined to make four moves involving their dealership network in four different states during the past month. DriveTime shared developments in connection with three locations, including the opening of a new dealership in Woodbridge, Va. DriveTime’s ... [Read More]

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