Car-Mart steers observers away from ‘wrong conclusion’ about fiscal-year results & current status
Thursday, Jul. 16, 2026, 11:24 AM
Former Denny’s CEO joins Byrider’s board
Tuesday, Jul. 21, 2026, 12:17 PM
AutoRaptor generates positive gains for AI solutions following NIADA partnership & convention
Tuesday, Jul. 21, 2026, 12:18 PM
Additional insight into FTC’s move involving disparate impact from Hudson Cook
The Federal Trade Commission recently announced it will not pursue claims based on disparate-impact or “unfair discrimination” theories. In this episode of the Auto Remarketing Podcast, Hudson Cook partners Erica Kramer and Rob Tilley offered some historical perspectives and a ... Listen Here
Deeper dive into rising LTVs with TransUnion’s Satyan Merchant
One of the notable findings from TransUnion’s Q2 2026 Credit Industry Insights Report (CIIR) was how much loan-to-value ratios have changed in the past five years. Satyan Merchant, one of this year’s Automotive Intelligence Award recipients and senior vice president ... Listen Here
PayNearMe chief product officer John Minor on intersection of payments & technology
PayNearMe recently shared new search, explaining that hidden costs sustained by auto lenders can show up as failed payments, borrower support calls, late payments, collections follow-up, reconciliation work and manual recovery effort. PayNearMe chief product officer John Minor elaborated about ... Listen Here
Alabama dealer receives NIADA and Cox Automotive Community Service Award
BHPH Report Staff
As the National Independent Automobile Dealers Association revamps its Certified Master Dealer program, an Alabama operator was honored for doing more than just helping customers secure a vehicle. A&D Motors Inc., whose philanthropy has made a difference throughout its small ... [Read More]
NextGear Capital to deploy new auditing tool for dealers
BHPH Report Staff
More dealer assistance is set to arrive this summer, especially for buy-here, pay-here operators who have to juggle the end-to-end process of finding inventory, reconditioning vehicles and finalizing deliveries. Stemming from dealer feedback to make a challenging audit process easier, ... [Read More]
Confident Financial Solutions and WebBank launch loan platform for vehicle repairs
BHPH Report Staff
When the phone rings at a buy-here, pay-here dealership, it’s not uncommon for customers to be calling the store about a vehicle mechanical problem. To help consumers who might not have the financial resources for major repairs, Confident Financial Solutions ... [Read More]
May bankruptcy filings drop 4 percent
BHPH Report Staff
The American Bankruptcy Institute reported May filings dropped both on a sequential and year-over-year comparison. According to data provided by Epiq Systems, total U.S. bankruptcy filings came in at 67,307 in May, representing a 4-percent decrease from the same month ... [Read More]
Westlake rolls out spot insurance program for California dealers
BHPH Report Staff
Buy-here, pay-here dealers in California who watch vehicles roll over the curb with buyers who have insurance challenges can take advantage of a new product offered by Westlake Financial Services. The finance company recently announced a new spot delivery insurance ... [Read More]
Private equity bank looks to deploy $80M in independent dealer space
BHPH Report Staff
For operators looking for capital or how to handle the long-term future of their independent dealerships, perhaps Kelemen & Co. might be a financial resource to tap. On Tuesday, Kelemen, a private equity merchant bank that invests in mid-market companies ... [Read More]
Spireon receives eighth award in last 13 months
BHPH Report Staff
Spireon has claimed another accolade for its mantle. The GPS provider recently was named the IoT Vehicle Telematics Company of the Year in the 2018 Compass Intelligence awards. Voted on by a judging panel of more than 40 industry-leading journalists, ... [Read More]
PassTime and Megasys finalize integration
BHPH Report Staff
Two technology services that a wide array of buy-here, pay-here operators use now have finished a collaboration to help dealerships. PassTime, a provider of GPS solutions, and Megasys, a provider of complete loan servicing systems for the consumer finance industry, ... [Read More]
Optimism wanes according to NIADA Q1 dealer survey
BHPH Report Staff
Perhaps independent dealerships and buy-here, pay-here operators aren’t expecting to see their vehicles roll over the curb at the pace previously seen in recent years. The economic and corresponding retail sales growth expectations of independent dealers were a bit more subdued ... [Read More]
3 steps to help BHPH dealers find true wisdom
Julian Codding, NABD Hall of Fame
Is there a “wisdom” app for my phone? What’s the relative value of intelligence and wisdom? If there is anything that experience teaches, it is that wisdom has a far greater value than intelligence. Even Solomon prayed for wisdom knowing that ... [Read More]
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