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Matt Babcock of Wolters Kluwer on how digital transformation continues to gain steam in auto financing
Matt Babcock, who heads up digital lending product strategy for Wolters Kluwer, returned for another visit on the Auto Remarketing Podcast. Wolter Kluwer recently released its latest quarterly Auto Finance Digital Transformation Index. Babcock recapped the sustained upward trajectory the ... Listen Here
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

Ituran USA and Auto Master integrate software to streamline collections and more

partnership
BHPH Report Staff
Buy-here, pay-here operators who use products from Ituran USA and Auto Master Systems now can benefit from these two systems working together. The GPS solution provider and dealership management system (DMS) recently finalized integration. The companies highlighted that all Auto ... [Read More]

Will cash method soon be a choice for BHPH dealerships?

Federal reserve
John Donaldson and Ken Shilson
So you have heard over the years that independent dealers cannot use the cash method of accounting and must use the accrual method, which is correct. You have been told about the benefits of a related finance company and how ... [Read More]

October bankruptcy filings move higher

bankruptcy 1
BHPH Report Staff
Despite what experts see as an obstacle to filing, the American Bankruptcy Institute (ABI) noticed that the total amount of consumers and businesses seeking this legal financial shelter rose in October both sequentially and year-over-year. According to data provided by ... [Read More]

First-time attendees rave about NABD’s fall event

business excellence
BHPH Report Staff
Ken Shilson, president of the National Alliance of Buy-Here, Pay-Here Dealers, reported that more than 50 percent of the surveyed attendees who came to the recent Fall BHPH Conference had never been to an NABD event previously. Evidently, those operators ... [Read More]

Cordray makes final plea to Trump about arbitration rule

Richard Cordray for SPN
Nick Zulovich, Senior Editor
To use sports analogies, the letter might be a Hail Mary on the last play of a football game or swinging for the fences with two outs in the bottom of the ninth inning of a baseball game. On Monday, ... [Read More]

From the editor: More CFPB noise and dealer victories

board-room
Nick Zulovich, Senior Editor
Twice now in roughly the past month, the Consumer Financial Protection Bureau largely became the conversation topic when a collection of dealers gathered, and raucous sounds filled a hotel venue. In September, a fire alarm triggered a brief evacuation as ... [Read More]

9 benefits of PaymentVision integration with QuotePro Kiosk

money-stack
BHPH Report Staff
PaymentVision and QuotePro Kiosk recently finalized a partnership and planned integration that will expand payment processing options for QuotePro Kiosk’s buy-here, pay-here dealership clients and provide kiosk services to PaymentVision clients. The companies indicated the integration should be completed later ... [Read More]

Bankruptcy filings trend lower through three quarters of 2017

bankruptcy 2
BHPH Report Staff
Through the first three quarters of 2017, total bankruptcy filings have dipped a bit year-over-year. The American Bankruptcy Institute reported this week that total U.S. bankruptcy filings fell one percent during the nine-month span that concluded on Sept. 30. According to ... [Read More]

NIADA celebrates accomplishments during Capitol Hill visit

richard shelby for BHPH
BHPH Report Staff
NIADA members left an opportunity to meet with a variety of federal lawmakers and their staffs with a sense of accomplishment in relaying what it’s like to be an independent dealerships nowadays. The National Independent Automobile Dealers Association's National Policy ... [Read More]

J.D. Byrider hit with lawsuit from Massachusetts attorney general

auto-auction
BHPH Report Staff
J.D. Byrider is facing a lawsuit from the Massachusetts attorney general filled with allegations about its business practices and the quality of its vehicles. Attorney General Maura Healey has sued J.D. Byrider, which has four buy-here, pay-here franchises in Massachusetts, for ... [Read More]

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