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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

Spireon introduces refreshed GPS recovery tool

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BHPH Report Staff
Spireon announced updates to Recovery Link — a feature of its one-step GoldStar GPS solutions vehicle recovery system for buy-here, pay-here dealers — which can allow them to automatically send recovery agents locator intelligence on the location of lapsed vehicles through text ... [Read More]

NIADA leads effort to prevent GPS device ban in NJ

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Nick Zulovich, Senior Editor
Good news for buy-here, pay-here dealerships in New Jersey — and perhaps in other states, too. Garden State dealers can continue to utilize GPS and starter-interrupt devices. The National Independent Automobile Dealers Association capped a prolonged lobbying effort with a ... [Read More]

NIADA adds 2 organizations to National Member Benefit program

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BHPH Report Staff
NIADA recently welcomed two more members of the National Independent Automobile Dealers Association's National Member Benefit program. The pair includes the Coordinating Committee for Automotive Repair and American Solutions for Business. The Coordinating Committee for Automotive Repair (CCAR) is a ... [Read More]

NABD outlines conference agenda in ‘changing world’

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BHPH Report Staff
The National Alliance of Buy-Here, Pay-Here Dealers recently announced the details of its 19th annual BHPH Conference at the Wynn/Encore in Las Vegas on May 23 through May 25. NABD president Ken Shilson explained that the theme of this show ... [Read More]

How 2 major players navigated tax-refund delay

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Nick Zulovich, Senior Editor
Think your buy-here, pay-here operation has been the only one impacted by the delayed release of tax funds to certain consumers? One of the largest BHPH players as well as a finance company that books plenty of non-prime originations discussed ... [Read More]

February bankruptcy filings off by 10% year-over-year

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BHPH Report Staff
After climbing for two consecutive months, the American Bankruptcy Institute noticed filing volume tapered off in February as total U.S. bankruptcy filings decreased 10 percent year-over-year. According to data provided by Epiq Systems, bankruptcy filings totaled 58,336 in February, down ... [Read More]

When bad news is good for buy-here, pay-here

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Ken Shilson, NABD & Subprime Analytics
Recent press about subprime auto loan performance has highlighted concerns about this market segment. Some has said, “The Federal Reserve recently expressed concern that delinquencies among auto borrowers with weak credit has been rising.” A recent article in USA Today ... [Read More]

Va. dealership caught retailing salvage vehicles with tampered odometers

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BHPH Report Staff
A Georgia man running a Virginia dealership retailing repaired salvage units pleaded guilty to operating an odometer fraud scheme involving more than 100 vehicles, according to an announcement from the Department of Justice.  Officials said last week that Paul Robinson, ... [Read More]

Interstate Title Solutions partners with NIADA

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BHPH Report Staff
This week, Interstate Title Solutions (ITS) joined with the National Independent Automobile Dealers Association as its newest National Member Benefit partner, offering NIADA members discounted access to its out-of-state tax, title and registration tool. DMV Nationwide, a web-based tool paired ... [Read More]

Webb sees BHPH dealers ‘in better position’

tom webb for BHPH
Nick Zulovich, Senior Editor
Cox Automotive chief economist Tom Webb acknowledged the past few years probably constituted the most difficult span ever encountered by buy-here, pay-here dealers. Finance companies specializing in the subprime space took on contracts deeper down the credit spectrum, leaving operators ... [Read More]

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