Buy-here, pay-here operators who need recommendations on improving deal jacket compliance, securing more money from customers’ tax refunds and details of a significant accounting change — and who want all of this information for a discounted price — need to ... [Read More]

Ken Shilson called it one of the “most significant accounting changes buy-here, pay-here operators will ever encounter.” The founder of the National Alliance of Buy-Here, Pay-Here Dealers referenced how the American Institute of Certified Public Accountants passed new credit loss measurement ... [Read More]

The National Independent Automobile Dealers Association highlighted how its members continued to expand their already considerable presence in Washington D.C., coming in record numbers to last week’s National Leadership Conference and Legislative Summit. NIADA reported that more than 175 dealers ... [Read More]

After more than a year of dedicated development and collaboration with dealers, DealerSocket will officially release iDMS at the company’s User Summit next week in San Antonio. DealerSocket highlighted that iDMS marks the first of several upcoming product launches for ... [Read More]

Independent and buy-here, pay-here dealers from across the U.S. are arriving in the nation's capital today for one of their association's most significant events of the year. The National Independent Automobile Dealers Association's National Leadership Conference and Legislative Summit convenes ... [Read More]

As U.S. commercial bankruptcy filings continue to surge higher, the American Bankruptcy Institute noticed an uptick in consumer filings in August, too. According to data provided by Epiq Systems, total bankruptcy filings increased 1 percent to 68,495 in August, slightly ... [Read More]

GPS tracking solutions provider PassTime finalized a strategic partnership on Tuesday with Customized Dealer Financial Solutions (CDFS), which can provide underwriting predictive modeling and analytics to buy-here, pay-here dealerships to help reduce their repossessions and improve their profitability and cash ... [Read More]

SiriusXM and DriveTime Automotive Group, which operates 140 dealerships across the country and turns more than 145,000 vehicles annually, announced on Thursday that its customers will now receive a three-month subscription to the SiriusXM All Access package when purchasing any ... [Read More]

Advanced Lending & Portfolio Services (ALPS), a division of Westlake Financial Services, announced the acquisition of a $5.9 million bulk auto-loan portfolio from a financial institution in Tyler, Texas. Officials highlighted the portfolio consists of more than 750 contracts from ... [Read More]

In an effort to boost its commitment to buy-here, pay-here operators, dealer management software provider Frazer Computing became the newest member of the National Independent Automobile Dealers Association's National Member Benefit Program this week. While it is new to the ... [Read More]