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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

New platform from Advantage GPS connects lot visibility with post-sale vehicle insights

BHPH Report Staff
This week, Advantage GPS unveiled its newest solution built specifically for high-volume buy-here, pay-here and special finance dealers. Designed for both single-location and multi-rooftop operations, the company highlighted Advantage Plus can connect lot management with post-sale vehicle health insights — ... [Read More]

Dealer Controlled Solutions & Car Motivators form strategic partnership targeting LHPH

BHPH Report Staff
In a move to support lease-here, pay-here dealerships, Dealer Controlled Solutions (DCS) and Car Motivators entered into a strategic partnership aimed at transforming the way dealerships maximize profitability while developing high-performance teams. This collaboration merges DCS’s leasing technology and services ... [Read More]

National Lenders names Moreman as CFO

BHPH Report Staff
National Lenders General Agency has a new chief financial officer, effective immediately. On Wednesday, the provider of collateral protection insurance (CPI) and F&I products for independent dealers nationwide announced the appointment of Dan Moreman as CFO. With more than 30 ... [Read More]

4 components of upcoming BHPH/LHPH Software Showcase

Jonathan Hedy for web
BHPH Report Staff
Jonathan Hedy, who is president of Advanced Business Computers of America (ABCoA), explained why he’s organizing a live, online product demonstration event that might include some of his direct competitors vying to serve buy-here, pay-here dealerships. “Dealers deserve to see ... [Read More]

NIADA identifies 4 main topics for upcoming National Policy Conference

BHPH Report Staff
Along with an update from the Federal Trade Commission among other activities, the National Independent Automobile Dealers Association identified four issues that will be addressed during its National Policy Conference, which is the organization’s most significant advocacy event. NIADA and ... [Read More]

Bankruptcy filings jump by double digits again in July

bankruptcy 2
BHPH Report Staff
No matter if they’re filed by individuals or businesses, bankruptcies continue to rise, with July figures illustrating another increase by double digits. According to data provided by Epiq AACER July’s 49,614 total bankruptcy filings represented a 12% increase from 44,452 ... [Read More]

COMMENTARY: Always be prepared & what the Boy Scouts taught me about compliance

Joe Allen, Ignite Consulting Partners
Anyone who knows me knows I like to be ready for just about anything. If someone needs a Band-Aid, gum, Tylenol, I’m usually the guy who’s got it. Not because I’m trying to impress anyone, but because I’ve learned to ... [Read More]

COMMENTARY: Why vehicle flexible leases/subscriptions could replace BHPH for franchised and independent dealers

DriveItAway secures $2M credit line
John Possumato, DriveItAway
In the beginning, vehicles were available to purchase for cash for those with means. Then in 1919, General Motors Acceptance Corp. was created, and car purchases could be financed for the buyer. In the 1980s, consumer vehicle leasing was introduced, ... [Read More]

Recapping crucial regulatory wins in Florida involving asset tracking

BHPH Report Staff
PassTime recently recapped the industry’s lobbying victories in the Sunshine State that arrived in part because of a collaborative effort by the National Independent Automobile Dealers Association, the Florida Independent Automobile Dealers Association and the asset tracking solutions provider. The ... [Read More]

5 ways to cut costs and boost dealer profits

BHPH Report Staff
Big Time Advertising founder and CEO Terry MacCauley acknowledged running a dealership isn’t easy nowadays. Shared earlier this year but still relevant as we get to the dog days of summer, MacCauley highlighted five ways to cut costs and boost ... [Read More]

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