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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
Vincenzo Ciampi of iA Financial Group
Next up on the Canada’s Used Car Week Live Stage is Vincenzo Ciampi . who is senior vice president, of auto finance and dealer services for Canada at iA Financial Group. Ciampi talks with Cherokee Media Group’s Joe Overby about ... Listen Here

Arkansas operator secures $3.5M from Westlake ALPS

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BHPH Report Staff
An operator who tries to sell used vehicles to credit-challenged consumers throughout Arkansas received a financial shot in the arm on Tuesday from Westlake Advanced Lending & Portfolio Services (ALPS). Westlake ALPS, a division of Westlake Financial Services, finalized the ... [Read More]

DealerSocket making rounds to 7 states for dealer shows

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BHPH Report Staff
For dealers who couldn’t make it to Las Vegas for the national events orchestrated by the National Alliance of Buy-Here, Pay-Here Dealers or the National Independent Automobile Dealers Association earlier this year, DealerSocket is going on a road trip to ... [Read More]

16 tips to combat theft by dealership employees

businessman selects hire
BHPH Report Staff
Automotive Compliance Consultants president Terry Dortch recapped what he described as “sad and unfortunate” news about employee crimes against dealers. Before going into a few tips for protecting the dealership against such activities, Dortch highlighted a few recent headlines about ... [Read More]

Bankruptcy filings at year’s midpoint down 6%

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BHPH Report Staff
Bankruptcy figures from the first half of the year that might impact buy-here, pay-here dealers the most showed a notable year-over-year decline in the amount of consumers who might arrive at stores having filed since January. According to data provided ... [Read More]

Wayne Reaves Software finalizes integration with F&I Express

integration button
BHPH Report Staff
A little more than a month after Wayne Reaves Software rolled out an enhancement to its current platform that can provide the capability for buy-here, pay-here dealers to furnish credit data to Equifax, the DMS provider completed an integration with ... [Read More]

With record attedance, 91.5% of NIADA Convention goers satisfied

NIADA picture for BHPH
BHPH Report Staff
Before the 2016 NIADA Convention and Expo had begun, it was already a record-breaker. Now that the final numbers are in, the extent by which that record was broken is clear – and the National Independent Automobile Dealers Association says ... [Read More]

DealerSocket integrates with ProPay to expand payment processing options

credit card machine
BHPH Report Staff
DealerSocket’s FEX DMS has added to independent dealers’ payment processing options by fully integrating with ProPay’s LenderPay platform, a credit processing platform for complete, end-to-end payment solutions that are designed to be simple, secure and affordable. The company highlighted this ... [Read More]

May commercial bankruptcies jump 32%

bankruptcy
BHPH Report Staff
While the overall figure decreased on both a sequential and annual basis, the American Bankruptcy Institute attempted to find the source as to why total U.S. commercial bankruptcy filings spiked 32 percent year-over-year in May. According to data provided by ... [Read More]

NIADA survey: 34% to increase workforce as sales expectations dip

family business
Nick Zulovich, Senior Editor
Of the more than 150 independent dealerships included in Equifax’s latest edition of the National Independent Automobile Dealers Association Business Confidence Survey, a total of 34 percent indicated an anticipation of adding personnel within the next year, even though the ... [Read More]

J.D. Byrider welcomes new franchisee in Denver

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BHPH Report Staff
J.D. Byrider recently expanded its buy-here, pay-here dealership footprint in Colorado by bringing a new franchisee in the process. The newest J.D. Byrider dealership is in Denver. It's the second store in Colorado but the first one for franchisee Rick Steenbock. ... [Read More]

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