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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

February dip in bankruptcies in line with annual forecast

bankruptcy
BHPH Report Staff
Still reinforcing a projection that bankruptcy filings would could to decrease this year, the American Bankruptcy Institute reported that total U.S. bankruptcy filings dipped just 1 percent in February compared to the same period last year. According to data provided ... [Read More]

PassTime prevails in patent validity challenge

columns
BHPH Report Staff
PassTime recently announced that the United States Patent and Trademark Office invalidated the entirety of a patent owned by LunarEye that was the subject of a patent lawsuit claiming infringement by certain PassTime products. The patent, No. 6,484,035, had claimed ... [Read More]

Ace Motor Acceptance expands into Texas and Mississippi

money 1
BHPH Report Staff
Buy-here, pay-here dealership capital provider Ace Motor Acceptance Corp. recently announced the expansion of its footprint of where the company provides services. Ace Motor Acceptance now can work with operators in Texas and Mississippi. After experiencing growth of more than 50 ... [Read More]

7 key drivers for success during tax refund season

Tax refund stock image
Mark Dubois, Dealer Performance and Consulting
By the time this article is published, buy-here, pay-here dealers will be well into the 2016 tax refund season. The good news is that tax refund advances are back for the first time since 2012.  The bad news is that refunds ... [Read More]

4 ways to navigate tough road to BHPH success

Iowa highway
Ken Shilson, NABD
Operating successfully in the buy-here, pay-here industry has become more challenging due to increased regulatory pressures and competition. Independent BHPH dealers have lost approximately 33 percent of their market share during the last 24 months, and best operating practices are ... [Read More]

PassTime unveils new brand logo and website

new passtime for BHPH
BHPH Report Staff
On Wednesday, PassTime introduced the company’s new corporate brand, logo and redesigned website. The GPS tracking solutions provider explained the rebranding effort is designed to reflect the evolution of the company as well as its direction for the future.  The ... [Read More]

Skypatrol launches mobile payment capabilities

evaluating car with cell phone
BHPH Report Staff
GPS tracking solutions provider Skypatrol rolled out what it dubbed Remote Auto Payment for vehicle finance companies and buy-here, pay-here dealers through the Skypatrol mobile app. The company highlighted borrowers will now be able to pay on their vehicle installment ... [Read More]

5 data-driven strategies to acquire more customers

buying car 8
BHPH Report Staff
With more tax refund money coming into potential buyers hands, DealerSocket unveiled a five-step customer acquisition plan for independent and buy-here, pay-here dealers on Tuesday. Backed by the company’s most recent internal data and a survey of dealerships nationwide, DealerSocket ... [Read More]

January bankruptcy filings drop 11 percent

bankruptcy 2
BHPH Report Staff
Bankruptcy filing trends to begin 2016 mimicked the ones observers noticed as last year concluded. The American Bankruptcy Institute reported that total U.S. filings decreased 11 percent year-over-year in January. According to data provided by Epiq Systems, bankruptcy filings totaled ... [Read More]

IRS says return system back up & running

Tax refund stock image
BHPH Report Staff
The latest update from the Internal Revenue Service should calm concerns from buy-here, pay-here dealers looking for potential buyers to have income tax refund monies available for possible down payments or for current customers to get their contract out of the ... [Read More]

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