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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

3 questions to ask when assessing first half of 2015 in BHPH

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Ken Shilson, NABD & Subprime Analytics
The first half of 2015 is now complete, and for most buy-here, pay-here dealers it has been extremely challenging. Competition from credit unions and franchised dealers, together with large subprime asset-backed auto finance securitizations, have reduced the market share of ... [Read More]

Roundup: Car-Mart exec extensions & J.D. Byrider expansion

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BHPH Report Staff
Two of the buy-here, pay-here industry’s largest dealership chains — America’s Car-Mart and J.D. Byrider — each released company updates on Tuesday as one extended the contracts of two top executives while the other expanded its footprint into a new ... [Read More]

Equifax removes reporting minimums for NIADA & NABD members

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Nick Zulovich, Editor
With new survey reports showing independent dealers are fearing a significant decline in customer traffic, Equifax is offering new tools for members of the National Independent Automotive Dealership Association and National Alliance of Buy-Here, Pay-Here Dealers to create what company ... [Read More]

PassTime Raises More Than $10K to Help Employee’s Care

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BHPH Report Staff
PassTime, a provider of GPS and payment assurance technology solutions, announced the company raised more than $10,000 during this year’s National Alliance of Buy-Here-Pay-Here Dealers Conference in Las Vegas. Through its “mustache campaign,” PassTime – a key sponsor and exhibitor ... [Read More]

Total Bankruptcy Filings Drop Again Despite Commercial Uptick

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BHPH Report Staff
While a portion of the commercial segment made a jump, the American Bankruptcy Institute reported total filings in the United States decreased 19 percent year-over-year in May. According to data provided by Epiq Systems, bankruptcy filings totaled 69,286 last month, ... [Read More]

9 Trends from 2014 BHPH Benchmarks

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BHPH Report Staff
The 2014 Buy-Here, Pay-Here Industry Benchmarks didn’t exactly paint the rosiest picture — especially with softening unit sales, which for some operators dropped by as much as 33 percent. The nine general trends Ken Shilson spotted when sharing the latest benchmarks ... [Read More]

April Bankruptcy Filings Drop 12%

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BHPH Report Staff
Impacted in part by the legal costs, the American Bankruptcy Institute indicated total bankruptcy filings in the United States decreased 12 percent in April compared to the same month last years. According to data provided by Epiq Systems, bankruptcy filings ... [Read More]

Wolters Kluwer Financial Services Enhances Platform for BHPH Dealers

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BHPH Report Staff
In an attempt to serve buy-here, pay-here operators, Wolters Kluwer Financial Services released an update to its AppOne platform, including the ability to accommodate multiple payment frequencies. Previously, the software only accommodated a monthly payment frequency. Now, officials highlighted the ... [Read More]

DealerSocket Buys AutoStar Solutions

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BHPH Report staff
DealerSocket announced this afternoon it has bought AutoStar Solutions, a popular dealer management system for buy-here, pay-here and used-car dealers. This news comes after AutoStar Solutions first announced at the end of December that its AutoStar Fusion dealer management system ... [Read More]

70% of Autotrader BHPH Shoppers Use Mobile

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Nick Zulovich, Editor
Autotrader discovered 70 percent of the consumer traffic arriving at its Buy-Here, Pay-Here Center came through mobile devices. That figure, along with many enhancements Autotrader has made to the platform designed specifically for BHPH operators, will be on the agenda ... [Read More]

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