BHPH Report Staff

Refunds associated with federal income tax returns remain a crucial potential revenue stream to buy-here, pay-here dealers either as a pathway to deferred down payments or a method customers can use to become current again on their accounts. Well, the Internal Revenue Service issued a warning about a new twist on an old... Read More

BHPH Report Staff

REPAY – Realtime Electronic Payments made two significant moves this week. First, REPAY expanded its footprint in the automotive industry and deepened integration capabilities with the acquisition of PayMaxx Pro. Then, REPAY announced a new partnership with PassTime. REPAY chief executive officer John Morris... Read More

BHPH Report Staff

Now that DriveTime has its new top executive in place, the retailer that caters to buyers with damaged credit histories unveiled its news marketing initiative. This week, DriveTime launched what the company called its “The Genius Way to Buy a Car” campaign. The national spots showcase two fictional... Read More

TIADA to help market NIADA CPO Program

BHPH Report Staff

The Texas Independent Automobile Dealers Association and the National Independent Automobile Dealers Association are both located in the Lone Star State and already have a close relationship. That connection became even stronger on Tuesday in a development that could help Texas buy-here, pay-here operators and... Read More

DriveTime selects new CEO

BHPH Report Staff

DriveTime chose a leader with plenty of experience in the franchised dealer group world to be its new chief executive officer. According to an announcement distributed on Monday, Don Reese will join DriveTime as its new CEO beginning in late March. Reese will also be appointed to the DriveTime Automotive Group and... Read More

Nick Zulovich, Senior Editor

When the National Independent Automobile Dealers Association (NIADA) finalized its acquisition of the National Alliance of Buy-Here, Pay-Here Dealers (NABD) this past December, the last thing Ken Shilson wanted to do was just power down his computer and never look spreadsheets or other financial documents and... Read More

3 advantages of automated billing within BHPH

Thomas Aronica, SkyBank Financial and Biller Genie

There is, perhaps, no better illustration of the “with great risk, comes great reward” concept than buy-here, pay-here. However, the advent of automated billing systems has decreased the risks associated with this market while improving cash flow and profits for these dealerships. In short, these systems... Read More

8 features of DriveTime’s refurbished mobile site

BHPH Report Staff

With more consumers shopping for their next car using their mobile devices, DriveTime wanted to upgrade its offerings in an effort to capture those potential sales. On Tuesday, DriveTime announced the launch of a new mobile site with innovations designed to extend to both the customer experience and the technology... Read More