I See You're Back in Vegas ... Why?

Gene Daughtry, PLS Financial

Why did you come to Vegas this year? Yes, there is a conference for our industry, and all the major players are here. Many of the best buy-here, pay-here dealers, and other operators who want to be the best, are going to be in the Wynn Resort with you. Then there are the lights, sounds, the tables and all the great... Read More

Tips On When To Upgrade To A Better Employee

Don Jasensky, Automotive Personnel

A decision that every leader has to make is when to upgrade to a better employee. This is always a difficult decision because it means that an employee will likely be terminated or demoted. However, a leader has to see the big picture and make decisions that are best for the organization. This is why we say it is... Read More

AutoTrader.com Unveils Details Of BHPH Center

Nick Zulovich, Editor

AutoTrader.com executive vice president and chief operating officer Alan Smith boiled down the site's primary objective as being the online catalyst to bring vehicle shoppers and dealers together. The company is sharpening that strategy to cater to the buy-here, pay-here market with a new solution that's been in... Read More

Benchmarks Reveal A Challenging 2013

Nick Zulovich, Editor

The numbers point to just how rough the retail sales seas got for some buy-here, pay-here dealers in 2013. According to the BHPH Industry Benchmarks prepared by the National Alliance of Buy-Here, Pay-Here dealers in association with SGC Certified Public Accountants and NCM Associates, sales volume softened by nearly... Read More

Bankruptcy filings drop again in April

BHPH Report Staff

The American Bankruptcy Institute determined total bankruptcy filings in the United States decreased 13 percent in April compared to the same month last year. According to data provided by Epiq Systems, bankruptcy filings totaled 87,954 in April, down from the year-ago figure of 100,770. Officials indicated consumer... Read More

Daughtry: Tax Season Has Ended So Now What?

Gene Daughtry, PLS Financial

What I have heard, from speaking with dealers in different parts of the country, the “now what” answer is as follows: Find some cars. I speak with dealers each month to see what’s happening and keep up with the business. Earlier in the year, I was hearing how the weather was slowing things down, but... Read More

BHPH Report Staff

Compliance will be one of the major focuses as the National Alliance of Buy-Here, Pay-Here Dealers host two national events in less than a week at one of Las Vegas’ most luxurious resorts. First, beginning on May 18, NABD will host its a BHPH Compliance Academy, a program designed for both new and experienced... Read More

Craigslist Marketing Continues To Evolve

Jason Turner, LotVantage

Since the onset of the $5 charge on Craigslist, buy-here, pay-here dealerships have taken on a multitude of approaches regarding how they not only understand this marketplace, but also, more importantly, how they utilize this marketplace to attract customers to visit their stores. The most important thing that we have... Read More