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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

LHPH and Advantage Funding Align for Subprime Financing Program

Nick Zulovich
SAN DIEGO — LHPH, a provider of services to the lease-here, pay-here and buy-here, pay-here industries, recently formed an exclusive relationship with Advantage Funding to provide financing for select dealers.  Officials explained LHPH and Advantage Funding worked together for more ... [Read More]

Dealertrack Launches Site So Managers Can Evaluate Health of Store Website

Nick Zulovich
LAKE SUCCESS, N.Y. — Dealertrack Technologies proposed a simple question on Tuesday, asking principals and managers how healthy their store website is. To gauge the status, the company launched a free Website Health Check Quiz while also giving dealers the ... [Read More]

Strategies for Successful Vendor Management for Auto Lenders Amid CFPB Oversight

Nick Zulovich
BROOKFIELD, Wis. — Fiserv's Craig Carrow has a list of five keys to successful remarketing, four of which deal with topics like lower turn time, increased returns, lower operational costs and streamlined operational processing — all of which are fairly ... [Read More]

Daughtry: Reasons To Say ‘Yes’ To Profitable BHPH Service Contracts

Nick Zulovich
OVERLAND PARK, Kan. — Fourteen years ago I became a manager of a BHPH operation associated with a large multi-franchise dealer group in Texas. We had a related finance company with a $17 million portfolio. There were 2,500 open loans ... [Read More]

Hudson Cook Sets Up New York Office with Former Chase Counsel

Nick Zulovich
HANOVER, Md. — Hudson Cook established the firm's New York office with the recent addition of its newest partner. Joining the provider of legal compliance services for the financial services industry is Jeff Levine Hudson Cook highlighted Levine's practice will ... [Read More]

J.D. Byrider Highlights Why Franchisee Growth Remains Strong

Nick Zulovich
CARMEL, Ind. — After 25 years and now 150 stores in its buy-here, pay-here network, J.D. Byrider contends it has this new franchisee launch program down pretty nicely. Vice president of franchise sales Jack Humbert pointed to a host of ... [Read More]

Average APR and Terms for Q2 Used Sales at Franchised Stores

Nick Zulovich
SANTA MONICA, Calif. — Along with data about how many used-vehicle contracts written at franchised dealerships are bringing in some negative equity, Edmunds.com shed light on term length, APR and more about second-quarter used-vehicle sales at franchised stores. Edmunds.com determined ... [Read More]

NAF Association Schedules 18th Annual Non-Prime Auto Financing Conference

Nick Zulovich
HANOVER, Md. — Officials from the National Automotive Finance Association set the dates for its next Non-Prime Auto Financing Conference, an event that will mark its 18th year in 2014. NAF Association's next annual event will be conducted on May ... [Read More]

DealerCentric Launches New Tool to Protect Dealers from Scammers with Fake IDs

Nick Zulovich
MISSION VIEJO, Calif. — Finance management system provider DealerCentric Solutions this week rolled out what it's calling ID Drive, a patent-pending identification scanner technology aimed at giving dealerships protection against fake IDs and identity theft. Developed in partnership with AssureTec ... [Read More]

BillingTree: How Evolving Payment Technologies Can Benefit Auto Finance Companies

Nick Zulovich
PHOENIX — Recent figures suggest that consumers are back to buying vehicles at a pre-recession pace, but their shopping and payment habits are changing with the Web now the most influential source. The consumer is now demanding different finance options ... [Read More]

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