Tuesday, June 4, 2019 - 11:29am

BHPH Report Staff

One of the most successful and well-known operations ever to operate in the buy-here, pay-here dealership segment is changing its name. According to a news release distributed on Tuesday, J.D. Byrider announced a major rebranding, officially changing its name to Byrider. The company highlighted the rebranding includes... Read More

Tuesday, May 28, 2019 - 1:14pm

BHPH Report Staff

It’s been a busy May for Pennsylvania attorney general Josh Shapiro as his office made two moves involving independent dealerships in the Keystone State. Earlier this month, Shapiro reached a settlement approaching $51,000 with a dealership in Mechanicsburg, Pa., involving seven allegations. Then last week, the... Read More

Tuesday, May 21, 2019 - 11:50am

BHPH Report Staff

Typically, conference organizers set an agenda ahead of time, but Ignite Consulting Partners tried a different approach and enjoyed great success with its first compliance-training event. Last week, the firm hosted its inaugural Compliance Unleashed Conference for independent dealers and auto-finance companies as... Read More

Tuesday, May 21, 2019 - 11:43am

BHPH Report Staff

It’s a scenario pretty common to buy-here, pay-here dealerships. Store management tries to satisfy a dispute with an unhappy customer, but that individual turns to the internet to vent — and perhaps badmouth — about the dealer and its personnel. It might cross operators’ minds to put a clause in... Read More

Thursday, May 9, 2019 - 11:30am

BHPH Report Staff

Optimism among small business owners — which certainly can include independent and buy-here, pay-here dealerships — is strong, according to the latest quarterly Wells Fargo/Gallup Small Business Index based on a survey conducted during the first five days of April. Survey results released this week also... Read More

Tuesday, May 7, 2019 - 10:29am

BHPH Report Staff

The second quarter began with a rise in bankruptcy filings. According to data provided by Epiq Systems, the American Bankruptcy Institute (ABI) reported on Monday that total U.S. bankruptcy filings increased in April by 2% year-over-year. Officials tabulated that bankruptcy filings totaled 71,260 in April, up from the... Read More

Thursday, May 2, 2019 - 10:20am

Nick Zulovich, Senior Editor

For years, independent and buy-here, pay-here dealerships did business with customers who might work multiple jobs or use their income tax return as funds to put toward a down payment. New ways are arriving for those operators to still do business with those individuals even if one of their sources of income disappeared or... Read More

Tuesday, April 30, 2019 - 12:03pm

BHPH Report Staff

Tricolor is looking to a high-level Equifax executive to provide guidance and leadership. The used-vehicle retailer focusing on the integrated sale and financing of vehicles to Hispanic consumers on Tuesday announced the addition of veteran Equifax and financial services executive Dann Adams to its board of directors.... Read More