BHPH Report Staff

PaymentVision and QuotePro Kiosk recently finalized a partnership and planned integration that will expand payment processing options for QuotePro Kiosk’s buy-here, pay-here dealership clients and provide kiosk services to PaymentVision clients. The companies indicated the integration should be completed later... Read More

BHPH Report Staff

Through the first three quarters of 2017, total bankruptcy filings have dipped a bit year-over-year. The American Bankruptcy Institute reported this week that total U.S. bankruptcy filings fell one percent during the nine-month span that concluded on Sept. 30. According to data provided by Epiq Systems, total... Read More

BHPH Report Staff

NIADA members left an opportunity to meet with a variety of federal lawmakers and their staffs with a sense of accomplishment in relaying what it’s like to be an independent dealerships nowadays. The National Independent Automobile Dealers Association's National Policy Conference and Day on Capitol Hill... Read More

BHPH Report Staff

J.D. Byrider is facing a lawsuit from the Massachusetts attorney general filled with allegations about its business practices and the quality of its vehicles. Attorney General Maura Healey has sued J.D. Byrider, which has four buy-here, pay-here franchises in Massachusetts, for allegedly using predatory practices... Read More

BHPH Report Staff

This week, Rep. Roger Williams was been selected by the National Independent Automobile Dealers Association as the winner of the first NIADA Legislator of the Year award. The award will be presented annually to recognize a member of Congress for dedicated service to the automobile industry. The inaugural award was... Read More

BHPH Report Staff

Of the 21 different training sessions the National Alliance of Buy-Here, Pay-Here Dealers (NABD) is organizing for its next conference, there are a trio of segments that might be most beneficial to operators looking to build a larger and stronger portfolio of paying customers. Along with conference keynote speaker Steve... Read More

BHPH Report Staff

As summer has gone along, bankruptcy filings are on the rise. The American Bankruptcy Institute highlighted a double-digit sequential rise in total filings during August as compared to the previous month. According to data provided by Epiq Systems, total U.S. filings came in at 68,117 in August, up 11 percent from the... Read More

10 elements that will factor in your BHPH rebound

Ken Shilson, NABD

The past 24-month period has seen the highest level of subprime and deep subprime competition in history. Fueled by “cheap money” raised with Wall Street syndicated auto bond securitizations, the subprime auto finance market has grown to an estimated $200 billion. Auto finance receivables, for both new and... Read More

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