Thursday, March 8, 2018 - 11:01am

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

Tuesday, March 6, 2018 - 3:05pm

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

Monday, February 26, 2018 - 2:28pm

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

Friday, February 23, 2018 - 11:36am

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

Tuesday, February 13, 2018 - 2:24pm

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

Tuesday, February 13, 2018 - 11:47am

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

Tuesday, February 6, 2018 - 12:36pm

BHPH Report Staff

Independent dealers went into 2018 with an upbeat mood. Why? The economic and retail sales growth expectations of independent dealers have improved substantially, according to the National Independent Automobile Dealers Association’s business confidence survey for the fourth quarter of 2017. The survey of NIADA... Read More

Thursday, February 1, 2018 - 10:29am

BHPH Report Staff

This week, America’s Car-Mart expanded its network of buy-here, pay-here dealerships. The company opened its second store in Bowling Green, Ky. The location raises Car-Mart’s footprint in the Bluegrass State to 12 dealerships. Car-Mart indicated this new Bowling Green dealership will be managed by Jesse... Read More