PassTime and Megasys finalize integration

BHPH Report Staff

Two technology services that a wide array of buy-here, pay-here operators use now have finished a collaboration to help dealerships. PassTime, a provider of GPS solutions, and Megasys, a provider of complete loan servicing systems for the consumer finance industry, announced the companies have completed a software... Read More

BHPH Report Staff

Perhaps independent dealerships and buy-here, pay-here operators aren’t expecting to see their vehicles roll over the curb at the pace previously seen in recent years.  The economic and corresponding retail sales growth expectations of independent dealers were a bit more subdued to begin 2018 than a year... Read More

Julian Codding, NABD Hall of Fame

Is there a “wisdom” app for my phone? What’s the relative value of intelligence and wisdom? If there is anything that experience teaches, it is that wisdom has a far greater value than intelligence. Even Solomon prayed for wisdom knowing that intelligence alone would not achieve his goals. Every... Read More

BHPH Report Staff

Some franchised dealerships highlight their concierge-level services for their customers who need vehicle repairs and maintenance. Now, independent and buy-here, pay-here in five major markets can provide a similar level of services thanks to a new product addition from Fidelis PPM. In an effort to attract more... Read More

BHPH Report Staff

At least one bankruptcy expert sees a potential connection to what the Federal Reserve does with interest rates as impacting filings and reversing what happened during the first quarter. The American Bankruptcy Institute reported that total U.S. bankruptcy filings fell 4 percent during Q1. According to data provided... Read More

BHPH Report Staff

Auto finance companies and buy-here, pay-here dealers are seeking to adopt more advanced and scalable GPS systems for risk mitigation. But Procon Analytics acknowledged this trend brings the inefficient process of managing both new GPS systems old devices that use legacy embedded technology. On Tuesday,... Read More

February bankruptcy filings show mixed moves

BHPH Report Staff

The American Bankruptcy Institute highlighted that filings softened year-over-year in February but marked a sequential rise. According to data provided by Epiq Systems, ABI indicated total bankruptcy filings for February decreased 3 percent versus the same month last year. The 56,694 total filings in February were down... Read More

PassTime highlights LTE Category M GPS device

BHPH Report Staff

If lately you’ve noticed faster performance by your smartphone on Verizon’s mobile network, you might also be encouraged if your collateral is monitored by PassTime. GPS solutions provider PassTime recently highlighted its all-new TRAX 6 device, what the company said is the industry’s first LTE... Read More

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