The Industry's Leading Source For F&I, Sales And Technology

Top News


1  -  25  of  25

April 14, 2015 - Industry News

NIADA Effort to Halt Oregon BHPH Bill Succeeds

A bill aimed at restricting the practices of buy-here, pay-here dealers in Oregon is off the legislative agenda following an effort by the NIADA to educate lawmakers about the legislation’s potential harmful effects on consumers.

Tags: bhph, bhph dealers, BHPH legislation, buy-here, National Independent Automobile Dealers Associatio, NIADA, pay-here

April 16, 2013 - Industry News

Ohio AG Charges BHPH Dealer With Consumer Law Violations

An Ohio buy-here, pay-here dealer is charged with failing to provide consumers with dated receipts listing the terms of the sale, as well as failing to apply for a certificate of title within 30 days of selling a vehicle.

Tags: attorney general, bhph, buy-here, certificate of title, Consumer Sales Practices Act, dealer, Law, Lawsuit, Ohio, pay-here

August 30, 2012 - Industry News

Calif. BHPH Bill Heads to Governor’s Desk; Two Others Inch Closer

Three bills aimed at buy-here, pay-here dealers move closer to becoming law. Assembly Bill 1447 gains approval from both houses and awaits the Gov. Jerry Brown’s signature, while AB 1534 and SB 956 head back to their respective houses for concurrence votes.

Tags: bhph, Bob Wieckowski, buy-here, California legislators, Mike Feuer, pay-here, Ted Lieu

July 17, 2012 - Industry News

Rising Vehicle Supply Benefiting BHPH Dealers

Black Book Auto Analyst Ricky Beggs shares his findings on the latest trends involving aging vehicles.

Tags: Auto Research, bhph, Black Book, buy here, Cash for Clunkers, pay here, Ricky Beggs, subprime, trade-in

June 14, 2012 - Industry News

Spireon Releases GPS Tracking Buyer's Guide for BHPH Dealers

Spireon has developed the industry's first GPS vehicle tracking buyer’s guide for dealers who are new to the buy-here, pay-here (BHPH) segment.

Tags: bhph, buy-here, GPS devices, GPS Tracking, pay-here, Spireon

June 1, 2012 - Industry News

Calif. BHPH Bills Clear Hurdles

Three Calif. bills that aim to regulate buy-here, pay-here dealers passed through their respective houses of origin this week, beating a key June 1 deadline.

Tags: bhph, BHPH legislation, buy here, pay here

April 26, 2012 - Industry News

CFPB Blog Puts Auto Lenders On Notice

In a recent blog post on the Consumer Financial Protection Bureau (CFPB) website, the Assistant Director for the Office of Fair Lending and Equal Opportunity said the agency will be paying more attention to non-mortgage loans, and specifically called out auto loans.

Tags: bhph, BHPH legislation, CFPB

April 24, 2012 - Industry News

BHPH Had Solid 2011, CNW Reports

The market research firm estimates that BHPH dealers achieved $16.5 million in gross sales last year and sold about 2.5 million vehicles.

Tags: bhph, bhph dealers, CNW Research

March 27, 2012 - Industry News

SFG Finance Adds to Executive Team

BHPH portfolio buyer names Robert Chickowski senior vice president and manager of portfolio acquisitions. He will supervise the company’s due diligence and portfolio acquisition efforts.

Tags: bhph, bhph dealers, loan portfolios, SFG Finance

February 14, 2012 - Industry News

AUL Corp. Partners With Ace on “BHPH in A Box" Program

AUL Corp. announced an expansion of its service-contract relationship with Ace Motor Acceptance Company (AMAC), a subprime finance source in Charlotte, N.C.

Tags: AUL Corp., bhph, buy-here, pay-here, Service Contracts

January 31, 2012 - Industry News

SFG Finance Launches Loyalty Program

A new partnership between SFG Finance and Subprime Analytics will provide dealers with access to the SFG Finance National Subprime Loan portfolio program. Sellers of portfolios also will gain access to key analytics.

Tags: bhph, bhph dealers, buy-here, dealer loyalty, pay-here, SGF Finance, Subprime Analytics

November 15, 2011 - Industry News

Inaugural East Coast BHPH Conference Draws 800

Master of ceremonies Ingram Walters, left, and Ken Shilson, show chair and NABD chief, welcome dealers to the first annual East Coast BHPH Conference in Atlanta.

Buy-here, pay-here dealers from the eastern half of the country and beyond converged at the Georgia International Convention center last week for the first annual East Coast BHPH Conference.

Tags: bhph, BHPH Conference, bhph dealers, buy-here, NABD, National Alliance of Buy Here, pay-here

October 27, 2011 - Industry News

BHPH Purchaser ALPS Reports Strong 3Q Results

Advanced Lending & Portfolio Services, a bulk purchaser of buy-here, pay-here contracts, announced strong quarterly results, claiming a total portfolio size of $11.5 million at the end of 3Q 2011.

Tags: Advanced Lending & Portfolio Services, ALPS, bhph, bhph dealers, buy-here, pay-here, Westlake Financial Services

January 24, 2011 - Industry News

iMETRIK Launches GPS “Pay Share Program” for BHPH Dealers

iMETRIK Automotive Solutions Inc., a developer of embedded wireless solutions, has launched “Pay Share,” a new program designed to help buy-here, pay-here (BHPH) dealers with purchasing and title conversion.

Tags: bhph, buy-here, pay-here , iMETRIK, starter interrupt devices

November 2, 2010 - Industry News

Finance Express Adds BHPH Portfolio Buyer

Finance Express, a provider of dealer management system and Web technology for independent dealers, has partnered with Denver-based Access Capital Investment Group (ACIG) to offer dealers a built-in opportunity to liquidate their buy-here, pay-here portfolios.

Tags: bhph, dealer financing, Independent Dealerships, special finance

September 21, 2010 - Industry News

Guidepoint Systems Launches ‘Recover It’ Solution

Guidepoint Systems today launched “Recover It,” a new GPS-based payment assurance solution for buy-here, pay-here dealers. It provides payment reminders, starter-interrupt and GPS tracking.

Tags: bhph, buy-here, pay-here , vehicle recovery

August 16, 2010 - Industry News

NABD Unveils Agenda for Fourth Annual BHPH Underwriting and Collection Conference

The National Alliance of Buy Here, Pay Here Dealers (NABD) released a preliminary agenda for its upcoming fourth annual Underwriting and Collections Conference, which will be held in Dallas from Nov. 7-9.

Tags: bhph, buy-here, pay-here , NABD, underwriting and collections

June 29, 2010 - Industry News

Ariz. Payday Lenders Switch to Title Loans <br>as Licensing Expires

A 10-year licensing agreement that allowed payday lenders operating in Arizona to originate loans above a 36 percent usury cap will be allowed to expire tomorrow, causing many payday lenders in that state to switch to offering automotive title loans — or close their doors.

Tags: bhph, buy-here, pay-here

June 29, 2010 - Industry News

ZimpleMoney Launches ZimpleAuto Loan Solution

ZimpleMoney launches ZimpleAuto, a solution that allows dealers to make and manage loans directly to low- and middle-income consumers, bypassing traditional lenders, banks, and credit unions.

Tags: bhph, buy-here, pay-here , dealer financing

June 15, 2010 - Industry News

NABD to Host Fourth Annual BHPH Underwriting & Collection Conference

The National Alliance of Buy Here, Pay Here Dealers (NABD) will hold its “Fourth Annual Buy-Here, Pay-Here Underwriting & Collections Conference” in Dallas, Texas, on Nov. 7-9, 2010.

Tags: bhph, buy-here, pay-here

June 11, 2010 - Industry News

CalAmp Launches Tamper-Resistant Vehicle Tracking Device

CalAmp Corp., a provider of wireless products, services and solutions, has unveiled a new tamper-resistant vehicle tracking product, called Aercept PLUS, for the automotive finance market.

Tags: bhph, buy-here, pay-here , vehicle recovery

May 18, 2010 - Industry News

Nowcom Releases New Web-Based DMS

Nowcom, a provider of dealer management solutions, has released a new Web-based dealer management system, DealerCenter 7, a full-featured DMS offering increased accessibility and security.

Tags: bhph, buy-here, pay-here , DMS, special finance

April 20, 2010 - Industry News

CNW: BHPH Sales Could Top Two Million

The latest Retail Automotive Summary from CNW Marketing Research indicates that 2010 will turn out to be a big year for buy-here, pay-here (BHPH). The research firm is projecting sales of more than 2.3 million BHPH units before the year is out, topping last year’s total of 1.84 million.

Tags: bhph, buy-here, pay-here , CNW

April 13, 2010 - Industry News

Nationwide Acceptance to Issue Credit Lines to BHPH Dealers

Nationwide Acceptance Corporation opened a new division to provide $1 million to $5 million lines of credit to buy-here, pay-here dealers in markets the company serves.

Tags: bhph, buy-here, pay-here , credit lines, National Acceptance Corporation, subprime

September 29, 2009 - Industry News

Leedom BHPH Convention Unveils Show Agenda

The education committee for The Leedom Group’s 15th Annual Buy-Here, Pay-Here National Convention unveiled its lineup of speakers, workshops and panels for the three-day event, which will be held Oct. 12-14 at Caesars Palace in Las Vegas.

Tags: bhph

« Previous1Next »