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.
The market research firm estimates that BHPH dealers achieved $16.5 million in gross sales last year and sold about 2.5 million vehicles.
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.
AUL Corp. announced an expansion of its service-contract relationship with Ace Motor Acceptance Company (AMAC), a subprime finance source in Charlotte, N.C.
The industry has been waiting for signs on how the CFPB would approach anything auto. The magazine’s resident legal wiz says the agency has finally tipped its hand.
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.
Word of a recent newspaper article on the world of BHPH dealers had the editor up in arms — well, until he read the story.
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.
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.
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.
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.
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