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Rising buy here pay here sales may be a sign of rising debt, and may lead to more auto loan defaults in the end.

Buy here pay here sales look set to increase in 2018, and while that may, overall, be good news for buy here pay here dealers, but it could also be an indication of rising debt and the accompanying risk of delinquency. There certainly appears to...

Colorado Used Car Legislation May Remove Sales Tax

Breaking News Legal

Colorado Used Car Legislation May End Pre-Owned Vehicle Sales Tax

BHPH Marketplace Staff

06 Feb 2018

In a recently proposed piece of used car legislation, State Senate Bill 18-077, Colorado is considering giving used car buyers, including buy here pay here customers, a break on sales taxes. If the bill currently under review, which has already passed the State Finance Committee...

Floor Plan Financing - Cars on a Dealer Lot

Breaking News Finance and Insurance Sales and Marketing

Debunking Floor Plan Financing Myths

BHPH Marketplace Staff

25 Jan 2018

For many independent dealerships, floor plan financing is arguably the best way to handle inventory. However, there seem to be some common misconceptions among dealers about exactly how floor plan financing works. According to ASF, a financial services company out of California, there are, in...

Breaking News Sales and Marketing

Will Buy Here Pay Here Dealerships See More Millennial and Gen Z Customers?

BHPH Marketplace Staff

19 Jan 2018

For years now, buy here pay here dealers as well as new and pre-owned dealers have been concerned over the apparent lack of interest in many Millennials show in driving. According to one Survey by Erie Insurance, however, that may be changing. Although the survey’s...

Breaking News Technology

The Future of Key Bank Systems

BHPH Marketplace Staff

15 Jan 2018

One of many necessary accouterments for any car dealership is, of course, vehicle keys, and managing those keys can be often be a major issue. Many salespeople have had the unfortunate experience of upsetting or even losing customers because the keys to their vehicle of...

subprime auto loan bad credit interest rising

Breaking News Finance and Insurance

Subprime Auto Loan Interest Rates Are Rising

BHPH Marketplace Staff

09 Jan 2018

Subprime auto loan interest rates are on the rise thanks to recent and projected rate hikes by the Federal Reserve. This means that buy here pay here customers will see notably increased interest rates in 2018. Last month, the Fed raised interest rates for the...

Breaking News Technology

Ituran USA Takes GPS Durability to the Next Level

BHPH Marketplace Staff

08 Jan 2018

By: Katherine McDowell There are a lot of GPS companies vying for the attention of buy here pay here dealers, and the number of options can sometimes seem staggering. One of the interesting opportunities that occasionally arise at BHPH Marketplace is the chance to learn...

NABD Merges with NIADA

Dealership Brings Christmas to Animal Shelter

NABD BHPH Conference Summary

NABD BHPH Hall of Fame Inductions 2017

Used Cars Parents Want for Young Drivers

BHPH Dealers Auto Auction Options for the Twenty-First Century

BHPH Dealers Preparing for Tax Refund Fueled Sales Increases

BHPH Auto Dealership Accepts Bitcoin for Used Cars

How to Optimize Video Content for the Buying Cycle

Navigating Used Car Warranties

The Equifax Data Breach – What Dealers Should Know

Google’s 5 auto shopping moments, Part 1: Is it right for me?

Used Cars Parents Want for Young Drivers

CFPB Regulations: Are They Hurting Car Buyer Discounts?

BHPH Dealers Auto Auction Options for the Twenty-First Century

FTC Cracks Down on Illegal Robocalls

Do Increasing Buy Here Pay Here Sales Herald Increasing Delinquency Rates?

Colorado Used Car Legislation May End Pre-Owned Vehicle Sales Tax

Debunking Floor Plan Financing Myths

Will Buy Here Pay Here Dealerships See More Millennial and Gen Z Customers?

The Future of Key Bank Systems

Subprime Auto Loan Interest Rates Are Rising

Ituran USA Takes GPS Durability to the Next Level

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Used Cars Parents Want for Young Drivers

CFPB Regulations: Are They Hurting Car Buyer Discounts?

BHPH Dealers Auto Auction Options for the Twenty-First Century

FTC Cracks Down on Illegal Robocalls

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