SNAAC Closure May Be Connected to Compliance
Yesterday SNAAC (Security National Automotive Acceptance Co.) announced that it will be closing its doors after 30 years in the subprime auto loan industry. The company will lay off 150... Read More
New Tax Law Changes And Your Dealership
Recent changes in tax law may benefit many BHPH dealerships, especially smaller ones, so if you have not reaped the benefits yet, this is the time to start. Although the... Read More
Selling Used Cars with Open Recalls: Is your inventory a ticking time bomb?
Selling used cars with open recalls is technically legal, but when things go wrong it can often lead to problems. There have been numerous lawsuits– including one brought against the... Read More
Navigating the Compliance Maze With a Compliance Checklist
If you work in the BHPH auto industry, you’ve been hearing a lot about compliance recently. It’s a big issue, and it’s getting bigger. Along with recent crackdowns on repossession... Read More
Ituran GPS Shares Compliance Best Practices
If you are a car dealer, you should care about compliance. Ituran is glad to share a compliance best practices video we filmed with National Independent Automobile Dealers Association (NIADA),... Read More
Repossession Regulations: What You Don’t Know CAN Hurt You
Repossession regulations and compliance have always been important for BHPH car dealerships, but conforming to the rules now is more vital than ever. The U.S. government is cracking down on... Read More