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Articlesby Kimberly LongDecember 12, 2011

Lee Auto is the Maine BHPH Boss

Lee Auto Malls, the largest volume dealer in the state of Maine, includes two buy here pay here operations. John Isaacson, CEO of Lee Auto Malls, explains the day-to-day operations of the two operations, which average 375 to 400 sales per month.

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Articlesby Courtney ColeDecember 9, 2011

The Business Should Not Own You

Dealer Courtney Cole discusses the importance of delegating certain tasks within the dealership and concentrating on items that add real value to both you, the dealer, and the store.

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NewsDecember 8, 2011

PayNearMe Introduces PayNearMe Auto to Help Buy Here Pay Here Auto Dealerships Improve Cash Collection Rates

PayNearMe, the cash transaction network, today announced the release of PayNearMe Auto, a simple Web-based application that allows Buy Here Pay Here (BHPH) auto dealers to accept cash payments in an entirely new way.

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NewsDecember 8, 2011

Hudson Cook, LLP Adds Three Attorneys and Opens New England Offices

Hudson Cook LLP, a nationwide provider of legal compliance services for the financial services industry, recently announced the addition of three attorneys and the establishment of the firm’s New England offices.

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NewsDecember 8, 2011

Performance Inc. Hires Industry Expert to Head BHPH Division

Performance Incorporated, a business unit of ADP Dealer Services has hired industry expert Mark Dubois to head up its entry into the Buy Here Pay Here “Performance 20 Group” market.

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Articlesby David Keller, CPA, CFEDecember 7, 2011

Identifying Your BHPH and RFC Trends

Accountant David Keller, CPA and CFE, details how buy here pay here sales and collections and having a related finance company (RFC) can complicate accounting.

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NewsDecember 6, 2011

DealerMine Corporation Helps Burdick Dodge Chrysler Jeep Fiat Reduce Obsolescence in the Parts Department by 40%

DealerMine Corporation, provider of the obsolescence management service for auto dealers, announces it helped Burdick Dodge Chrysler Jeep Fiat of Cicero, NY reduce obsolescence in the parts department by 40% over a two-year period.

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NewsDecember 6, 2011

Portfolio Group Launches the Portfolio Certified Pre-Owned Warranty

The nation’s leading reinsurance management company for automobile dealers, Portfolio General Management Group, Inc., has launched the Portfolio Protection Certified Pre-Owned (CPO) Limited Warranty program in response to its dealers’ need for an alternative to factory-sponsored CPO warranties.

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Articlesby Jennifer Murphy BloodworthDecember 2, 2011

Keeping Up with Compliance at Bergeron Auto

At Bergeron Auto, compliance is taken seriously. Dealer Denis Bergeron discusses why his dealership in Metairie, La., takes a proactive approach to maintaining compliance.

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Articlesby Tom HudsonNovember 30, 2011

Flying Under the Radar

Dealers who ignore rules and regulations they’re required by law to comply with and instead hope to fly under the radar unnoticed by the Federal Trade Commission and Consumer Financial Protection Bureau might want to ask themselves the following questions posed by Attorney Tom Hudson in this article.

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