What is BHPH?

What is BHPH? Buy Here Pay Here (BHPH) refers to a method of running an automobile dealership in which dealers themselves extend credit to purchasers of automobiles. BHPH can provide...

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J.D. Power’s latest dealer study

J.D. Power’s latest dealer study underscores importance of underwriting department COSTA MESA, Calif. — Answering questions such as "What's needed to complete this customer's financing?" appears to be the main theme of which finance companies scored well in the J.D....

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New Regulations in NJ & NV

Recently, New Jersey and Nevada both passed legislation regulating GPS and starter-interrupt devices.  In both states, the laws go into effect July 1, 2017. PassTime, along with its industry partners TSPA and NIADA, were heavily involved in lobbying against the...

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Financing Extended to Subprime Car Buyers Declines to Record Lows in Q3

Experian: Financing Extended to Subprime Car Buyers Declines to Record Lows in Q3 Auto financing extended to subprime and deep-subprime car buyers fell 4.5% from a year ago, as the auto finance industry continued to squash fears of a...

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Toyota Earns Top Spot in Customer Experience Study

Toyota Earns Top Spot in Customer Experience Study - Top News - Internet Department - Top News - F&I and Showroom// // WABAN, Mass. — After asking 10,000 U.S. consumers about their dealership experience, the Temkin Group found that...

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