NABD Releases New Buy Here, Pay Here Benchmarks

Houston – The National Alliance of Buy Here Pay Here Dealers (NABD) in conjunction with SGC Certified Public Accountants (SGC) and NCM Twenty Groups (NCM), completed their 2012 buy here, pay here benchmarks. These include operating information on sales, collections and recoveries, inventory and inventory management. In addition, they also include portfolio performance metrics compiled electronically by Subprime Analytics (Subprime), who has analyzed over $10 billion of BHPH deals to identify industry loss rates, patterns and trends. In the aggregate, these benchmarks provide a comprehensive look at the financial and operating performance of the industry for the last three years, and trend information for earlier periods.

Kenneth Shilson, CPA and President of NABD, said these benchmarks provide a “deep dive” into industry performance and provides insights into what lies ahead. The financial results were verified for accuracy and comparability as to accounting policies and practices. The operating information represents a composite of all BHPH Twenty Group participants.

At the NABD Dealer Training Academy on May 19-21, 2013 and the 15th Annual National Conference for Buy Here, Pay Here (NABD 2013) at the Wynn in Las Vegas on May 21-23, Brent Carmichael, Executive BHPH Moderator for NCM and Ken Shilson, CPA will explain the benchmarks and industry trends to help operators identify future profit opportunities. All attendees will receive a complete copy of the 12-page report.

For information or to register for these important events, visit www.bhphinfo.com. Early bird discounts on registrations and rooms expire April 28.