NABD Wraps 2013 East Coast Conference
Houston, Texas - The National Alliance of Buy Here, Pay Dealers (NABD) successfully completed the East Coast Buy Here, Pay Here Conference (BHPH) in Atlanta, Ga. Operators from around the United States and internationally attended the 3-day event which ended Oct. 23. Other attendees included senior members of the Consumer Financial Protection Bureau (CFPB) and leaders from industry groups such as the National Independent Automobile Dealers Association (NIADA).
The educational program began with twelve dual track workshop sessions on Sunday afternoon and Monday morning. Workshop topics included legal and regulatory matters, finding the best employees, IRS audits, leasing, integrated system solutions, finding the best customers, maximizing recoveries, telephone collection tips, payment devices, skip-tracing, avoiding underwriting mistakes, alternative credit data, alternative repayment solutions, internet best practices and finding capital.
NABD will offer audio recordings of all the Atlanta sessions. They will include a disc with all PowerPoint presentations made during the conference.
NABD also announced that it will hold a two-day Dealer Academy for both new and experienced BHPH operators on May 19-21, 2013 at the Wynn Hotel and Casino in Las Vegas. The 2012 Academy was sold out, and provided in-depth training on how to succeed in BHPH today. The 15th Annual NABD Conference will follow the Academy on May 21-23, 2013 also at the Wynn.
More Industry

Ownership Priorities are Shifting
A new survey shows that in the U.S. vehicle quality for generation Z is largely defined by advanced safety features, intuitive technology and premium sound systems.
Read More →
Pump Price Jump Calculated
ISeeCars.com examined fuel costs for different power trains, finding which ones have experienced the biggest hits since the war in Iran commenced.
Read More →
Black Book: Weekly Market Update
Wholesale values fell last week despite the spring season still being in the traditional full-gear mode, analysts said.
Read More →
Arkansas Auto Group Acquires First Indiana Rooftop
Performance Brokerage Services represented both the buyer and seller in the sale of Carver Toyota of Columbus by Carlock Automotive Group.
Read More →
Stellantis to Dive Into U.S. Lending
The multinational maker of Chrysler, Dodge, Jeep, Ram and multiple other brands received conditional approvals for a Utah-based industrial bank.
Read More →
New-Vehicle Prices Rise
With April sales down, higher prices on in-demand large vehicles helped inflate the overall ATP, though increases were under long-term averages, Cox Automotive reported.
Read More →
Black Book: Weekly Market Update
Last week in the wholesale automotive market proved to be a mixed bag, analysts reported.
Read More →
Black Book: Weekly Market Update
Conversion rates were flat last week at 63%, Black Book analysts calculated, as low-mileage and almost-near units outpaced the overall market.
Read More →
EU Auto Association Urges Action
Trade relations between the European Union and the U.S. are at risk, causing the European Automobile Manufacturers Association to push lawmakers to make a decision.
Read More →
Driving into the Super CFC Era
Understanding the risks and benefits of retail accounting and Super CFCs can help you better present options to your dealer partners.
Read More →