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Best Practices
28 posts
Achieving financial stability for your dealership
In the ever-evolving landscape of independent dealerships, mastering expense control is paramount for sustained profitability and long-term success.…
Vehicle Selection by Collaboration
By Jason March In the buy-here pay-here dealership, it is easy to allow departments to operate independently of…
Collections Management class to help dealers improve processes
With the tightening in the economy due to inflation, having proper collection practices is more critical than ever…
Dealers, employees find lessons in BHPH academy
Enma Menedez of K9 Motors in Houston, Texas, found exactly the answers she was searching for Wednesday and…
Forced-placed insurance simplified for dealers at NIADA Accelerate 2023
With the costs of today’s vehicles, car dealers need to protect their valuable investments.Forced-placed insurance is a way…
Recon for Profit emphasized during Accelerate 2023
Independent dealers are seeing costs, especially for reconditioning increase. According to data compiled by the National Independent Automobile…
NIADA Accounting Training to help auto dealerships
With an ever-changing market and regulations, car dealerships face unique challenges when it comes to accounting and financial…
NIADA to hold BHPH underwriting workshop
Delinquencies on auto loans are on the rise with the escalating costs of inflation. Experian’s fourth quarter market…
How to attract customers in today’s used vehicle market
In today’s used vehicle market, with increasing wholesale prices and challenges of affordability for consumers, dealers are looking…
BHPH service management class to help improve shops
With used vehicle inventory remaining tight and the wholesale prices of vehicles escalating, there’s an added need for…