The BHPH Morning Show

The BHPH Morning Show

Hosted by: Jim & Michelle Rhoads

Join Jim and Michelle as they discuss the news of the day in the Buy Here Pay Here (Subprime Auto Finance) world. Decades of experience in the industry create a rich conversation about what matters most to dealers...

All Episodes

Episodes

White Hat Weds: Calling for Transparency in Referring Dealers to Providers

We know lots of folks in this industry of BHPH and LHPH. Not everyone does. Some don't know about vendors, partnerships, affiliations, etc. On this White Hat Wednesday, we'll recap an actual conversation with a...
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Customer Bankruptcy ... Now What?! Let's Ask Attorney Steve Levine

Once your BHPH customer files bnkruptcy, some important laws kick in. Well-known industry attorney Steve Levine joins this Friday broadcast to share some critical dos and don'ts to keep dealers out of trouble. Tune in...
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White Hat Weds: The Price of Trust (and Distrust) in BHPH/LHPH

Some recent conversations with dealers highlighted the importance of trust in BHPH/LHPH, especially when it comes to underwriting and approvals. On this White Hat Weds, we'll examine the many layers of this subject...
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Friday: Dealer Guest Ben Clifford (NJ) Talks Cash Flow Management

When it comes to cash flow vs equity, dealer Ben Clifford chooses positive cash flow every day! He has for many years and the approach continues to produce "spendable" dividends. This Friday conversation promises to...
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White Hat Weds: Solving the Problem(s) with BHPH Education

Despite the efforts of many well-intended folks, significant problems remain when it comes to access to "proper" education in the Buy Here Pay Here industry. There is far too much to learn about the business of...
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Monday: BHPH Cash Flow Projections and Further Analysis

Let's dig deeper. In an effort to bring together past conversations around deal structure, amount riding, negative equity, etc., we'll dive deeper into portfolio performance and projected cash flows in Buy Here Pay...
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Friday: Breaking Down Max Cash Flow in BHPH/LHPH Startups

How much cash does it take to reach positive cash flow in a typical Buy Here Pay Here startup? On this Friday broadcast, we'll use actual 2024 results for the financial assumptions. We'll then break down the splits on...
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White Hat Weds: Defining (and Demonstrating) "Good Faith" in BHPH/LHPH

We've all heard the expression "good faith." But where did we learn what it is? Who provided the definition? In our industry of Buy Here Pay Here (automotive self financing), there are lots of places that the...
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Friday: Latest News & Hot Topics from Across the BHPH/LHPH Industry

It's Friday! Join us as we recap the happenings around our world of automotive self-financing. We'll cover hot topics from conversations with dealers, vendors and industry associates. Find the BHPH Morning Show on...
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White Hat Weds: How to Avoid an Ugly DMS Divorce

Oh, sure, the software sales folks are nice. They say all the right things. Match made in heaven, right? But what if the promises fall short? What if your new partner doesn't prove to be as supportive as you'd hoped...
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Monday: Re-recorded BHPH Morning Show with Tommy Brandis

BHPH dealer Tommy Brandis (PA) joins to discuss his method of tracking static pools (segmented portfolio performance). He's used the same method for decades. On this live Monday broadcast, we'll share on the screen...
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Friday: Week's Hot Topics from the World of BHPH/LHPH

Quite a week over here! Hosted three V8 Dealer Group meetings. Lots of numbers, lots of conversations between dealers. On this Friday broadcast, we'll recap some of the hot topics which included things like hiring,...
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