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

Pro Tips: What Exactly is a "Bad Lead?"

Former dealer and current outsourcing specialist Jason Goodman joins to discuss lead management. In particular, we'll ask this sales specialist how to approach all leads. When are they bad? Cold? Dead? We'll also get...
View Episode

Talking Static Pools (Repo Analysis) with GA Dealer Jack Carter

After a recent conversation in the private BHPH Boardroom group on Facebook, we reached out to have dealer Jack Carter bring the subject of static pools to the Morning Show. Lots to talk about here! What exactly are...
View Episode

White Hat Weds: Bret Buike - Raising Money and Awareness for a Great Cause

As he did last year, Bret Buike has accepted the #gogginschallenge to demonstrate a personal commitment and to support some charitable organizations near and dear to his heart! See the comments to find the GoFundMe...
View Episode

White Hat Weds: Seeking BHPH Growth or Progress? Think Impact Over Goals

Goal-setting in business management is a common practice. But how is the "buy in" from the team? How has the success rate been with past targets and goals? On this White Hat Wednesday, we'll introduce an alternate...
View Episode

The Problem(s) With Pricing From Cost in Buy Here Pay Here

Double it and add a thousand??? We're well into the 21st century. We can do better. In this Friday episode, we'll offer an alternate approach and start a MUCH BIGGER conversation around the vehicle/collateral value vs...
View Episode

White Hat Weds: Operating Outside "Pay to Play" in BHPH

In a "pay to play" environment, there are winners and losers - insiders and outsiders. In this White Hat Wednesday episode, we'll talk through how dealers in BHPH pay a different kind of price for not joining "the...
View Episode

Repo & Charge-off Methods - 3 Reasons It Matters to Your BHPH Operation

Ask 3 dealers ... they may all have a different method of handling their repos. Some wait for the repo to sell before charging-off the account. Others book the repo at a value and charge-off the account once it is...
View Episode

Ego In Business - the Good, the Bad & the Ugly

We all navigate life (and business) with some degree of ego. How can we determine, then, when ego is at work in our favor and when it might be working against the success of our business? Find the BHPH Morning Show on...
View Episode

White Hat Weds: Introducing "The Truth About Trust"

It's already been an interesting week! One interaction after another has illustrated how trust - both trusting and being trusted - impacts our professional journey. We're embarking on a new and important track! In...
View Episode

How to Calculate Your "Money on the Street" in Buy Here Pay Here (BHPH)

I've heard it called "street money," and "amount riding," even "riding in the trunk." It's really just a measurement of how much of your entire portfolio remains "at risk" or that still has cash-in-deal tied up. In...
View Episode

Shop Priorities in BHPH: Inventory Recon or Customer Repairs???

Such an interesting topic! Is it a BHPH question or a business question? A dealer's decision can have an impact even for those not making repairs in their own shop. We'll break down the Thursday poll results in this...
View Episode

White Hat Weds: Developing Team Culture in Your BHPH Business

What exactly is team culture and how do I develop it in my BHPH or LHPH operation? And how might better company culture impact my business? Tune in to this White Hat Wednesday episode to hear 2 ways to improve the...
View Episode