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

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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White Hat Weds: Mining Your Data and Reviewing Your DMS/CRM Contract

[LONG POST WARNING] It's time to go a step further. On past White Hat Wednesday broadcasts, we've asked the question of dealers: "Who owns the data that is managed by your DMS? And where is it held?" Today, we are...
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Monday: Month-over-Month Numbers - July vs June

It's mid-month. On this Monday episode, we'll take a look at July numbers versus June - sales counts, down payments, repos/charge-offs, etc. How was your July? Grab your numbers and see how they stack up against our...
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Friday: Are Repos and Charge-offs on the Rise in BHPH/LHPH?

It seems to be a hot topic on the social media threads. Lots of dealers and managers asking if repos are on the rise. Anecdotally, the answers would suggest that portfolios are tanking and that repos are on the rise....
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White Hat Weds: How My "30-06 Story" Applies in BHPH & LHPH

I grew up on a farm and ranch in western Oklahoma. Hunting and fishing was a big part of my life. Then, in my early days of entrepreneurship, I owned a sporting goods store - camping, guns, ammo, etc. It was common to...
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Monday: Reviewing Average Deal Structure in Buy Here Pay Here

On this Monday broadcast, we'll share some 6-month averages from BHPH dealers across multiple states. Among the figures will be price, gross, cost, cash-in-deal, avg payment, term, etc. We'll also show the ratios of...
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