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Buy here, pay here dealership Simple Auto is suing bankrupt lender PrimaLend Capital Partners, saying it pressured Simple Auto into buying a failing auto group, resulting in $18 million in losses. Simple Auto’s complaint, filed June 10, says PrimaLend convinced the Dallas-based buy here, pay here (BHPH) retailer to purchase a distressed dealership group with […]
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Auto lender Arivo Acceptance wanted to develop new software faster, so it enlisted a group mainly comprised of interns with...
Extra-long car loans can lower consumers’ monthly payments, but they also keep dealers from selling vehicles to those customers for...
Alternative asset management firm Bayview Asset Management in the past five years has purchased about $25 billion in auto collateral through bulk...
Luxury vehicle dealerships are fighting a rapidly growing scam in which fraudsters impersonate delivery companies to steal vehicles. Kalamazoo, Mich.-based...
David Thompson
David Thompson
David Thompson
