Tote the Note

Jim Rhoads
  • 5.0 (2)
  • Entrepreneurship
  • Updated Weekly

Get real nuggets of Buy Here Pay Here (BHPH) wisdom and updated information from industry players, vendors, and association influencers. Learn their perspective on the hot topics of the day in subprime automotive finance. Hear success stories and best practices from established, successful operations across the country in the “Dealer Spotlight” series.

Episodes

  1. 04/26/2023

    Tote the Note Podcast: "Compliant BHPH Underwriting" with Guest Attorney Steve Levine and Co-moderator Brent Carmichael

    In Buy Here Pay Here (BHPH), dealers often find themselves in the difficult position of trying to provide creative and flexible financing to consumers who require an unconventional solution. So, how can dealers navigate the gray areas and remain fully compliant? It's possible! In this episode, Attorney Steve Levine with Ignite Consulting Partners answers questions from host Jim Rhoads and Guest Host Brent Carmichael of NCM Associates. Looking for Video? Find this and other "Tote the Note" podcasts on video at this link to the YouTube playlist.

    42 min

  2. 01/20/2023

    HARD QUESTIONS with Brent Carmichael of NCM: "Where is Technology Most Needed in Buy Here Pay Here?"

    Brent Carmichael returns as a featured guest along with dealers Jeff Clark (NC) and Justin Wallman (OH) to discuss technology. Hear Brent's bold prediction about the future of the internet :) :) :) along with Jeff's "1000% agreement" with Justin about the biggest challenge facing even well-established BHPH dealers. Host Jim Rhoads talks about how the Buy Here Pay Here customer's shopping experience has changed and ways the customer hasn't.

    27 min

  3. 01/16/2023

    HARD QUESTIONS with Brent Carmichael of NCM: "Should I Have a BHPH Service Department?"

    Brent Carmichael, Senior Moderator and Consultant with NCM Associates, joins host Jim Rhoads to take on another hard question for BHPH dealers - when to add a service department. Brent and Jim compare notes on the factors to consider in making this difficult decision. Hear Brent discuss the pros and cons of bringing vehicle repair work in-house - both customer repairs and reconditioning of the dealer's inventory.

    45 min

  4. 10/11/2022

    HARD QUESTIONS: Why No Blue Sky Value In Buy Here Pay Here (BHPH) (2 of 3)

    A 'Tote the Note' podcast episode hosted by Jim Rhoads. Hear from guests Ken Shilson and Brent Carmichael in the 2022 series entitled "Hardest Questions in Buy Here Pay Here." This is episode #2 of a 3-part mini-series on blue sky (or lack thereof) in the Buy Here Pay Here space. Episode #2 offers solutions for creating "transferable" value.

    26 min

  5. 10/11/2022

    REVEALED with guest Bill Elizondo of NIADA: "How Leasing/LHPH Differs from Buy Here Pay Here (BHPH)"

    Bill Elizondo joins for a "no dog in the fight" discussion about how leasing or Lease Here Pay Here (LHPH) compares for traditional Buy Here Pay Here (BHPH) dealers originating retail installment contracts. Neither Bill nor host, Jim Rhoads, lobbies for one or the other. Instead, the two share their experience regarding the pros and cons associated with each.

    42 min

  6. 10/11/2022

    HARD QUESTIONS: Why No Blue Sky Value In Buy Here Pay Here (BHPH) (1 of 3)

    A 'Tote the Note" podcast episode hosted by Jim Rhoads. Hear from guests Ken Shilson and Brent Carmichael in the 2022 series entitled "Hardest Questions in Buy Here Pay Here." This is episode #1 on a 3-part mini-series on blue sky (or lack thereof) in the Buy Here Pay Here space. Episode 1 focuses mostly on framing the industry-wide problem.

    33 min

  7. 10/11/2022

    Tommy Brandis, a 30-year Buy Here Pay Here Dealer, Talks Customer Retention

    Hear Tommy, creator of the BHPH Success group on Facebook, talk about his early days of customer service and which parts still apply today. He offers some tips that only someone with his attitude and experience could. In particular, listen for him to explain why he refers to BHPH customers as "survivors." #bhph #buyherepayhere #automotive #finance #subprime #customerservice

    26 min

  8. 09/04/2022

    HARD QUESTIONS with Brent Carmichael of NCM: "Why Dealers Fail in Buy Here Pay Here (BHPH)"

    Brent Carmichael, Senior Moderator of NCM Associates joins Jim Rhoads again for the "Hardest Questions in Buy Here Pay Here" series. Jim says "In this episode we share some common denominators we've observed among the BHPH operations we've seen fail or struggle. Listen 'til the end to get all the great tips!" Brent can be reached at bcarmichael@ncmassociates.com and Jim is at jrhoads@octane.group or on YouTube at Jim Rhoads - The Octane Group [BHPH] ​

    41 min
  9. HARD QUESTIONS with Brent Carmichael of NCM: "What Adjustments Should BHPH Dealers Be Making In This Economic Climate?"

    07/19/2022

    HARD QUESTIONS with Brent Carmichael of NCM: "What Adjustments Should BHPH Dealers Be Making In This Economic Climate?"

    Wow! Featured guest/co-host Brent Carmichael of NCM Associates joins as we discuss with Chris Tiller, Division VP of Car Financial, how this economic climate is different (and the same) for Buy Here Pay Here (BHPH) as past cycles. The guests' experience on the subject shows as we kept the cameras rolling longer than usual.

    1 hr

  10. 05/30/2022

    Making It Big In The BHPH Business With Jeff Clark

    Tote the Note

    19 min
  • 10 Episodes

Ratings & Reviews

5
out of 5
2 Ratings

About

Get real nuggets of Buy Here Pay Here (BHPH) wisdom and updated information from industry players, vendors, and association influencers. Learn their perspective on the hot topics of the day in subprime automotive finance. Hear success stories and best practices from established, successful operations across the country in the “Dealer Spotlight” series.

Information

  • Creator
    Jim Rhoads
  • Years Active
    2021 - 2023
  • Episodes
    10
  • Rating
    Clean
  • Show Website
    Tote the Note