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2015-05-28 NABD Completes Another Successful BHPH Conference!

HOUSTON, TEXAS – The National Alliance of Buy Here, Pay Here Dealers (NABD) today announced the successful completion of their 17th annual National BHPH Conference at the Wynn, Las Vegas, Nevada on May 19-21. Operators and experts from around the nation and Canada gathered to hear more than 70 speakers and panelists during the three day event.

            The conference theme was “The Very Best of Buy Here, Pay Here” and featured an NABD Hall of Famers panel who shared tips, best practices and their visions on how to operate successfully. The panel included newly inducted Don Foss of Credit Acceptance Corporation and CARite, Ed Bass of Overland Bond, Chicago, Illinois, Julian Codding, Reliable Autos, Oklahoma City, Oklahoma, and John Linnehan, Jr. of Credit Now Auto Company, Ellsworth, Maine.  Conference Chairman and NABD founder Ken Shilson said “these men have exhibited a lifetime of achievement and success.  Their leadership and knowledge made the industry better in the past and their insights here will make us better in the future!”

            The educational sessions featured fourteen (14) different workshops covering: website best practices, regaining market share ideas and irregular payment tax refunds, payment device best practices, an IRS update, sourcing and financing the right inventory, maximizing recoveries while mitigating losses, capital formation alternatives, technology solutions, compliance solutions, credit reporting best practices, and lowering reconditioning costs.  All workshop sessions were interactive so attendees could ask questions and get answers to all of these important topics.  On Wednesday afternoon the general education sessions included presentations by AutoTrader (with their new BHPH Finance Center), the latest inventory technology from Manheim, and a benchmarks and trends update.  On Thursday morning, the general sessions concluded with a regulatory challenges panel featuring leading attorneys, a collections best practices panel, a Hall of Famers panel, and a “take aways” session to help attendees develop their action plans after the conference.

            Other highlights included a “First Timers Reception” which had over 200 attendees and an inspirational session by John Linnehan, Jr., NABD Hall of Famer.  Shilson explained, “The networking and learning were exceptional this year.  Everyone participated with a positive attitude which will translate to their success,” Shilson added.

            The exhibit hall was the largest in BHPH history and featured two receptions, a luncheon, a breakfast, and two coffees.  The networking and the desire of attendees to seek out new products and services to make them more successful was evident during the exhibitor sessions!

            Conference presentations have been posted on the NABD website at www.bhphinfo.com      and may be downloaded for free.  More information about the conference is also available on the NABD website.

NABD announced two upcoming training events as follows; 1.) a BHPH Boot Camp on August 22-23 near Charlotte, North Carolina and 2.) an East Coast BHPH Conference in Orlando, Florida on November 3-5.  For more information or to register for these events visit www.bhphinfo.com  or call NABD headquarters at 832-767-4759 while space is available.

NABD is the only used car special interest group exclusively for the BHPH industry. Membership has no dues and is obtained by attending one of the upcoming training events.