HOUSTON, TEXAS - The
National Alliance of Buy Here, Pay Here Dealers (NABD) today announced that it
has finalized a new Benchmarks and Trends Report containing information about
subprime and deep subprime auto finance performance for the year 2015.
Shilson, CPA, President and Founder of NABD, stated, “This report is the most
comprehensive look at the subprime auto finance market we have ever done! I
thank NCM, SGC Certified Public Accountants, and Subprime Analytics who
contributed financial and operating data for the
development of the report. This is the eighteenth (18th) consecutive year we
have compiled and issued a report containing financial, operating, and loss
metric information which can be used by operators, capital providers, investors
and others to evaluate performance and, where applicable, to compare their own
“We carefully scrutinized the
policies and practices used to generate the data to assure that all the
information is credible. Although different accounting and operating practices
are used in the industry, this report considers and adjusts for the major
differences,” Shilson said.
The latest Report contains numerous
graphs and charts together with a summary analysis so readers can understand
both market and performance changes during last year. The summary also includes
a forward-looking forecast of what’s ahead in 2016.
Past Benchmark Reports can be
downloaded free of charge from the Subprime Analytics website (www.subanalytics.com) covering the last
five years. The most recent report will be posted in May 2016 prior to the NABD
National Conference for BHPH in Las Vegas, May 24-16. More information is
available at www.bhphinfo.com.
Ken Shilson and Dustin Kerr, NCM
moderator, will discuss the aforementioned Benchmarks and Trend Report at the
NABD Conference in May to help readers understand the results. In addition,
NABD provided a complete copy of this report to NIADA, and publications “BHPH Report” and “Used Car News”, who will reprint them prior to the NABD
NABD is a special industry group
organized for the betterment of the BHPH industry nationwide, and has more than
13,000 members. Membership is obtained by attending NABD training and
conferences, and members pay no annual dues. “Our services are designed to
complement and work with other automotive industry groups on matters pertaining
to this segment of the automotive finance industry,” Shilson explained.
NABD will release the 2015 Benchmarks at NABD 2016 May 24-26. To register contact NABD 832.767.4759