HOUSTON, TEXAS – The National Alliance of Buy Here, Pay Here Dealers (NABD) today announced the successful completion of its Best Practices and Compliance Conference held last week in Orlando, Florida. Operators from around the United States and other countries attended the 3-day event, which ended November 5. The dual track program featured sessions on best operating practices and BHPH compliance.

                Ken Shilson, CPA, founder and President of NABD, indicated that the compliance track “featured the greatest collection of legal talent in the 18-year history of NABD!” Attorneys Dave Bafumo, Trish Cacciola, Susan Chylik, Allen Denson, Mark Edelman, Tom Hudson, Eric Johnson, Terry O’Loughlin, and Shaun Peterson explained and discussed the current legal and regulatory issues with attendees that impact the BHPH industry today. “These legal experts really prepared attendees for all the important compliance challenges ahead,” Shilson said. Attendees who completed the compliance sessions receive a compliance certificate which evidences their participation.” Attorney Tom Hudson created a 12-step checklist to help attendees down the path to compliance after the Conference,” Shilson also mentioned.

                The best operating practices sessions featured a panel presentation by John Neery of CARite, Terry Bowdler and George Klinke of LHPH, and Hudson. These panelists did an outstanding job of explaining the pros and cons of this BHPH alternative business model. Other best practices sessions included web tips to regain market share, technology solutions, a “how-to” on dealer advertising, an accounting and tax update, tax refund tips, an Autotrader presentation on their “BHPH Finance Center”, capital market alternative discussion groups, sourcing, financing and reconditioning inventory techniques, a benchmarks / trends update, phone skill tips, a current industry issues discussion, a panel covering how regulatory issues may change BHPH, and an underwriting best practices panel. “Attendee evaluations unanimously indicated that the Conference sessions successfully met all their learning objectives!” stated Shilson.

                A “sold out” Exhibit Hall featured over 60 exhibitor / sponsors who offered all the latest products and services, to make attendees more efficient and profitable in the future. The exhibit hall included two receptions, coffees, and a breakfast that enabled attendees to network with industry experts, sponsors, and others.

                NABD announced that it will hold a Buy Here Pay Here Boot Camp on January 9-10, 2016 at the iCars BHPH dealership owned by Ingram Walters in Charlotte, NC, where attendees can “see and learn” through hands-on training. Space is very limited, so operators are encouraged to call NABD headquarters at (832) 767-4759 while space remains available. Special discounts to the Boot Camp are available for those who attended the Orlando Conference. NABD will also hold its 18th Annual National Buy Here, Pay Here Conference at Wynn Hotel and Casino in Las Vegas on May 24-26, 2016. For more information on these events, or to download Conference presentations, visit www.bhphinfo.com.

 

                NABD is the nation’s only used car group exclusively for BHPH operators. Membership is attained by attending any of the organization’s training events and there are no membership dues.

 

 

 

 

RECIPIENT: If you have any questions or concerns regarding this press release, please contact

Ken Shilson, President

National Alliance of Buy Here, Pay Here Dealers (NABD)

2180 North Loop W., Ste. 270

Houston, TX 77018-8019

Ofc. (832) 767-4759