PassTime cofounder Jeffrey Frank was named chairman and CEO, while 19-year company veteran Chris Macheca was named president. The latter will retain his title of COO.
Read More →Two used-car dealerships and their owner reached a settlement this month with the Department of Justice and the state attorney general. The settlement resolves a lawsuit that alleged the dealerships charged African American buyers more for loans and repossessed vehicles without reasonable notice.
Read More →Detectives asked a dealership to activate the GPS device installed in a kidnapping suspect’s car due to his poor credit. Police apprehended the man and found his victim alive.
Read More →Spireon has developed the industry's first GPS vehicle tracking buyer’s guide for dealers who are new to the buy-here, pay-here (BHPH) segment.
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Federal customs agents seized 20 high-end stolen vehicles at the Los Angeles/Long Beach Seaport. Bound for Asia, the vehicles were leased by several dealerships to smugglers using false identifies.
Read More →Peritus Portfolio Services announced an alliance with PassTime that will provide the collection technology provider’s customers with direct access to the portfolio buyer’s programs.
Read More →Drive Time announced it has selected Inilex to be the supplier of GPS-based vehicle tracking and recovery solutions for its 89 dealership locations.
Read More →The magazine’s legal expert reiterates his answer on whether customers should be charged for the installation of payment-assurance devices.
Read More →Vehicle Acceptance Corporation (VAC), a national buy-here, pay-here lender, and PassTime, a starter interrupt/GPS device manufacturer, are launching a coordinated effort to jointly market PassTime’s Starter Interrupt and GPS devices and VAC’s cash and service solutions.
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