Why Advantage Plus Is the Scalable Solution BHPH Dealers Need Right Now
Buy Here Pay Here (BHPH) and subprime dealers are facing a pivotal moment. Rising vehicle prices, tighter margins, complexities rising from the integration rapidly changing technology, and increased operational challenges are forcing larger operations to rethink their approach to asset management and risk mitigation. Advantage Plus, the latest platform from Advantage GPS, was built to meet those challenges head-on.
Unliked traditional GPS tools that provide limited location data and don’t capture health data to ensure maximum asset protection, Advantage Plus connects lot management with post-sale health data, offering complete visibility from sale to payoff. And for large-volume dealers managing tens of millions in assets, that kind of insight is no longer a luxury—it’s a necessity.
Complexity Is Rising—So Should Your Platform
Recent data from Experian shows that subprime and deep subprime loans still account for over 14% of all auto financing, with average terms continuing to stretch beyond 66 months. With more time on the road and more risk on the books, BHPH dealers need to monitor vehicle health well beyond the initial sale.
Advantage Plus offers this by combining real-time location and ignition data with key diagnostics—like battery voltage, triggered Diagnostic Trouble Codes (DTCs), and odometer readings. It’s a seamless way to identify issues before they become expensive repos and charge-offs.
The platform is also built for scale, with multi-rooftop access, role-based user permissions, and customizable dashboards that align communication across sales, service, and collections. It simplifies what used to require multiple systems and constant manual oversight.
Smarter Risk Management That Doesn’t Slow You Down
In today’s climate, operational efficiency is critical. According to the National Independent Automobile Dealers Association (NIADA), staffing shortages remain a challenge for independent dealerships—meaning solutions that reduce manual workload aren’t just nice to have, they’re essential.
Advantage Plus addresses this by automating alerts and integrating directly into your recovery workflows. Dealers can manage more accounts with less labor and greater consistency. That means lower overhead, faster response times, and better portfolio performance.
Why It Matters Now
Inflation, stubbornly high interest rates, and a volatile used car market are putting pressure on large BHPH operations. Cox Automotive reports that used car inventory levels are tightening, driving up acquisition costs and reducing available supply. With more capital tied up in fewer vehicles, dealers need to protect every unit in their portfolio.
Advantage Plus helps by keeping that portfolio visible and actionable at every stage—on the lot, on the road, and at every step in between.
Ready to Scale Smarter?
Whether you’re operating from a single location or managing multiple rooftops, Advantage Plus assists dealerships in scaling without adding unnecessary complexity. If you’re ready to reduce charge-offs, improve operational efficiency, and gain better control over your assets, now’s the time to see what Advantage Plus can do.
Request your live demo today.
