Ohio Sales Tax & Regulatory Updates for Car Dealers
By Amir Dabiri - March 30, 2025

🚨 Ohio Sales Tax Changes – Effective April 1, 2025 Ohio has announced county-level sales and use tax rate changes that go into effect on April 1, 2025. These sales tax regulatory updates directly impact motor vehicle dealers in the following counties: 🔹 Delaware County COTA District (96): Increasing from....

Maximizing Profitability in a High-Cost Inventory Market with Deal Pack
By Evan Akins - February 28, 2025

Independent used car dealers are facing a challenging market with rising inventory costs, making it crucial to find ways to maintain profitability. While price fluctuations at the auction are out of your control, using Deal Pack, a premium top rated automotive dealership management software, effectively can help you optimize operations,....

Ensure Compliance and Customer Satisfaction with Deal Pack DMS Software
By Bethany Richardson - January 31, 2025

In today’s regulatory environment, dealerships must navigate complex compliance requirements to avoid penalties from the Consumer Financial Protection Bureau (CFPB). Deal Pack DMS software offers robust features and safeguards to help dealerships stay compliant, particularly in areas like GAP refunds, payment misapplication, and illegal repossessions. Here’s how Deal Pack ensures....

The Benefits of Moving into Leasing in 2025 for Illinois BHPH Car Dealers
By Bethany Richardson - December 26, 2024

With the recent signing of a new bill that changes the taxation of lease transactions starting in 2025, Buy-Here-Pay-Here (BHPH) car dealers in Illinois have a unique opportunity to transition into Lease-Here-Pay-Here (LHPH). This shift can bring several significant benefits for both dealers and customers.  Read more below to learn....

How DMS Software Can Simplify Your Dealership’s Finances for Tax Season
By Ashton Azizi - December 19, 2024

As tax season approaches, car dealerships face the daunting task of organizing financial records, preparing tax documents, and ensuring compliance with ever-changing regulations. Tax compliant software solutions, Dealer Management System (DMS) software, for auto dealers can be a game-changer in simplifying these processes. Here’s how DMS software can help your....

7 Benefits of Joining a 20 Group for Buy Here Pay Here Dealerships
By Desiree Bradsher - November 29, 2024

For buy here pay here (BHPH) dealerships, which cater to customers with less-than-perfect credit, aligning with a 20 group can be a game-changer. A 20 group is a peer-based support network where dealership owners or managers come together to share insights, strategies, and best practices. Here’s how joining a 20....

Navigating Loan Default Mitigations
By Evan Akins - October 30, 2024

The Buy Here Pay Here (BHPH) business model offers valuable opportunities to serve customers with limited credit options. However, one common challenge faced by BHPH dealerships is a higher rate of loan defaults compared to traditional lenders. Dealing with delinquent payments and implementing effective collections strategies can be complex and....

A CFPB Perspective on How BHPH Dealer Management Software Helps Avoid Illegal Repossessions
By Bethany Richardson - October 30, 2024

In the Buy Here Pay Here (BHPH) industry, adhering to legal standards is paramount, especially when it comes to repossessions. The Consumer Financial Protection Bureau (CFPB) has outlined specific guidelines to prevent unfair, deceptive, or abusive acts or practices (UDAAPs) in repossessions. The best software for BHPH LHPH used car....

The Crucial Role of e-OSCAR in Managing Customer Disputes
By Amir Dabiri - September 30, 2024

In today’s fast-paced automotive finance industry, staying on top of customer disputes is more important than ever. With the rise of third-party companies helping consumers escape their car loans, it’s crucial for dealers and finance companies to understand the importance of responding to disputes that come through e-OSCAR. Why Responding....

Maximizing Profitability in BHPH/LHPH with Efficient Lot Management
By Evan Akins - September 24, 2024

Profitability doesn’t just depend on the number of cars you sell—it’s heavily influenced by how well you manage your inventory. Efficient lot management ensures that you’re not sitting on unsold inventory, allowing you to keep your lot fresh, reduce operating costs, and maximize profitability. In this post, we’ll explore practical....