How Can I Run a Paperless Dealership?
By Amir Dabiri - March 20, 2014

Having the latest and greatest technology is a MUST when selling cars. Show your customers that you are up to date in today’s technological world by having all the convenient tools to better assist them. Deal Pack Pro offers several features that can help you achieve this goal.   We....

Are GPS Devices an Asset or an Expense?
By Amir Dabiri - March 17, 2014

As a Buy Here Pay Here (BHPH) Dealer or Subprime Lender, it's likely you're familiar with GPS technology to track vehicle assets. Typically devices are purchased for a couple hundred dollars each and you pay the provider a fee to keep the device on their GPS network. Now the device....

Collateral Protection Insurance (CPI) Benefits and the Importance of Following up with Customer’s Insurance
By Amir Dabiri - March 12, 2014

We all know that a customer cannot leave the lot without having proof of insurance. However in today’s time anyone can call and activate insurance and drive away with no intention of keeping it. I have seen where customers just get insurance to get the car home and cancel it....

10 Reports you didn’t know Deal Pack has available
By Amir Dabiri - March 6, 2014

1.    Advertising Report- This report allows you to keep track of where your prospects are coming from. It contains zip code specific information so that you know where to focus your advertising.   2.    Potential Profit Report- Use this report to get an estimated gross profit on all of your....

How Can My Service Department Save My Dealership Money?
By Amir Dabiri - March 4, 2014

In the current economy, every area of savings is vital to the operations of a BHPH dealership. Having A service department aids in the profitability of the dealership due to the low costs of doing the work in-house. However, the costs of the parts are still significant and need to....

Avoid Form Package Complacency
By Amir Dabiri - March 3, 2014

It's easy for a dealership to accumulate a large library of forms over the years from various sources.  Perhaps your retail installment contracts were purchased from a national vendor, the bill of sale was acquired from your state dealers association, the service warranty and physical damage forms were provided by....

Accounting for Operating Leases: Part 1- Posting the Lease
By Amir Dabiri - February 27, 2014

It’s clear that leasing is growing as a business in the buy-here-pay-here (BHPH) industry, and with dealers jumping into leasing for the first time, it is essential to understand how to account for leasing activities on the books. With operating leases, lessees are contracted to use the asset, but the....

When Do You Defer a Payment, Reschedule the Loan, or Refinance?
By Amir Dabiri - February 26, 2014

Often, for whatever reason, Deal Pack Pro users call in and want to change the original deal that was contracted for their customer. There are a few ways to do this, but each way is designed more specifically to fit the needs of the situation. Let’s start with the simplest....

Automatic ACH and One Time ACH Pay By Phones
By Amir Dabiri - February 25, 2014

Are you tired of manually posting 50 ACH payments each and every day for your recurring customers? What if I told you that you no longer need to do that? Why waste an hour a day posting each payment individually when Deal Pack Pro can do it for you with....

How to Validate the APR for Truth in Lending
By Amir Dabiri - February 17, 2014

We have recently received calls from customers that during audits have been asked to validate the accuracy of the Truth in Lending Act (TILA or also known as regulation Z) computations. Many of them get overwhelmed when asked to do so. If you have worked with auditors, you know that....