It's not uncommon in the Buy Here Pay Here industry to require proof of income from your customers. This is a condition for approval by most special financing sources. A pay stub is accepted and used to confirm current employment as well as earnings that the customer provided on their....
Are you a new dealer or an existing dealer who’s not happy with your current software solution? Are you looking for a truly fully integrated software solution? Don’t be fooled by other software companies that claim they have accounting packages built into their DMS. These companies just have the ability....
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....
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....
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....
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....
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....
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....
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....
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....