Can I Export Inventory to My Website?
By Greg Morris - December 3, 2012

Uploading your inventory to your website is fast and easy. All you need to do is sign up for our inventory upload and tell us what time you want your data uploaded daily. Images can be sent as long as they are in dealpack inventory under the images section.  ....

Referrals
By Amir Dabiri - November 28, 2012

I was asked recently if Deal Pack could track referrals. The answer: of course! We know that referral leads are your best leads and rewarding those people who bring you word-of-mouth business is important.   Our system allows you to input referral information for specific customers, including a referral fee.....

BHPH Repossession: Things to keep in mind regarding the vehicle ACV
By Helga Buck - November 21, 2012

What happens once a vehicle has been repossessed, and the proper notifications made to the buyer and co-buyer of your intent to resell, and the customer has failed to redeem the vehicle?   At this point, the answer depends on your intentions toward the customer’s deficiency balance. If you intend....

Buy Here Pay Here: Repossession or Charge-Off?
By Jennifer Margettes - November 19, 2012

With respect to a BHPH dealership, what are they and how are they different? Well, a repossession is taking back your asset, while a charge off is expensing a receivable, taking it off your balance sheet.   This is important to take note, since these words can be used interchangeably....

BHPH: The Benefits of Utilizing Risk Analysis Tools
By Amir Dabiri - November 16, 2012

Buy Here Pay Here needs more sophisticated methods of evaluating prospective customers as well as deal structure as money flows through this industry. The solution can be through the use of scoring models. They are designed to maximize your sales in a way of focusing on customer financial strength as....

Capitalized Cost and How It Relates to Lease Here Pay Here
By Chris McIntyre - November 14, 2012

Capitalized cost, commonly referred to as "cap cost" by most leasing dealerships is the amount to be financed in a lease. We can arrive at this number by taking the agreed upon price of the vehicle plus any additional fees or taxes not included as part of the cash due....

What Should I do if a Customer Makes a Promise for Payment?
By Amir Dabiri - November 13, 2012

Deal Pack provides the ability to save a Promise to Pay, or PTP, on a customer's account. This can be accomplished from either the Payment or Collections screens.   At the Payment screen, pull up the Customer's account and click the Remark tab. Enter your employee code, type a note....

How to Properly Calculate the Residual Value for a Used Car
By Chris McIntyre - November 8, 2012

First up, definition: the residual value is the projected market value of the vehicle at the end of the lease. Typically a percentage of the vehicle’s MSRP, this value is reduced from adjusted cap cost in the determination of the total of the lease payments.   Next, why you should....

BHPH End Of the Month Procedures
By Desiree Bradsher - November 6, 2012

Another month has come to a close so quickly! It’s time to get those reports printed out so you can close out and enjoy the next month. It is highly suggested on the last day of every month to run particular subsidiary reports and save them for the purpose of....

Can Deal Pack Print MICR Checks?
By Hope Ramirez - November 2, 2012

Deal Pack has the ability to print MICR checks on your own blank check stock, rather than on preprinted checks. Using blank check stock has advantages in that if you change an account number you aren’t stuck with pre-printed stock. Also, blank stock is less expensive to purchase than preprinted....