Buy Here Pay Here (BHPH) dealerships play a vital role in the automotive industry by providing loans to customers with poor credit. While these dealerships serve an underserved market, they also face the challenge of managing significant credit risk. Balancing the need for profitability and sustainability requires effective risk mitigation....

The used car industry is a dynamic and often challenging arena, with independent car dealers facing a multitude of obstacles that can impact their businesses. From economic shifts to changing consumer preferences, the road to success in this industry is not without its bumps. In this blog, we'll delve into....

Maintaining customer loyalty is paramount for sustained success with any business. However, in the face of changing market conditions and shifting customer preferences, it is not uncommon for dealerships to experience a decline in customer loyalty. Let us delve into three actionable strategies that car dealerships can adopt to take....

Automotive dealerships face numerous challenges, from managing inventory and sales to ensuring exceptional customer service. To navigate these complexities efficiently, many dealerships are turning to comprehensive dealer management solutions. Join me as we explore the advantages of utilizing a single provider for all your dealer management needs and how it....

In an era where data breaches and cyber threats are prevalent, safeguarding sensitive customer information is of paramount importance for any business. Buy Here Pay Here (BHPH) dealers, who handle payment card transactions on a regular basis, must prioritize Payment Card Industry (PCI) compliance to protect both their customers and....

In an era where data breaches and privacy concerns are becoming increasingly prevalent, safeguarding consumer information has become a top priority for businesses across the subprime industry. Recognizing the need for enhanced data protection, the Federal Trade Commission (FTC) introduced the Safeguards Rule. This rule imposes certain obligations on businesses....

Working in the used car industry means you will be working with vehicles that may come with some very high odometer readings. This could be a difficult selling point for some customers, but pairing a good price with some tips customers can follow to extend the life of their new....

Running a dealership requires managing multiple aspects of the business, from inventory and sales to customer relations and finance. Amidst these responsibilities, it is crucial to prioritize compliance with the Soldiers and Sailors Act (SSCRA), which protects the rights of military personnel during their active service. Dealer management software (DMS)....

Are you tired of spending hours reconciling your bank statements manually? Say goodbye to tedious tasks and embrace the future of finance management with Deal Pack's brand-new Auto Bank Reconciliation feature. Simplify your financial workflows and experience unmatched efficiency with our cutting-edge technology. Here's why you'll love Deal Pack's Auto....

As a dealer, you know that managing inventory, sales, and customer relationships can be a time-consuming and complex process. However, thanks to the advancements in technology, you can now automate tasks in your dealer management software to streamline your operations and save time. In this blog post, we will explore....