Today I want to discuss 5 things the software you use to operate your Buy Here – Pay Here dealership must do. Now, I could take the easy road and tell you it needs to list your vehicles, keep customer information, process sales, print paperwork and collect payments but you already know that. Instead, I want to talk about 5 things some DMS software programs will do that can make
I usually keep these blog postings pretty non-commercial. I try to make them on industry related topics and as informative as possible. I decided to make this one a little different in light of our recently announced Business Builder Pricing. We get inquiries from dealers looking to enter the Buy Here – Pay Here or Lease Here – Pay Here business frequently. As the cost of wholesale inventory has risen
I wrote a blog post about a week ago on the growing use of alternative payment methods in Buy Here – Pay Here. My good friend Ken Shilson, president and founder of the National Alliance of Buy Here Pay Here Dealers, just wrote an article on the subject, as well. He has granted me permission to republish it here. It Should Be Called, “Buy Here, Pay There”! by Kenneth B. Shilson,
We all know that cash flow is the lifeblood of the Buy Here Pay Here business. Without a steady stream of customer payments coming in, inventory begins to shrink, sales dry up, and the dealership withers and dies. But what is it that keeps this lifeblood flowing? It’s your data. Without your data, how would you know which customers still owed you how much money? How would you know what
In the most basic terms, there is nothing in the world so completely useless and so utterly frustrating as a computer or software system that doesn’t work. Computer or software downtime leads to increased overhead costs, lost productivity, lost customer satisfaction and sometimes even lost revenues. The quality of the technical support provided by your software companies can minimize the frustration and lost productivity when you do have problems, and you
Buying software for your BHPH or LHPH dealership can be a confusing proposition. You know how you want your dealership to work but finding the right software to make that happen is never easy. Constellation is please to announce the release of our new BHPH / LHPH Software Buying Guide. This 12-page guide explains the features you need to consider when evaluating your current software or software you are considering for
The time has come for you to buy new software for your dealership. You are ready to start the research process but before you begin, whether you run a Buy Here Pay Here or Lease Here – Pay Here dealership, you need to know these 5 things to make sure you purchase the right dealership management software to meet your needs: 1. Existing Technology Knowing your existing technology will enable you to know whether the
