Offer customers the convenience of in-house financing with Lot Wizard’s Buy-Here-Pay-Here for used car dealerships. Our BHPH module is built-in and does not cost extra.
Account balances
Payment histories
Payment receipts
Online payments
No extra cost
Servicing loans in Lot Wizard is easy because all the features you need to operate smoothly are already built-in. Account balances and payment histories are at your fingertips. Receipts are ready to print each time you receive a payment. Delinquent customers are highlighted. We have refined this system for years, and it is ready to make you money.
Features
Receive Payments with Ease Collect Payments, Late Fees, and Additional Charges on one easy-to-use screen.
Custom Letter Writer Integrated word processor grants you power to create collection, reminder and any other custom letters using customer vehicle and loan data.
Instant Payment History Highlight your customer and instantly see your customer’s payment history including payment date, payment amount, interest paid, principal paid and more.
Payment Coupons Highlight your customer and instantly see your customer’s payment history including payment date, payment amount, interest paid, principal paid and more.
Customers can Pay Online Stop taking payment phone calls and allow customers to make their BHPH payments online. Learn more.
Simple Interest Interest charges are calculated on a daily basis on the existing balance.
Customer Statement Quickly print out a customer loan statement detailing payment history and balances.
Metro 2 Optional Metro 2 file creation for credit bureau reporting.
Receivables Report View important data such as total payments made, scheduled payments, late fees, days past due, amount past due, number of payments late and aging summary for your loan portfolio.
Receipt Report Track payment receipts by checks, cash and credit cards for deposits.
Recap Report Get an overall synopsis of balances for your BHPH accounts.
Missing Receipt Journal Minimize potential theft and loss by locating missing or deleted payments.
Salesman Commission Reports Helps calculate sales commissions when your salesman’s commission is based on money received from BHPH customers.
Finance Company Export Create export files for BHPH finance companies like United Acceptance.
Custom & Standard Reports Lot Wizard offers a wide variety of custom and built-in reports to help keep you informed!
Take Lot Wizard for a Spin!
Try Lot Wizard free for 30 days. No credit card required.
