Buy Here Pay Here

Offer customers the convenience of in-house financing with Lot Wizard’s Buy Here Pay Here module. BHPH is built-in and does not cost extra. 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 finger tips. 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.

Easy Buy Here Pay Here in Lot Wizard

• 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, principle paid and more.
• Payment Coupons – Highlight your customer and instantly see your customer’s payment history including payment date, payment amount, interest paid, principle paid and more.
• Customers can pay online – Stop taking payment phone calls and allow customers to make their BHPH payments online. More details
• 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 and Standard Reports – Lot Wizard offers a wide variety of custom and built-in reports to help keep you informed!