CLIFTON PARK, N.Y. — Auto/Mate Dealership Systems announced it has entered into a joint marketing agreement with Constellation Automotive Software that will allow both companies to promote each other dealer management solutions to their respective customers. For users of Auto/Mate’s dealership management system (DMS), the partnership will provide them with a software solution that allows them manage a buy-here, pay-here operation.
“As special finance lending sources have dried up in recent years, many franchised dealerships have lost market share of this growing segment of the population,” said Mike Esposito, president and CEO of Auto/Mate. “Constellation Auto’s BHPH solution makes it possible for them to transition into this market.”
The MSP Buy-Here-Pay-Here solution allows dealers to set up loans in-house, eliminating the need to outsource loans to third-party vendors, according to the companies. It works to improve collection performance while reducing associated paperwork and administrative functions.
Auto/Mate’s F&I Desking and Billing Module offers dealerships a user-friendly “Deals Screen” featuring drop-down menus for program selection. There is no limit to the number of contracts and forms that can be entered and no limit to the number of deals that can be stored on the “open deal” file.
“Once a dealership has lost the ability to service their customers by not being able to arrange financing for them, it is difficult, if not impossible to ever recover their business,” said Al Mosher, business development manager of Constellation Automotive Software. “BHPH software allows dealers to service these customers so, as their credit improves, they will remain loyal customers who will purchase more vehicles in the future.”