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CLIFTON PARK, NY (November 14, 2011) – Auto/Mate Dealership Systems (www.automate.com) announced today it has entered into a joint marketing agreement with Constellation Automotive Software, developers of the Management System Plus Buy Here – Pay Here software for auto dealerships (MSP). The agreement allows both companies to promote each other’s dealership management solutions to their respective customers. For auto dealers using Auto/Mate’s dealership management system (DMS), the addition of Constellation’s MSP Software allows them opportunities to finance their own customers.
“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.”
“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.”
An additional advantage of BHPH software is that it allows dealers to retail cars they take in trade that they would normally wholesale. This adds significantly to the bottom line of used cars departments as they can make more deals and expand their customer reach.
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. The ability to successfully manage these loans requires a great amount of flexibility in setting up the initial finance contract; including down payments and timing of payments based on when customers receive their paychecks (i.e. weekly, bi-weekly, etc.). The MSP Buy Here – Pay Here solution greatly improves 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, so that a salesperson can sit with a customer and enter in as many variables as needed to reach a deal that satisfies the customer.
The joint marketing agreement is effective immediately. For additional information, please contact your sales representative from Auto/Mate or Constellation Automotive Software.
Auto/Mate Dealership Systems is a leading provider of dealership management system (DMS) software to retail automotive dealerships. Its Automotive Management Productivity Suite (AMPS) is a user-friendly, feature-rich dealership management software in use by more than 900 auto dealers nationwide. Auto/Mate offers the best customer service in the industry; the company received top satisfaction rankings in NADA’s most recent DMS provider survey.
Auto/Mate’s employees have more than 300 years of combined experience working in auto dealerships – the foundation of its “Designed by Car People, for Car People” slogan. For more information, visit www.automate.com, follow us on Twitter @AutoMateDMS and subscribe to our blog at https://automate.com/blog/.