Archive for the ‘DealerCenter’ Category

Press Release: Western Funding Announces Launch of New Program and Reports Sustainable Growth

Tuesday, May 12th, 2015

Western-Funding-Logo-(200px)

Western Funding Announces Launch of New Program and Reports Sustainable Growth

 

FOR IMMEDIATE RELEASE (May 12, 2015):

Las Vegas, NV – Western Funding, a specialized automotive finance company focusing on sub-prime credit, announces its Triple Pay program and reports sustainable growth.  With the launch of Triple Pay, dealers have the opportunity to build a portfolio of accounts that allows them to share in the profits of each deal made.

The launch of this program allows dealers to build a bankable portfolio and receive three different types of payments on the same deal – upfront checks, near portfolio closing, and back-end payment streams.  In order for the dealer to get their first check, the dealership must produce 50 deals.

Click here to read full press release.

Press Release: Western Funding Announces Instant Approvals on DealerCenter

Tuesday, September 2nd, 2014

Western Funding Logo

Western Funding Announces
Instant Approvals on DealerCenter

FOR IMMEDIATE RELEASE (September 2, 2014):
Los Angeles, CA – Western Funding Incorporated is now active on DealerCenter. This integration makes Western Funding financial products more accessible to dealerships by offering instant approvals and the ability to change the structure of the deals to meet the customers need.

“We’re excited to partner with DealerCenter to offer 24/7 instant approvals,” stated Guerin Senter, President of Western Funding Incorporated. “By offering automated decisioning, we’re more efficiently serving our dealership partners. Now we can automatically return an approval with an aggressive deal structure and allow the dealer to adjust it for more profit; this is a huge step toward our goal of serving more dealers.”

Click here to read the full release.

Press Release: Westlake closes $320 million Asset Backed Securitization

Wednesday, July 16th, 2014

FOR IMMEDIATE RELEASE (July 16, 2014):

Los Angeles, CA – On May 28, 2014, Westlake Financial Services closed its fifth Term Asset Backed Securitization (ABS).  JP Morgan served as Structuring Lead Manager and Joint Bookrunner with Credit Suisse as the Co-Lead and Joint Bookrunner.  Wells Fargo and RBS were Co-Managers on the deal. The bond offering was increased from 275MM to 321MM due to significant investor demand.  With five classes of bonds offered, from A1+ to BBB, all were at least three times oversubscribed by investors.

“Westlake’s credit performance has been stable and our business remains strong despite competitive pressures,” stated Paul Kerwin, Westlake Chief Financial Officer.  “We are pleased to see additional names added to our investor base and applaud the efforts of our underwriters in helping make these connections. Our ABS investors can expect us to ramp up our issuances as we continue to make inroads in the franchise dealer market.”

Click here to read more, and share the article from the Westlake facebook or LinkedIn page!

DealerCenter Release Notes – 7-2-2014

Wednesday, July 2nd, 2014

DealerCenter’s Mobile App has been updated.

iPhone and Android Mobile App users can now view the following:

  • Deals submitted to lenders
  • Lender offers
  • Carfax vehicle history reports

Download the update today and get started using the new features.

If you don’t already have the free DealerCenter mobile app, you can download it here:

iPhone app: Go to the iTunes App Store Click here.
Android app: Go to the Google Play Store: Click here.

If you have any questions, please contact your DealerCenter representative:  888-669-2669

Hurry & Sign Up: June 4th – Join DealerCenter’s Payment Processing Webinar

Tuesday, June 3rd, 2014

Learn more about Integrated Payment Processing directly within DealerCenter

Join us June 4, at 10:00 AM or 2:00 PM PDT, for a free 30 minute webinar and hear about:

  • Getting more out of your DealerCenter DMS
  • How payments are integrated with Buy Here, Pay Here
  • The ease of accepting down payments
  • One–step payment processing
  • Automatic, recurring transactions
  • Enhanced data security
  • Protection from breaches

Click here to reserve your spot for the 10:00 AM PDT session!

Click here to reserve your spot for the 2:00 PM PDT session!

Feel free to contact DealerCenter with any questions: 
888-669-2669 or sales@dealercenter.net

 

Going to the NIADA Convention? Sign up and Save $100; Use Promo Code: DealerCenter100

Tuesday, May 20th, 2014

The 2014 NIADA Convention & Expo are June 23-26 at Caesars Palace in Las Vegas.  If you haven’t signed up yet, you can save $100 with the DealerCenter100 promo code.

The total dealer registration cost with the discount at the early bird rate is only $449 for all four days.  This includes most all meals, functions, education, expo, special events, and the National Quality Dealer of the Year Awards Dinner and After Party.

Be Sure to Use Your Promo Code: DealerCenter100 to save!
Early Rate:       $549  $449 (before 5/22)
Regular Rate:  $599  $499 (5/22-6/19)
Onsite Rate:     $649  $549 (after 6/19)

To register and apply the $100 discount code, DealerCenter100, dealers simply need to click here: www.niadaconvention.com.

To see NIADA’s promotional email, click this link: http://www.niada.com/conventionearlyend.php

If you have any questions, please contact NIADA directly at 800-682-3837.

Enjoy the Convention!

 

 

SiriusXM Pre-Owned Program now available

Tuesday, May 20th, 2014

DealerCenter now offers dealers the ability to give SiriusXM to pre-owned vehicle customers through the SiriusXM Pre-Owned Program.  It is a new feature and it  is FREE to DealerCenter dealers. 

All factory-equipped vehicles receive a Free Dealer Demo Service to showcase SiriusXM during test drives and dealers can extend a free 3-month trial to customers to increase satisfaction with their vehicle purchase.

HOW TO ENROLL:

1) Once you’re logged into DealerCenter, from the”ADMIN” tab at the top of the page, select “My Account” from the dropdown

2) Click the “Add New Products” button in the upper right corner of the My Account page

3) Scroll to the bottom of the My Accounts page and click the “Sign up with SiriusXM” button in the bottom left corner; you will go to a pre-filled “Enroll Now” form on the SiriusXM website for you to complete sign up.

If you have questions, please call us: 888-669-2669.

CA Sales and Use Tax Rate Changes – 4/1/2014

Tuesday, March 25th, 2014

Vehicle Industry News:  Effective April 1, 2014, the sales/use tax rates will increase for specific incorporated California cities and zip codes.

 

Click here to see rates and details

 

 

 

 

IADAC Southern California Conference April 11, 2014

Tuesday, March 25th, 2014

IADAC’s Southern California Conference will be held in Balboa Park, San Diego, on Friday, April 11, 2014.

This annual event includes some special guests from Kelley Blue Book’s valuation team, attorneys Michael C. Rogers and Christian Scali and more.  You’ll also find the industry’s top rated vendors on hand with their latest products and services to help you be more profitable!  Attend the Conference and realize reduced liability plus greater profits!

It’s just $59 per person and that includes lunch and dinner.

Click here to download the registration form

DealerCenter Release Notes – February 19, 2014

Wednesday, February 19th, 2014

Here are the latest updates to DealerCenter from our latest product release:

1)      Online Ad Post Updates

DealerCenter’s online marketing solution, Online Ad Post, has been enhanced.  Instead of Standard and Deluxe versions, now there’s just one Online Ad Post.  It has the functionality and flexibility you want at a great, low price. 

Online Ad Post supports your online marketing efforts to post classified sites as well as free exporting to your accounts with over 100 additional sites.

  • Automated or manual ad posting to Craigslist
  • Upload to social media outlets
  • Upload to AutoTrader® and Cars.com accounts
  • Vehicles marked as sold are automatically removed from AutoTrader® and Cars.com sites
  • View ads submitted to Craigslist, currently active and email traffic reporting from Craigslist for automated ads
  • Special pricing functionality to set sale prices for set periods of time
  • Enhanced photo management capabilities

 

2)      Bulk Edit Deals

This release introduces functionality that will help dealers maintain their list of deals by allowing for bulk editing of multiple deals.

To begin editing deals, the dealer will select “Bulk Edit Deal” from the Work Deal Menu.

bulk edit deal

Selecting Bulk Edit Deal will open the editing window. The dealer will then be able to filter the deal list by Status and Deal Date. The Dealer will then select the deals to edit and change the status of those deals.

 

3)      Right Click Copy/Paste

This deployment introduces the ability to Cut, Copy, and Paste via right click on the mouse.

right click copy paste

 

4)      Book Sheet Included in Fax Submission

The fax submission functionality has been updated to include the vehicle book sheet in the fax package that is sent to the dealer’s fax lenders. Either the KBB or Nada sheet will be sent based upon the dealer’s state if the dealer has an active subscription to that book product. If the dealer does not subscribe to the book for his state, the fax will still be sent, but the book sheet will not be part of the fax package.

 

5)       Increase Exporting Limit

The exporting limit in DealerCenter has been raised form 500 records to 300 records with this deployment.

 

6)       Change Title of Vantage Score on Credit Report Screen

The displayed label of the Vantage score has been updated to read Vantage Score on the Credit Report

 

7)       Show Latest Offer Status in Offer Detail

The sub-grid at the bottom of the “All Submitted Deals” report has been updated to display the most recent offers in order of time received