All sales are handled in a similar manner using your new Wayne Reaves Car Program.

Whether you want a simple cash sale, or a cash sale with a lien holder assigned or perhaps a more complex buy here pay here deal or financing with a bank or finance company. The program will also handle leasing and rent to own, very popular today and seem to be replacing traditional buy here pay here transactions because of the more favorable income tax and in some cases sales tax situations. We have also seen a rise in used car leasing as a result of the rise in bankruptcies. However you want to deliver the car, retail, wholesale or leasing or rent to own, you can do with your Wayne Reaves Car Program.

You simply begin by typing in the customers name and address, and of course the telephone numbers where they can be reached. The computer program will help you stay in compliance with many laws as you go. The Executive Order 13224, part of the Homeland Security Patriot Act from 2001, requires you check the OFAC’s SDN list, (commonly called the blocked persons list), the program does this as soon as you put in the customers name. The federal privacy law effective in 2001 and safeguards procedures effective 2003, the recent red flag rules effective already but to be enforceable May 1, 2009. Required notices and prompts help you stay in compliance with these complex laws. For more information on how we keep you compliant please call our sales staff at 800-701-8082.

Now you have the customers information, all you do is select the vehicle from the inventory you have in the program already, or add it as you go, then on to the finance deal screen, choose the type of deal you want it to be. Make sure you have the sales price and payment terms you want, the program will ask you how you are receiving funds on this deal to maintain compliance with the IRS cash reporting requirements.

Next in line is printing, this is primarily done using a laser jet printer. One click and all your forms are created and filled out at the same time. Customized print lists are created for different types of deals, cash, buy here pay here or financed through a third party bank. Okidata impact printing is supported for your finance contracts, warranty forms, title applications etc. For information about what is printed for your state please call Technical Support at 888-477-9707.

Save your deal and you are done, the program automatically moves the vehicle out of active inventory and puts in the sold category, the money received gets posted on to today’s cash sheet to match the deposit slip for the bank and if the customer or bank owe you money, it creates the account receivable.

Manage your inventory easily, enter the VIN and before you blink, the year, make and model fill themselves in. Keep up with expenses on each vehicle. Always know your total costs, including floor plan fees, hauling fees, details, repairs etc.

Use the inventory manager to keep different types of vehicles separate; Cars, RV’S, Tractors, Scooters, ATV’s, Horse Trailers … etc.

Print Buyers Guides (you may know them as the AS-IS window sticker), Option Equipment Stickers, Consignment Agreements and, when needed Bill of Sales and Odometer Disclosures, from the person or business you are buying the vehicle from.

Easily add pictures of your vehicles, before and after for paint and bodywork, print pictures for customers to take home, pictures can be e-mailed to prospective customers, use them to help in case of repossessions.

One click to send your cars to your integrated website, with the pictures you added, the options you chose and the description you filled in. It can be removed automatically once it has been sold or left up for a few more days with the word “sold” next to it.

Multiple report options for inventory are at your fingertips, all the information you need, all the time.

Still using Tracker Suite? Yes we can convert your inventory data.

Using Black Book Online? Always be up to date with the black book value. For information about black book online please contact Pat at 800-554-1026. Be sure to mention us when you call.

Quick links in your inventory manager will take you to Auto Check or CARFAX.

Powerful reporting is a tool that no business should be without. Now you have the best in the business, divided into easy to understand categories and easy to read and understand reports your system will transform your knowledge about your business. Sales reports, inventory reports and account receivable reports top the list followed by cash sheets, sales tax and reports specific to your state. Finance company reports for those with a built in related finance company. Rent to own and leasing reports for businesses that are tracking leases.

Federal privacy laws require annual notices be sent, print reports for these and the tracking of those individuals that have opted out. Print reports for the IRS during an 8300 audit showing cash received and individuals who have paid you more than $10,000- in the last 12 months.

Homeland security reports the dates names were checked and the date of the database that they were checked against.

Collection reports are extensive and you can print reports based on customer types (slow payers, bankrupt, finance company, car lot, charge off, repossessed, starter interrupt, GPS or combinations of them), and of course vary the days late.