PTS Guaranteed Asset Protection

Written By Gianna Keene

PTS GAP - Wayne Reaves is excited to announce that we now include PTS GAP forms and BHPH GAP payment tracking in our online Dealer Management Software. PTS GAP offers peace-of-mind protection for both the BHPH customer and dealer. In the event a vehicle is totaled in an accident or is stolen and not recovered, PTS GAP pays the difference between the insurance settlement and the loan balance (up to $2,500 maximum). This allows the dealer to forgive the consumer's debt and put them into a new vehicle loan right away.

PTS GAP is anything but traditional:

  • No out-of-pocket expenses for you (as the dealer)

  • No large down payments for your customers

  • Convenient payment options (weekly/bi-weekly/monthly)

  • Vehicle covered in the same day

  • We have partnered with PTS to make the process easy for you to get started. PTS provides all of the necessary training and marketing materials needed to be successful.

Tracking BHPH GAP payments using Wayne Reaves Software has never been easier.

Gianna Keene
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