NADA TIP: Questions to Ask When Buying Vehicle Leasing Software:
àWill it automatically transfer the entire deal structure from the stand-alone leasing software to the dealership’s mainframe or dealership management system (DMS)? Most errors and contracts “bounced” from leasing systems happen because of re-keying errors when the contracts cannot be automatically transferred to the DMS.
àCan the leasing software be installed on several dealership PCs or an application server on the local area network (LAN) instead of a single PC? Dealership sales and F&I staff need to be able to use the leasing applications at their existing PCs and terminals rather than purchasing new equipment to support the leasing software.
àWhy buy leasing software products that can calculate a deal with 200 different financial lenders unless your dealership works with that many lenders?
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