Finance Professional vs. CARFAX

Finance Pro is an essential element of the ACS System, adeptly managing inventory control, prospect tracking, desk deal handling, form generation, and state reporting, all while keeping an eye on profitability. It seamlessly integrates with your online CRM and website, and when combined with Dealer Pro, it evolves into an all-encompassing Dealer Management System. Moreover, it is equipped with a complete VIN Decoder and features like automatic trade insertions and the efficient removal of sold units, simplifying the process of managing vehicle repair tickets across various locations and readiness statuses. Detailed reporting on inventory valuation and aging is provided, along with effective floor plan tracking, ensuring you have a clear picture of your assets. The system also facilitates internet inventory publishing and allows for thorough tracking of every prospect that the sales team interacts with, ensuring that all financing deal aspects are well-documented. Once prospects are closed, their transition to finance for documentation is seamless, and downloading internet prospects is supported as well. Payment flexibility is a key feature, offering options such as weekly, bi-weekly, semi-monthly, and monthly notes, with provisions for quick notes and unique last payments. Additional services, including gap, credit life, and disability insurance, are also available, enhancing the overall service offering. Furthermore, the incorporation of payment rollback and set payment functionalities significantly boosts the system’s capabilities, establishing it as an invaluable tool for effective financial management. This comprehensive approach not only streamlines operations but also contributes to greater profitability and efficiency in the overall financial workflow.

CARFAX collects information from over 112,000 sources, encompassing every motor vehicle agency in the U.S. and Canada, along with various auto auctions, police and fire departments, repair shops, rental companies, and fleet management operations. Their Vehicle History Reports™ are available for all used cars and light trucks manufactured since 1981. By leveraging the unique 17-character vehicle identification number (VIN), CARFAX is able to generate a report from a vast database containing more than 26 billion records in a matter of moments. Each report offers essential details that can significantly impact a buyer's choice when considering the purchase of a used vehicle. In addition, the CARFAX Buyback Guarantee greatly reduces the risks involved in acquiring pre-owned cars; if a report fails to disclose a DMV-issued branded title, such as salvage or odometer issues, CARFAX commits to buying back the vehicle at its full purchase price. This assurance is an invaluable resource for consumers seeking confidence when making an investment in a used vehicle, ensuring they can proceed with their purchase without unnecessary worry. Ultimately, CARFAX not only provides access to critical information but also fosters a sense of security in the used car buying process.