Buy here pay here software that tracks every payment

When you hold the paper yourself, the deal does not end at delivery. It ends when the last payment clears, and in between you need to know who paid, who is late and what you are allowed to do about it. DMS Apex keeps that in the same system as your inventory and deals.

What it does

• Turns an outside deal with your own dealership as the lender into an account: amount financed, rate, term, payment schedule and first due date.
• Works out the payment, the finance charge and the Truth in Lending numbers, and prints the disclosure.
• Records every payment with how it was paid and prints a receipt. Payments go to late fees first, then interest, then the balance, with interest counted by the day.
• Shows every account that is behind, how many days late and how much, sorted so you know who to call first.
• Charges late fees under your own terms, with grace days, and lets you waive a fee with a reason on record.
• Keeps a collection log with calls, texts, letters and promises to pay, plus insurance and GPS or starter-interrupt details on each account.
• Prints payoff letters, statements, a payment schedule, a paid-in-full letter, a notice of default with the right-to-cure period for your state, and a notice of intent to sell a repossessed car.
• Shows the rate limit, late fee limit, license and notice rules found for your state next to the terms you are setting, and warns you when your terms look outside them.

What it does not do

• It does not send texts or take card payments for you.
• It does not report to credit bureaus.
• It is not legal advice. Rules for dealer financing differ by state and change; the notices are templates to review with your attorney.

Selling cars on dealer financing is regulated. Many states require a sales finance license or cap rates and late fees. The state notes in DMS Apex come from statutes and regulator pages and say how sure the research was; confirm them for your situation.

How it works

1. Sign up and set your state and dealer details.
2. Add your cars from the VIN.
3. Start a sale, and print the Buyer's Order and your state's forms.

Simple pricing

$28 a month, flat, with everything included. 15-day free trial, no contract and no setup fee. A card is needed to open the account and is charged on day 15 unless you cancel before then.