Westlake Buy Program™
Westlake Financial and Nowcom are sister companies that have teamed up to integrate the best of both worlds into DealerCenter. Westlake Financials Buy Program is available to dealers that have signed up with Westlake and is accessible here at www.DealerCenter.net . This system allows you to structure a deal and by manipulating the car price, loan term, and customer down payment an indicator will let you know if the deal is instantly approved.
The Westlake Buy Program has an automatic tier-filtering waterfall effect and it’s designed to help dealers structure the smartest and most profitable deal benefitting both the dealership and the customer. While structuring a deal you can use the helpful on-screen hints to help build the best possible deal. These hints will guide you to build the best deal possible for both the customer and dealership.
The Westlake Buy Program allows you to:
- Obtain instant, automatic approvals 24 hours a day without the need to speak with a credit analyst
- Use the Buy Program MVP to automatically structure an approval for every car on your lot
- Eliminate guesswork from deals by allowing the Buy Program Wizard to score and structure the approvals for you
Standard program
For tough-to-finance customers, provides dealerships with maximum flexibility:
- No age or mileage limits on vehicles
- No minimum customer income requirements
- No minimum FICO score
Preferred program
Perfect for customers with blemished, but established, credit-history:
- No minimum FICO score
- No Open "Derogs"
- BK is OK
Platinum program
Offers better-credit customers with competitive rates and dealerships with
lower discounts and less “stips” to collect:
- APR's as low as 10%
- Minimum 635 FICO
- 1 Repo is OK
