DealersEdge Professional Forums

Looking at our 2018 reserve balance, I am baffled as to why it wouldn't be higher. Since the wonderful PASE program started they took away our 1% discount and turned it return reserve, I believe. That would make me think that our reserve number would have been higher than last year, that's not the case though. We are at about the same number as last year. Any clue what I am missing?

From what I am reading in P&P manual they took away the CSO 1% discount and made it return reserve. See exhibit 2 page 33 in the P&P manual.

PASE didn't take that discount and turn it to return reserve, they just eliminated it all together

My return reserve actually went up YOY for the first time since 2013. My purchase % went up a lot though too so it's mostly based off of that. Check your daily report and compare YOY purchases.

Revisiting this issue. Anyone else notice an increase in their reserve earnings over 2017. According to what I read, the 1% discount went to return reserve, so in my way of thinking our reserve should have went up quite a bit over 2017 in relation to purchases. I do not see that here, my APM said I should see if I can find a discrepancy and let him know, I haven't found anything that jumps out at me. I must be missing something or reading something wrong.