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Create a New Finance Deal

  1. Click on the Tab Deals tab. The Deal List will appear.
  2. In the upper, right corner of the screen, click on the Button New Deal button. The Edit [Deal Type] Deal screen will appear. See the example below:

    Embedded JPEG 60 Percent

    Note: Any defaulted settings that cannot be edited on this screen are edited by using the Button Edit This Deal button. The deal type shown when you create a new deal is determined by the Default Deal Type selected in Deal Defaults. See Set Deal Defaults for details. The amounts shown in the Quick Menu box (except for the Base Payment from DMS) are determined by the deal type settings. See Set Default F&I Menu Types for details.

  3. If it is not selected already by default (see note above), click to choose the Finance Deal deal type in the upper, left corner of the screen.
  4. Enter buyer and vehicle details:
    1. At the top of the screen, enter the buyer's Last Name and First Name.
    2. Enter vehicle details (Stock #, Year, Make, Model, and Vin #).
    3. On the right of the Type field, click on the Button Scroll Up Down Lg button to view and select one of the following: New, Used, Demo, Consign.
  5. The Date is set by default to today. To change the Date, click on the Button Scroll Up Down Lg button to open a calendar.
    1. Click on the Button Scroll Up Down Lg button to select the month.
    2. Enter the year.
    3. Click to choose the desired date.
    4. To reset the calendar, click on the Clear button.
    5. To select today's date, click on the Today button.
  6. In the Quick Menu section, click on the Button Edit This Deal button.

    Embedded JPEG 60 Percent

  7. Enter deal information from your Dealership Management System:
    1. Enter the Term, Amortization, and Rate values.
    2. On the right of the Pmts/Yr field, click on the Button Scroll Up Down Lg button to view and select the desired number of payments per year (1, 2, 4, 6, 12, 24, 26, 52, 365).
    3. In the Base Payment from DMS field, enter the unsecured or base payment.
    4. Where applicable, enter/select any Balloon & Residual Settings.
    5. Click on the Button Save button.
  8. To add F&I products to this deal, see Apply F&I Menus.

    OR

  9. To save your changes to this point, click on the Button Save button.

See Also: Print Deal

See Also

Create a New Deal

Create a New Cash Deal

Create a New Lease Deal