Create a New Lease Deal

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

   Note: 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.

   

   Note: Any defaulted settings that cannot be edited on this screen are edited by using the button. 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 Lease 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 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 to open a calendar.
   1. Click on the 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.

   

Enter deal information from your Dealership Management System:

1. Enter the Term and Rate.
2. Choose Use Rate or Use Factor.
3. Enter the corresponding Rate % or Factor #.
4. Enter the Residual value.
5. Click on the button to select the # of Pmts/Year.
6. In the Base Payment from DMS field, enter the unsecured or base payment.
7. Enter any applicable Lien amount.
8. Enter any applicable Periodic Admin Fee.
9. Click to check any applicable Residual Settings.

1. To calculate the deal using the values entered, click on the button. This will determine the total Cap. Amount.
2. To add F&I products to this deal, see Apply F&I Menus.

   OR

3. To save your changes to this point, click on the button.

See Also: Print Deal