Uses the Component:FinancingType
Financing related to credit, lease, or loans.
Table 6.41. Fields and Components
| Name | Description | Occurrence | Type | Data Type | User Notes |
|---|---|---|---|---|---|
| FinanceType |
Type of financing Examples may be F- Finance, L - Lease, C-Cash, 1-Retail, 2-Lease, 3-Balloon, etc. | 0..1 | Field | oag:StringType | |
| PaymentAmount |
Monthly Payment Amount | 0..1 | Field | oag:AmountType | |
| FinalAmount |
Last month payment amount | 0..1 | Field | oag:AmountType | |
| ResidualAmount |
Remaining residual on current vehicle | 0..1 | Field | oag:AmountType | |
| TermMeasure |
Number of months of contract term | 0..1 | Field | sqdt:TimeMeasureType | |
| MaturityDateYearMonthDate |
Month and year of contract maturity | 0..1 | Field | oag:YearMonthDateType | |
| WholesaleValueAmount |
Actual wholesale value of a used vehicle. | 0..1 | Field | oag:AmountType | |
| TradeAllowanceAmount |
Trade Allowance is the second component of the negotiated trade vehicle amount, the primary portion being the wholesale amount of the trade vehicle. | 0..1 | Field | oag:AmountType | |
| DownPaymentAmount |
Down Payment amount or amount of cap cost reduction. | 0..1 | Field | oag:AmountType | |
| PurchasePriceAmount |
Purchase Price or Gross Cap cost specified in deal. Total payments at end of purchase | 0..1 | Field | oag:AmountType | |
| ApprovedIndicator |
Approved Indicator | 0..1 | Field | oag:IndicatorType | |
| ApprovedAmount |
Amount pre-approved | 0..1 | Field | oag:AmountType | |
| ExpirationDate |
Expiration Date | 0..1 | Field | oag:xbt_DateType | |
| RatingIndex |
Rating Index Used for Credit Approval | 0..1 | Field | oag:CodeType | |
| MaximumLimitAmount |
Maximum Limit Amount for financing | 0..1 | Field | oag:AmountType | |
| MinimumLimitAmount |
Minimum Limit Amount for financing | 0..1 | Field | oag:AmountType | |
| ClientAdvisorName |
Indicates the name of the Client Advisor responsible for creating the Financing comments | 0..1 | Field | oag:NameType | |
| FinancingComments |
Free form text area for Client Advisor to provide general comments about the Financing | 0..* | Field | oag:TextType | |
| PreApprovalID |
The pre-approval identifier assigned by the finance source. | 0..1 | Field | oag:OpenIDType | |
| LeaseMaturityDate |
The date that the lease matures. | 0..1 | Field | oag:xbt_DateType | |
| GrossAmount |
The gross calculated amount of a financial transaction. | 0..1 | Field | oag:AmountType | |
| PaymentFrequency |
Frequency that customer makes regularly scheduled payments to their lien holder. | 0..1 | Field | oag:RecurrencePatternCodeContentType |
The XML Sample provided here is an approximation of the generated XML for this component. Not all of the fields are required for implementation.
Example 6.47. CreditFinancing
<CreditFinancing>
<FinanceType>......</FinanceType> [0..1]
<PaymentAmount>......</PaymentAmount> [0..1]
<FinalAmount>......</FinalAmount> [0..1]
<ResidualAmount>......</ResidualAmount> [0..1]
<TermMeasure>......</TermMeasure> [0..1]
<MaturityDateYearMonthDate>......</MaturityDateYearMonthDate> [0..1]
<WholesaleValueAmount>......</WholesaleValueAmount> [0..1]
<TradeAllowanceAmount>......</TradeAllowanceAmount> [0..1]
<DownPaymentAmount>......</DownPaymentAmount> [0..1]
<PurchasePriceAmount>......</PurchasePriceAmount> [0..1]
<ApprovedIndicator>......</ApprovedIndicator> [0..1]
<ApprovedAmount>......</ApprovedAmount> [0..1]
<ExpirationDate>......</ExpirationDate> [0..1]
<RatingIndex>......</RatingIndex> [0..1]
<MaximumLimitAmount>......</MaximumLimitAmount> [0..1]
<MinimumLimitAmount>......</MinimumLimitAmount> [0..1]
<ClientAdvisorName>......</ClientAdvisorName> [0..1]
<FinancingComments>......</FinancingComments> [0..*]
<PreApprovalID>......</PreApprovalID> [0..1]
<LeaseMaturityDate>......</LeaseMaturityDate> [0..1]
<GrossAmount>......</GrossAmount> [0..1]
<PaymentFrequency>......</PaymentFrequency> [0..1]
</CreditFinancing>