Remaining balance on Current Vehicle

Down Payment amount or amount of cap cost reduction.

Amount pre-approved

The gross calculated amount of a financial transaction.

The negotiated value of the trade-in vehicle.

Maximum Limit Amount for financing

Minimum Limit Amount for financing

Purchase Price or Gross Cap cost specified in deal. Total payments at end of purchase

Remaining residual on current vehicle

Trade Allowance is the second component of the negotiated trade vehicle amount, the primary portion being the wholesale amount of the trade vehicle.

The gross trade-in amount minus the payoff amount.

Actual wholesale value of a used vehicle.

Rebate on sales tax previously paid on the vehicle.

The balance owed on lease that is being terminated. This balance is amount being financed.

Last month payment amount

The balance owed on lease that is being terminated. This balance is amount being paid upfront. This is the amount paid upfront to cover negative equity on a trade-in.

An sales tax amount that is exempted on a monthly basis.

An amount that is exempted from a sales tax.

Security deposit is the amount paid to cover damage, excess mileage or excess wear and tear on a leased vehicle.

The number of miles, kilometers, etc. allowed annually for a balloon contract.

Equipment allowed by finance source to be added to the residual value of a vehicle.

Monthly payment amount before dealer add-ons (i.e., does not include fees, taxes, etc.)

Mileage allowed under terms of contract

The cost per mile in excess of the lease agreement.

Dealer Rebate amount.

Deferred Down Payment amount.

The rate charged per mile over the annual miles allowed.

Estimated number of miles above the contracted annual mileage.

The total interest paid on the contract.

Total of life, accidental and health insurance cost/extended warranty cost.

Percentage used to determine finance cost of a lease.

Manufacturer rebate amount

The ration of the amount financed compared to the value of the vehicle identified in a vehicle evaluation guide (EX: Nada Guide)

Total net financed amount after all trade-in, incentives, etc. The total amount of the loan.

Leasing value derived from the cash selling price.

Sum of Down Payment, Dealer Rebates, and any other cash payments that reduce the amount financed.

Base Tax Component.

The Fee component represents the fees associated with the vehicle being financed.

Indicates the amount of credit life premium insurance being purchased for the vehicle.

Indicates amount of disability premium insurance being purchased for the vehicle.

Monthly Payment Amount

The purpose of the OtherDownPayments component is to group detailed information regarding other downpayment information such as Manufacturer Rebate, Deferred Downpayment, Millitary Rebates, College Rebates, Loyalty Cash, etc. together.

The percentage of the total amount given in cash by the customer to buy the vehicle.

Amount paid by financial lender to dealer for arranging financing on credit contract.  Note:  this is the dealer’s participation, if lender does not pay 100% finance reserve to the dealer.

Manufacturer’s Suggested Retail Price for vehicle.  Primary component used for a vehicle’s residual value basis (balloon/lease deal types.)

Package discount applied to a lease or balloon deal that affect the total residual for the deal.

Amount the customer would like to pay monthly for the vehicle.

To communicate all of the activities during a sales lead or a final sale.

Use this "Price" element to describe "Due On Amounts" such as DealerIncentiveAmount, OEM Incentives (Military, Loyalty, and more), Vehicle Registration Transfer Fee, Dealer Custom Fee. And also to descibe "Payments Totals".

Payments total amount.

Dealer profitability.