Managing Lease Options

Lease Options

Default lease options are determined by the dealer during dealer set-up. These defaults will automatically show up when you open Desk and/or reset the deal. Should you wish to change these default settings, please discuss with your Autovance support person.

Adjusting Lease Options

You can change these values on a deal by deal basis, depending on what your customer is looking for. 

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Finance Lenders

Alternate Finance Lenders can be selected from this dropdown:

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Lease Rates

Lease rates will default to the manufacturer incentivized rate. To change this, simply select from the options below the rate to change to the Bank Rate or Override and enter the rate in. 

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Payment Schedule

Click on this dropdown to change the lease payment frequency:

Lease Rate Reduction

If there is a Grad or Loyalty program associated with the Model and Trim, clicking on this dropdown will allow you to adjust the rates. This is not the same as a Grad or Loyalty dollar amount rebate. Selecting from this menu is for the rate reduction only.

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Base Down Payment/Down Increment

These fields indicate where the down payment amount will start and how much it will go up by for the three payment options given. You can manually adjust these values by typing in the box.

 

This will change how the payments are presented.

 

As you can see, the down payments now start at $1,000 and go up by $1,000 each time.

Lease Terms

These fields indicate the three lease terms that will be displayed. You can manually adjust these values by typing in the boxes. Hitting "enter" or clicking outside the box will apply the new term and automatically update the payments.  

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Similar to the down payment fields, it will also change how the payments are presented. 

 

Annual Mileage

Annual mileage is selected from the dropdown:

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Security Deps.

Desk allows you to add multiple security deposits. This will automatically adjust the rate according to the manufacturer's schedule. 

More Lease Options

Clicking on this option will display the Advanced Lease Options and Residual Values. 

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Advanced Lease Options are determined at dealer set-up, but can also be modified on a deal by deal basis. 

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Residual values are populated based on the manufacturer's current program. They can be manually adjusted as well. If you manually change a residual value and would like to change it back to the default, simply delete the value you entered, leaving the box blank, and tab or click out of the space.

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Excess Mileage Cost

Excess Mileage Cost can be updated here:

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