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 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.
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 to Override and enter the rate in.
Click on this dropdown to change the lease payment frequency.
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.
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.
Start Term/Term Increment
These fields indicate the initial term and how many months it will go up by for the three payment options given. You can manually adjust these values by typing in the box as well.
Similar to the down payment fields, it will also change how the payments are presented.
The payments options now start at a 24 month term and go up by 12 months each time.
Annual mileage can be manually adjusted to accommodate low-mileage leases. Ensure you enter the full kilometer amounts in the text box (i.e. 20000 or 16000).
Desk also allows you to add multiple security deposits. This will automatically adjust the the rate according to the manufacturer's schedule.
Lease Bank Rate
The default bank rate is determined at dealer set-up, but can also be modified on a deal by deal basis as well.
More Lease Options
Clicking on this option will display some of the Advanced Lease Options and Residual Values.
Advanced Lease Options are determined at dealer set-up, but can also be modified on a deal by deal basis.
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.