Uses the Component:FinancingAmountsType
Estimated Finance amounts.
Table 6.45. Fields and Components
Name | Description | Occurrence | Type | Data Type | User Notes |
---|---|---|---|---|---|
BalanceAmount |
Remaining balance on Current Vehicle | 0..1 | Field | udt:AmountType | |
DownPaymentAmount |
Down Payment amount or amount of cap cost reduction. | 0..1 | Field | udt:AmountType | |
ApprovedAmount |
Amount pre-approved | 0..1 | Field | udt:AmountType | |
GrossAmount |
The gross calculated amount of a financial transaction. | 0..1 | Field | udt:AmountType | |
GrossTradeInAmount |
The negotiated value of the trade-in vehicle. | 0..1 | Field | udt:AmountType | |
MaximumLimitAmount |
Maximum Limit Amount for financing | 0..1 | Field | udt:AmountType | |
MinimumLimitAmount |
Minimum Limit Amount for financing | 0..1 | Field | udt:AmountType | |
PurchasePriceAmount |
Purchase Price or Gross Cap cost specified in deal. Total payments at end of purchase | 0..1 | Field | udt:AmountType | |
ResidualAmount |
Remaining residual on current vehicle | 0..1 | Field | udt: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 | udt:AmountType | |
NetTradeAllowanceAmount |
The gross trade-in amount minus the payoff amount. | 0..1 | Field | udt:AmountType | |
WholesaleValueAmount |
Actual wholesale value of a used vehicle. | 0..1 | Field | udt:AmountType | |
TradeInSalesTaxCreditAmount |
Rebate on sales tax previously paid on the vehicle. | 0..1 | Field | udt:AmountType | |
PriorCreditOrLeaseOwedOnTradeAmount |
The balance owed on lease that is being terminated. This balance is amount being financed. | 0..1 | Field | udt:AmountType | |
FinalAmount |
Last month payment amount | 0..1 | Field | udt:AmountType | |
UpfrontNetTradePayoffAmount |
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. | 0..1 | Field | udt:AmountType | |
MonthlySalesTaxExemptionAmount |
An sales tax amount that is exempted on a monthly basis. | 0..1 | Field | udt:AmountType | |
SalesTaxExemptionAmount |
An amount that is exempted from a sales tax. | 0..1 | Field | udt:AmountType | |
SecurityDepositAmount |
Security deposit is the amount paid to cover damage, excess mileage or excess wear and tear on a leased vehicle. | 0..1 | Field | udt:AmountType | |
AnnualAllowedDistanceMeasure |
The number of miles, kilometers, etc. allowed annually for a balloon contract. | 0..1 | Field | sqdt:LengthMeasureType | |
ApprovedEquipmentAmount |
Equipment allowed by finance source to be added to the residual value of a vehicle. | 0..1 | Field | udt:AmountType | |
BasePaymentAmount |
Monthly payment amount before dealer add-ons (i.e., does not include fees, taxes, etc.) | 0..1 | Field | udt:AmountType | |
ContractTermDistanceMeasure |
Mileage allowed under terms of contract | 0..1 | Field | sqdt:LengthMeasureType | |
CostPerDistanceAmount |
The cost per mile in excess of the lease agreement. | 0..1 | Field | udt:AmountType | |
DealerRebateAmount |
Dealer Rebate amount. | 0..1 | Field | udt:AmountType | |
DeferredDownPaymentAmount |
Deferred Down Payment amount. | 0..1 | Field | udt:AmountType | |
ExcessDistanceRateAmount |
The rate charged per mile over the annual miles allowed. | 0..1 | Field | udt:AmountType | |
ExcessPerYearDistanceMeasure |
Estimated number of miles above the contracted annual mileage. | 0..1 | Field | sqdt:LengthMeasureType | |
FinanceChargeAmount |
The total interest paid on the contract. | 0..1 | Field | udt:AmountType | |
InsuranceTotalExtendedWarrantyAmount |
Total of life, accidental and health insurance cost/extended warranty cost. | 0..1 | Field | udt:AmountType | |
LeaseRatePercentage |
Percentage used to determine finance cost of a lease. | 0..1 | Field | udt:PercentType | |
ManufacturerRebateAmount |
Manufacturer rebate amount | 0..1 | Field | udt:AmountType | |
MSRPGuidePercentage |
The ration of the amount financed compared to the value of the vehicle identified in a vehicle evaluation guide (EX: Nada Guide) | 0..1 | Field | udt:PercentType | |
NetAmountFinanced |
Total net financed amount after all trade-in, incentives, etc. The total amount of the loan. | 0..1 | Field | udt:AmountType | |
NetCapitalizedCostAmount |
Leasing value derived from the cash selling price. | 0..1 | Field | udt:AmountType | |
TotalReductionsAmount |
Sum of Down Payment, Dealer Rebates, and any other cash payments that reduce the amount financed. | 0..1 | Field | udt:AmountType | |
Tax |
The Tax component represents information about a particular tax including information about the type of tax and the amount of the tax. | 0..* | Component | TaxType | |
Fee |
The Fee component represents the fees associated with the vehicle being financed. | 0..* | Component | FeeType | |
CreditLifePremiumAmount |
Indicates the amount of credit life premium insurance being purchased for the vehicle. | 0..1 | Field | udt:AmountType | |
DisabilityPremiumAmount |
Indicates amount of disability premium insurance being purchased for the vehicle. | 0..1 | Field | udt:AmountType | |
PaymentAmount |
Monthly Payment Amount | 0..1 | Field | udt:AmountType | |
OtherDownPaymentsGroup |
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. | 0..1 | Component | OtherDownPaymentsGroupType | |
DownPaymentPercent |
The percentage of the total amount given in cash by the customer to buy the vehicle. | 0..1 | Field | udt:PercentType | |
FinanceReserve |
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. | 0..1 | Field | udt:AmountType | |
MSRP |
Manufacturer’s Suggested Retail Price for vehicle. Primary component used for a vehicle’s residual value basis (balloon/lease deal types.) | 0..1 | Field | udt:AmountType | |
PackageDiscounts |
Package discount applied to a lease or balloon deal that affect the total residual for the deal. | 0..1 | Field | udt:AmountType |
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 6.45. FinalFinancingAmounts
<FinalFinancingAmounts> <BalanceAmount>......</BalanceAmount> [0..1] <DownPaymentAmount>......</DownPaymentAmount> [0..1] <ApprovedAmount>......</ApprovedAmount> [0..1] <GrossAmount>......</GrossAmount> [0..1] <GrossTradeInAmount>......</GrossTradeInAmount> [0..1] <MaximumLimitAmount>......</MaximumLimitAmount> [0..1] <MinimumLimitAmount>......</MinimumLimitAmount> [0..1] <PurchasePriceAmount>......</PurchasePriceAmount> [0..1] <ResidualAmount>......</ResidualAmount> [0..1] <TradeAllowanceAmount>......</TradeAllowanceAmount> [0..1] <NetTradeAllowanceAmount>......</NetTradeAllowanceAmount> [0..1] <WholesaleValueAmount>......</WholesaleValueAmount> [0..1] <TradeInSalesTaxCreditAmount>......</TradeInSalesTaxCreditAmount> [0..1] <PriorCreditOrLeaseOwedOnTradeAmount>......</PriorCreditOrLeaseOwedOnTradeAmount> [0..1] <FinalAmount>......</FinalAmount> [0..1] <UpfrontNetTradePayoffAmount>......</UpfrontNetTradePayoffAmount> [0..1] <MonthlySalesTaxExemptionAmount>......</MonthlySalesTaxExemptionAmount> [0..1] <SalesTaxExemptionAmount>......</SalesTaxExemptionAmount> [0..1] <SecurityDepositAmount>......</SecurityDepositAmount> [0..1] <AnnualAllowedDistanceMeasure>......</AnnualAllowedDistanceMeasure> [0..1] <ApprovedEquipmentAmount>......</ApprovedEquipmentAmount> [0..1] <BasePaymentAmount>......</BasePaymentAmount> [0..1] <ContractTermDistanceMeasure>......</ContractTermDistanceMeasure> [0..1] <CostPerDistanceAmount>......</CostPerDistanceAmount> [0..1] <DealerRebateAmount>......</DealerRebateAmount> [0..1] <DeferredDownPaymentAmount>......</DeferredDownPaymentAmount> [0..1] <ExcessDistanceRateAmount>......</ExcessDistanceRateAmount> [0..1] <ExcessPerYearDistanceMeasure>......</ExcessPerYearDistanceMeasure> [0..1] <FinanceChargeAmount>......</FinanceChargeAmount> [0..1] <InsuranceTotalExtendedWarrantyAmount>......</InsuranceTotalExtendedWarrantyAmount> [0..1] <LeaseRatePercentage>......</LeaseRatePercentage> [0..1] <ManufacturerRebateAmount>......</ManufacturerRebateAmount> [0..1] <MSRPGuidePercentage>......</MSRPGuidePercentage> [0..1] <NetAmountFinanced>......</NetAmountFinanced> [0..1] <NetCapitalizedCostAmount>......</NetCapitalizedCostAmount> [0..1] <TotalReductionsAmount>......</TotalReductionsAmount> [0..1] <Tax>......</Tax> [0..*] <Fee>......</Fee> [0..*] <CreditLifePremiumAmount>......</CreditLifePremiumAmount> [0..1] <DisabilityPremiumAmount>......</DisabilityPremiumAmount> [0..1] <PaymentAmount>......</PaymentAmount> [0..1] <OtherDownPaymentsGroup>......</OtherDownPaymentsGroup> [0..1] <DownPaymentPercent>......</DownPaymentPercent> [0..1] <FinanceReserve>......</FinanceReserve> [0..1] <MSRP>......</MSRP> [0..1] <PackageDiscounts>......</PackageDiscounts> [0..1] </FinalFinancingAmounts>