The program will track the sale type of each deal for reporting purposes.
You may define a deal as being one of these types:
- Retail: -- This is the standard deal type. If you sell a vehicle to a private
person for personal use, you will choose this option. This is also the default option in
the software.
- BHPH: -- This marks a deal as being a Buy-Here/Pay-Here deal. If you select a
finance source which was previously
set up as a Buy-Here/Pay-Here finance source,
the Sale Type will default to BHPH.
- Wholesale: -- This marks a deal as a wholesale deal, e.g. you are selling
your vehicle to another dealer who will then sell the vehicle to the public.
- Fleet: -- This marks that your vehicle sale was part of many deals grouped
together and sold (usually to a company or corportation) as a group.
- Quote: -- This marks your deal as a quote and not as a true
deal. Use this option if you wish to work numbers for customers who may take this
deal information to a bank to obtain their own financing. When you use the
Quote value, the software understands that this is not to be treated as a true
deal.