This article provides instructions on how to add manufacturer options and extras to a secured asset, which can improve the LVR calculation.
System and business rules
- Only manufacturer options or extras can be accepted. Aftermarket extras can not be added into our system.
Adding vehicle options
- In the Assets > Vehicle Options section, click Add
- Select the appropriate option from the Description drop-down menu. The retail value of the options will be automatically added.
Tip: If the retail value for an option is $0, it means the option has depreciated to $0 value.
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