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Confidential & Proprietary Information of The Reynolds and Reynolds Company © 2012
If you do not see a headset next to your name, please go to Audio >
Integrated Voice Conference > Join Conference.
Confidential & Proprietary Information of The Reynolds and Reynolds Company © 2012
For audio help call the Reynolds and Reynolds Software Education Department at (800)
999-6348 + FAC Code + 76282. Class will begin shortly.
Session Three: Negotiating Finance Deals
Confidential & Proprietary Information of The Reynolds and Reynolds Company © 2012Confidential & Proprietary Information of The Reynolds and Reynolds Company © 2012
WebEx Basics
Muting/Un-Muting
Text Chat
WebEx Icon Bar
Annotation Tools
Confidential & Proprietary Information of The Reynolds and Reynolds Company © 2012Confidential & Proprietary Information of The Reynolds and Reynolds Company © 2012
Training Manager Toolbar
Return
to Training
Center
Confidential & Proprietary Information of The Reynolds and Reynolds Company © 2012Confidential & Proprietary Information of The Reynolds and Reynolds Company © 2012
Hands-On Lab Toolbar
• Chat from Hands-On Lab using Notepad
– What happens if you use the in-HOL “chat” feature?
• Where to find the Hands-On Lab toolbar
Return to Hands-On Lab
Training Center “Chat” Feature
Confidential & Proprietary Information of The Reynolds and Reynolds Company © 2012Confidential & Proprietary Information of The Reynolds and Reynolds Company © 2012
Negotiating Finance Deals Objectives
• Use flexible field change codes to change
amounts in the deal
• Use function keys to perform quick changes to
the deal
• Perform rollbacks
• Change the deal type
• Calculate balloon payment
• Sell a vehicle off the truck
• Sell on-order vehicles
Confidential & Proprietary Information of The Reynolds and Reynolds Company © 2012Confidential & Proprietary Information of The Reynolds and Reynolds Company © 2012
Hands-On Lab
Confidential & Proprietary Information of The Reynolds and Reynolds Company © 2012Confidential & Proprietary Information of The Reynolds and Reynolds Company © 2012
Flexible Field Change Codes
1st
Flexible Field Code Item Being Changed
SR Sell Rate
BR Buy Rate
DA Days to First Payment
CT Contract Term
TX (X = a valid tax letter) Tax Rate
CL Change Lienholder
BP Change Balloon %
Confidential & Proprietary Information of
Confidential & Proprietary Information of The Reynolds and Reynolds Company © 2012Confidential & Proprietary Information of The Reynolds and Reynolds Company © 2012
Function Keys
Ctrl + F2 Joint Credit Life
Ctrl + F3 Single Credit Life
Ctrl + F4 A&H
Ctrl + F5 Svc Cont 1
Ctrl + F6 Svc Cont 2
Ctrl + F7 Svc Cont 3
Confidential & Proprietary Information of
Ctrl + F8 Minus _____ %
Ctrl + F9 Plus _____ %
Ctrl + F10 Decrease __ Term
Ctrl + F11 Increase __ Term
Ctrl + F12 Remove all insurance
Confidential & Proprietary Information of The Reynolds and Reynolds Company © 2012Confidential & Proprietary Information of The Reynolds and Reynolds Company © 2012
Rollbacks
Finance Deals
To get to a desired: Flex Field Payment Amount
Payment Enter the flexible field number that
you want to change. For example,
sell price, sell rate, trade allowance,
etc.
Desired payment Leave blank
Confidential & Proprietary Information of
Confidential & Proprietary Information of The Reynolds and Reynolds Company © 2012Confidential & Proprietary Information of The Reynolds and Reynolds Company © 2012
Rollbacks
Amount financed Enter the flexible field number that you
want to change. For example, sell
price, sell rate, trade allowance, etc.
Leave blank Desired amount
financed
* Front end true gross GR Desired Gross
*The difference will always be made up in the selling price of the vehicle.
Finance Deals
To get to a
desired:
Flex Field Payment Amount
Confidential & Proprietary Information of The Reynolds and Reynolds Company © 2012Confidential & Proprietary Information of The Reynolds and Reynolds Company © 2012
Please Stand By
Please stand by…
Confidential & Proprietary Information of The Reynolds and Reynolds Company © 2012Confidential & Proprietary Information of The Reynolds and Reynolds Company © 2012
Next Session’s Objectives
Lease Deals
• Start a lease deal
• Identify what information should be entered in each
lease screen
• Mark which options are due on delivery and which
options are capitalized
• Residualize an option at a different rate
• Prepay excess mileage charges
• Perform rollbacks on lease deals
• Use lease-specific rollbacks to negotiate the lease
payment
• Use the Minimizer feature
Confidential & Proprietary Information of The Reynolds and Reynolds Company © 2012Confidential & Proprietary Information of The Reynolds and Reynolds Company © 2012
Thank you for attending
Negotiating Finance Deals
My email address:
My phone number: (800) 999-6348
My extension:
• For questions regarding POWER ‘Net classes please contact the
Software Education Department at sed@reyrey.com.
• For additional information please refer to http://support.reyrey.com and
select the Training menu. Then choose Catalog to see a list of courses
and times.

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FIN103 (Negotiating Finance Deals)

  • 1. Confidential & Proprietary Information of The Reynolds and Reynolds Company © 2012 If you do not see a headset next to your name, please go to Audio > Integrated Voice Conference > Join Conference. Confidential & Proprietary Information of The Reynolds and Reynolds Company © 2012 For audio help call the Reynolds and Reynolds Software Education Department at (800) 999-6348 + FAC Code + 76282. Class will begin shortly. Session Three: Negotiating Finance Deals
  • 2. Confidential & Proprietary Information of The Reynolds and Reynolds Company © 2012Confidential & Proprietary Information of The Reynolds and Reynolds Company © 2012 WebEx Basics Muting/Un-Muting Text Chat WebEx Icon Bar Annotation Tools
  • 3. Confidential & Proprietary Information of The Reynolds and Reynolds Company © 2012Confidential & Proprietary Information of The Reynolds and Reynolds Company © 2012 Training Manager Toolbar Return to Training Center
  • 4. Confidential & Proprietary Information of The Reynolds and Reynolds Company © 2012Confidential & Proprietary Information of The Reynolds and Reynolds Company © 2012 Hands-On Lab Toolbar • Chat from Hands-On Lab using Notepad – What happens if you use the in-HOL “chat” feature? • Where to find the Hands-On Lab toolbar Return to Hands-On Lab Training Center “Chat” Feature
  • 5. Confidential & Proprietary Information of The Reynolds and Reynolds Company © 2012Confidential & Proprietary Information of The Reynolds and Reynolds Company © 2012 Negotiating Finance Deals Objectives • Use flexible field change codes to change amounts in the deal • Use function keys to perform quick changes to the deal • Perform rollbacks • Change the deal type • Calculate balloon payment • Sell a vehicle off the truck • Sell on-order vehicles
  • 6. Confidential & Proprietary Information of The Reynolds and Reynolds Company © 2012Confidential & Proprietary Information of The Reynolds and Reynolds Company © 2012 Hands-On Lab
  • 7. Confidential & Proprietary Information of The Reynolds and Reynolds Company © 2012Confidential & Proprietary Information of The Reynolds and Reynolds Company © 2012 Flexible Field Change Codes 1st Flexible Field Code Item Being Changed SR Sell Rate BR Buy Rate DA Days to First Payment CT Contract Term TX (X = a valid tax letter) Tax Rate CL Change Lienholder BP Change Balloon % Confidential & Proprietary Information of
  • 8. Confidential & Proprietary Information of The Reynolds and Reynolds Company © 2012Confidential & Proprietary Information of The Reynolds and Reynolds Company © 2012 Function Keys Ctrl + F2 Joint Credit Life Ctrl + F3 Single Credit Life Ctrl + F4 A&H Ctrl + F5 Svc Cont 1 Ctrl + F6 Svc Cont 2 Ctrl + F7 Svc Cont 3 Confidential & Proprietary Information of Ctrl + F8 Minus _____ % Ctrl + F9 Plus _____ % Ctrl + F10 Decrease __ Term Ctrl + F11 Increase __ Term Ctrl + F12 Remove all insurance
  • 9. Confidential & Proprietary Information of The Reynolds and Reynolds Company © 2012Confidential & Proprietary Information of The Reynolds and Reynolds Company © 2012 Rollbacks Finance Deals To get to a desired: Flex Field Payment Amount Payment Enter the flexible field number that you want to change. For example, sell price, sell rate, trade allowance, etc. Desired payment Leave blank Confidential & Proprietary Information of
  • 10. Confidential & Proprietary Information of The Reynolds and Reynolds Company © 2012Confidential & Proprietary Information of The Reynolds and Reynolds Company © 2012 Rollbacks Amount financed Enter the flexible field number that you want to change. For example, sell price, sell rate, trade allowance, etc. Leave blank Desired amount financed * Front end true gross GR Desired Gross *The difference will always be made up in the selling price of the vehicle. Finance Deals To get to a desired: Flex Field Payment Amount
  • 11. Confidential & Proprietary Information of The Reynolds and Reynolds Company © 2012Confidential & Proprietary Information of The Reynolds and Reynolds Company © 2012 Please Stand By Please stand by…
  • 12. Confidential & Proprietary Information of The Reynolds and Reynolds Company © 2012Confidential & Proprietary Information of The Reynolds and Reynolds Company © 2012 Next Session’s Objectives Lease Deals • Start a lease deal • Identify what information should be entered in each lease screen • Mark which options are due on delivery and which options are capitalized • Residualize an option at a different rate • Prepay excess mileage charges • Perform rollbacks on lease deals • Use lease-specific rollbacks to negotiate the lease payment • Use the Minimizer feature
  • 13. Confidential & Proprietary Information of The Reynolds and Reynolds Company © 2012Confidential & Proprietary Information of The Reynolds and Reynolds Company © 2012 Thank you for attending Negotiating Finance Deals My email address: My phone number: (800) 999-6348 My extension: • For questions regarding POWER ‘Net classes please contact the Software Education Department at sed@reyrey.com. • For additional information please refer to http://support.reyrey.com and select the Training menu. Then choose Catalog to see a list of courses and times.

Editor's Notes

  1. Note: If customers dock their local machine’s taskbar on the top or left/right of their screen (rare), the HOL toolbar is automatically moved to the opposite side of their screen. Help customers find the HOL toolbar by looking for the green bar.
  2. Continue to next slide.
  3. Begin application share to show them how to do rollbacks.
  4. This slide can be used if there are any problems with the session or if you lose communication. You can also use this slide if you will be opening a file and you need them to wait for a couple of seconds.