Payment Options Breakdown

1- This is the “Term” section of the worksheet. This shows options for different length of the loan (How Long The Customer Will Make Payments On The Vehicle) The most common option is 72 months (6 Years) Note: The longer the term the lower the payment.

2- This is the “Cash Down” section of the worksheet. This section depends on how much money the customer is looking to put down on the purchase. More cash down will lower the montly payment.

3- This is the “Rate” section of the worksheet. Pencils Should be desked with a “Floor Rate” (A rate shown to customers before their credit is pulled. We cannot garuntee a lower rate until the customers credit is acquired.

4- This is the “Monthly Payment” option of the worksheet. This is dependent on the term selected and amount of cash down.