Siebel Automotive Guide > Managing Lease End and Remarketing Activities >

Viewing Fair Market Value and Auction Information

During lease-end, the dealer is usually obligated to buy the vehicle from the financing company under various purchase agreements between the dealer and the financing company. The dealer pays the fair market value of the vehicle when purchasing it back.

For information on setting up the FMV Fair Market Values Reference table and the FMV Auction Values Reference Data table, see Setting Up the Fair Market Values (FMV).

This task is a step in Process Workflow for Managing Lease End and Vehicle Remarketing

Viewing Fair Market Information

End users follow this procedure to view Fair Market Value (FMV) and Auction Value information.

To view fair market value information

1. Navigate to the Financial Accounts screen > Financial Account List view.
2. Drill down on the Account # field link for a selected account record.
3. Click the Fair Market Value view tab.
4. In the Calculation Type field, select FMV.

   In the Fair Market Value list, you can add, edit, or delete records.

Viewing Fair Market Value Detail Information

End users follow this procedure to view Fair Market details for the selected line.

To view fair market value detail information

1. Navigate to the Financial Accounts screen > Financial Account List view.
2. Drill down on the Account # field link for a selected account record.
3. Click the Fair Market Value view tab.
4. Select a record and scroll down to the Fair Market Value form.
5. In the Calculation Type field, select FMV.

   In the Fair Market Value list, you can add, edit, or delete records.

Viewing Auction Value Information

End users follow this procedure to view auction value information.

To view auction value information

1. Navigate to the Financial Accounts screen > Financial Account List view.
2. Drill down on the Account # field link for a selected account record.
3. Click the Fair Market Value view tab.
4. In the Calculation Type field, select Auction.

   In the Fair Market Value list, you can add, edit, or delete records.

Viewing Auction Value Detail Information

End users follow this procedure to view details for the selected line.

To view fair market value detail information

1. Navigate to the Financial Accounts screen > Financial Account List view.
2. Drill down on the Account # field link for a selected account record.
3. Click the Fair Market Value view tab.
4. Select a record and scroll down to the Fair Market Value form.
5. In the Calculation Type field, select Auction.

   In the Fair Market Value form, add, edit, or delete records.