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Process of 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 will pay the fair market value of the vehicle when purchasing it back.

This section consists of the following topics:

For information on setting up the FMV Fair Market Values Reference table and the FMV Auction Values Reference Data table, see Fair Market Values Administrative Procedures.

Siebel Automotive Guide