Creating Adjustments for Geographic and Vehicle Attributes

When you create a price list, you will adjust the list price for each vehicle based on attributes that represent its geographic location and its customizable features. In this step, you create these attribute adjustments.

The attributes are visible in the Administration - Product screen, More Info, More Info view. The list price in the price list is the base line price for these vehicles, and the price is adjusted based on the value of these attributes: for example, the price might be higher if a vehicle has a more powerful engine.

This task is a step in Process of Setting Up Pricing for Auction Events

To create adjustments for Geographic and Vehicle Attributes

  1. Navigate to the Administration - Pricing screen, then the Attribute Adjustments view.

  2. In the Attribute Adjustments list, add a new record and complete the necessary fields, as described in the following table:

    Field Value

    Name

    Auto CF Asset Pricing Adjustments

    Class

    The Product Class of the Product

    Type

    Single Dimension

    Effective From

    Enter the start date of the time period when this attribute adjustment is active

    Effective To

    Enter the end date of the time period when this attribute adjustment is active

  3. Specify Dimensions and Domains for the attributes you created:

    1. In the Attribute Adjustments list, select the attribute adjustment whose dimensions you are specifying.

    2. In the More Info view, click Create Result Dimensions.

    3. Click the Dimensions view tab.

    4. In the Dimensions list, add a record for each dimension that affects the price and complete the necessary fields, as described in the following table:

      Dimension Type Name Op Var Map Type Var Name Data Type Domain Type Bounded LOV Sort Order Sort Method

      Condition

      Geographic Location

      =

      Row

      Geographic Location

      Text

      LOV

      Y

      STATE_ABBREV

      1

      Asc

      Condition

      Transmission

      =

      Row

      Transmission

      Text

      LOV

      Y

      AUTO_TRANSMISSION_TYPE

      1

      Asc

      Condition

      Engine

      =

      Row

      Engine

      Text

      LOV

      Y

      AUTO_ENGINE_TYPE

      1

      Asc

      Condition

      Exterior Color

      =

      Row

      Exterior Color

      Text

      LOV

      Y

      AUTO_EXTERIOR

      1

      Asc

  4. Add conditions, which are the rules that state the result of the adjustment for each combination of condition dimensions:

    1. In the Attribute Adjustments list, select the attribute adjustment whose rules you are specifying.

    2. Click the Conditions view tab.

    3. The conditions list appears, with a Name column for the name of each condition.

    4. If all domain values of each dimension impact price, you can generate rules as follows:

      • In the Attribute Adjustment form, click Generate Rules. Records are added to the Rules list with every possible combination of domain values of the condition dimensions domains.

      • In the Rules list, enter the Adjustment Type and Adjustment Value for each record.

      • In the Conditions form, enter the rules.

  5. Associate variable maps with these pricing adjustments:

    1. Navigate to the Administration - Pricing screen, Attribute Adjustments, then the Variable Map view.

    2. Select the appropriate row set and context variable maps from the pick lists.