8.12.4 Trade-In Sub Tab

This topic provides information on the Trade‑In section, which records and manages details of items returned or exchanged, along with their assessed value and impact on agreements.

If there is any information regarding an itemized trade-in, use the Trade-In sub screen to enter the details in the system (This sub screen might already contain information supplied during the underwriting process).

To complete the Trade-In sub screen

1. On the Origination, click Origination. Under Origination, click Funding.
2. Under Funding, click Funding tab. Under Funding tab, click Contract. Under Contract, click Trade-In.
3. In this section, user can perform any of the Basic Operations mentioned in Preface.
   A brief description of the fields is given below:

   Table 8-7 Trade-In

   Field	Description
   Trade In	Displays the trade in section.
   Asset Type	Select the asset type.
   Asset Sub Type	Select the asset sub-type.
   Year	Specify the year of the asset.
   Make	Specify the make of the asset.
   Model	Specify the model of the asset.
   Identification #	Specify the identification number.
   Body	Specify the body of the asset.
   Description	View the asset description.
   Valuations	Displays the valuations section.
   Wholesale Amt	Specify the wholesale amount.
   Base Retail Amt	Specify the retail amount.
   Addons Amt (+)	Specify the add ons amount.
   Payoff Amt (-)	Specify the payoff amount.
   Total Amt =	View the total amount.
   Valuation Dt	Specify the valuation date.
   Source	Select the valuation source.
   Valuation Supplement	Specify the valuation supplement.
   Edition	Specify the valuation edition.

4. Perform any of the Basic Actions mentioned in Preface.