Own vehicle financing and the advantages for Car Dealers
Posted: Mon Jan 27, 2025 9:11 am
Several vehicle stores use Vehicle Financing as a sales method, in which they use their own capital to finance cars for customers.
Seeking to meet this demand from our partner retailers, Revenda Mais has developed a feature that helps control cars sold in this modality.
Own Vehicle Financing
This self-financing option appears at the time of sale of the vehicle rcs data brazil the system. Regardless of whether the charges are made through bills, invoices, promissory notes or checks, self-financing allows control of the principal amount and interest included in the installments.
own financing2 1
This option is also linked to the financial module. . When the sales process is completed using the self-financing method, the system automatically creates titles in the accounts receivable routines, facilitating the monitoring of financial operations.
This way, stores that make sales through their own financing will be able to monitor the monthly payment of installments and will have full control of this information.
The self-financing sale operation is also stored in the Financial Menu — Financing Sub Menu, a module that facilitates financing queries, including those carried out by the store.
In this module, you can check the interest earnings, in which the total amount of interest on your own financing is entered as a return. See the example below:
Vehicle Sale Value: R$ 10,000.00
Installment Value for Own Financing: 10x of R$ 1,200.00
Total Own Financing Operation: R$ 12,000.00
Interest gain on the transaction: R$2,000.00 (this amount is entered as return)
Reports for analysis are essential for the day-to-day running of a vehicle dealership.
Monitoring information helps in decision making, however, it is only possible with an easy-to-use system containing several modules that make selling a car easy again.
Seeking to meet this demand from our partner retailers, Revenda Mais has developed a feature that helps control cars sold in this modality.
Own Vehicle Financing
This self-financing option appears at the time of sale of the vehicle rcs data brazil the system. Regardless of whether the charges are made through bills, invoices, promissory notes or checks, self-financing allows control of the principal amount and interest included in the installments.
own financing2 1
This option is also linked to the financial module. . When the sales process is completed using the self-financing method, the system automatically creates titles in the accounts receivable routines, facilitating the monitoring of financial operations.
This way, stores that make sales through their own financing will be able to monitor the monthly payment of installments and will have full control of this information.
The self-financing sale operation is also stored in the Financial Menu — Financing Sub Menu, a module that facilitates financing queries, including those carried out by the store.
In this module, you can check the interest earnings, in which the total amount of interest on your own financing is entered as a return. See the example below:
Vehicle Sale Value: R$ 10,000.00
Installment Value for Own Financing: 10x of R$ 1,200.00
Total Own Financing Operation: R$ 12,000.00
Interest gain on the transaction: R$2,000.00 (this amount is entered as return)
Reports for analysis are essential for the day-to-day running of a vehicle dealership.
Monitoring information helps in decision making, however, it is only possible with an easy-to-use system containing several modules that make selling a car easy again.