Sale of an Extended Warranty for a Unit Previously Purchased at the Dealership

1. Open the Vehicle Inventory of the purchased unit

2. Select Copy Inventory from the Tools Menu

3. Key the same Stock Number with EXT added at the end

4. Set the Selling Price at $0

5. Add a New Itemized Charge for PP: Vehicle Invoice and set at $0

6. Save

7. Start a New Quote

8. Add the EXT Unit to the Deal Form, along with Customer's Name

9. Access the Item Price Tab and remove all unnecessary charges, set them to $0

10. Key the Extended Warranty Amount on he Item Price Tab

NOTE: The Contract Price will reflect price of the Extended Warranty.

11. Save

12. Wash and Post as usual

Example: selling price $1500 – cost (payable to be paid to warranty company) $700 = profit $800

Basic Related Articles:

Mapping Warranty Part Sales