Aftermarket Items for a Unit Previously Purchased at the Dealership, such as Rust Protection, and also includes items like Gap Insurance, Extended Warranties or Service Contracts.
1. Open the Vehicle Inventory of the purchased unit
2. Select Copy Inventory from the Tools Menu
3. Key the same Stock Number with an AM identifier 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
NOTE: DO NOT post the unit to QuickBooks, instead choose "Mark as Posted" on the List Unposted Stock Form.
7. Start a New Quote
8. Add the 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 Aftermarket Items on the Item Price Tab
NOTE: The Contract Price will reflect price of the Aftermarket Items.
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:
Allow Retail Payment Types on a Warranty Repair Order
Sale of an Extended Warranty for a Unit NOT Previously Purchased at the Dealership