Finance & Insurance & Big Ticket Inventory Control
Key Points
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PMT
= (B + DS / (1 –
(R * ((T – ( (1 – (1/1+R)) ^ T) / R) + ((1 – (1/(1+R)) ^
(T - LT)) / R)) / (R * ((1 – (1/1+R)) ^ T) / R)) + D)) -
AR * AT / ((1 – (1/1+R)) ^ T) / R)))/ ((( 1/(1+R) ^ D) *
( (1 – (1/1+R)) ^ T) / R)) |
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If
the calculation above
doesn't seem easy perhaps you should consider our F&I Lite solution. Category 5's F&I Lite product is a full fledged payment calculator that will allow you
to compute payments for any payment term and interest rate.
The software will display all applicable charges such as finance
charges, amount financed, total of payments, documentary stamps,
etc. Variables such as loan period and interest rates may be
quickly changed with a single click. Our powerful system
will provide you with many of the benefits of a full fledged F&I
system without the big ticket price.
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Category 5's
Sasquatch Big Ticket
Inventory Control system will provide you with all of the tools to
keep track of your boat, motor, and trailer inventory.
Trade-In products are automatically placed into inventory and valued
at the appropriate actual cash value of the asset. Sasquatch
will allow product retrieval by Stock Number, Serial Number, or
Product Make.
Sasquatch also provides for retention of item accessories and any repair
history performed in your facility. |
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