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Maintain Auction Information
Use the Main tab on the Auction tab in the Automotive panel to maintain vehicle auction information.
To maintain auction information
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With an account displayed in the Work Form, do one of the following:
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From the Info menu, click Automotive Panel.
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At the top of the Panels section, click the name of the currently displayed panel (for example, Phones, Notes) and then click Automotive.
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In the Automotive panel, click the Auction tab.
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On the Auction tab, click the Main tab.
Repairs
Collateral Repairs Needed: If selected, the vehicle needs repairs.
Sell as is: If selected, the vehicle is selling as is.
Description: Description of the needed repairs.
Approved: Repair approval date.
Ordered: Repair order date.
Completed: Repair completion date.
Comments: More information regarding the repairs.
Repaired Value: Monetary value of the vehicle after repairs.
Letters
Letter to Lien Holder 1: Date you sent a letter to the first lien holder regarding auctioning of the vehicle.
Letter to Lien Holder 2: Date you sent a letter to the second lien holder regarding auctioning of the vehicle.
Notice Sent to Guarantor: Date you sent a notice to the guarantor regarding auctioning of the vehicle.
Notice Sent to Maker: Date you sent a notice to the lender regarding auctioning of the vehicle.
Notice Sent to Other: Date you sent a notice to another party regarding auctioning of the vehicle.
Auction Information
Inspection Date: Date the auction house inspected the vehicle.
Location: Location of the auction house.
Collateral Appraiser Code: Code that identifies the appraiser.
Appraisal Verified: Date the auction house verified the appraisal.
Buyer P.O. #: Vehicle buyer's purchase order number.
Bid Closed: Date bidding on the vehicle closed.
Collateral Avail. for Resale: Date the vehicle became available for resale.
Collateral Sold: Date the vehicle sold at auction.
Payment Recv. for Collateral: Date you received payment from the auction house.
Collateral Sale Price: Dollar amount the vehicle sold for.
Auction Expense: Fees associated with auctioning the vehicle.
Collateral Stock #: Stock number the auction house assigned to the vehicle.
Title
Ordered Date: Date you ordered the vehicle title.
Sent to Auction: Date you sent the vehicle title to the auction house.
Received Date: Date the auction house received the vehicle title.
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Complete the information and then click Save.