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Maintain Collateral Information
Use the Collateral tab in the Automotive panel to maintain collateral information.
To maintain collateral 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 Collateral tab.
Year: Vehicle's model year.
Make: Vehicle's make.
Model: Vehicle's model.
Add-On: Vehicle's add-on features.
VIN: Vehicle Identification Number.
Manufacturing Code: Code that identifies the vehicle manufacturer.
Series Identifier: Series code that identifies the vehicle.
Color: Color of the vehicle.
Ignition Key Number: Number that identifies the ignition key.
Other Key Number: Number that identifies another vehicle key, such as the valet key.
Purchase Amount: Purchase amount the vehicle.
MSRP: Manufacturer Suggested Retail Price.
Miles: If selected, the box contains the number of miles on the vehicle.
Hours: If selected, the box contains the number of hours on the vehicle.
Fair Market Value: Dollar amount the vehicle would sell for on the open market.
Totaled: If selected, the vehicle is totaled.
Damaged: If selected, the vehicle is damaged.
Sell Collateral: If selected, the lien holder intends to sell the vehicle for collateral.
Description: A description of the condition of the vehicle.
Legal Code: Legal code that grants the lien holder or credit agency the right to repossess the vehicle when a debtor defaults on the loan or lease agreement.
Termination Date: Termination date of the lease agreement.
Termination Effective Date: Date the termination of the lease agreement became effective.
Finance Charge Due: Finance charge due on the loan.
Late Charge Due: Late charge due on the loan.
Tag
Decal State: State where the vehicle is licensed.
Decal Number: Vehicle's license plate number.
Decal Year: Vehicle's license plate year.
Title
Position: Position of the title (for example, original, duplicate).
State: State where the vehicle is titled.
Status: Status of the vehicle's title (for example, salvage, rebuilt, junk).
Have Title: If selected, indicates that you have the title.
Dealer
Dealer Code: Dealer's license number.
Endorsement Code: Code that identifies the dealer's auto-broker endorsement.
Reserve Charge Back: Dollar amount to charge back the dealer for early payoff of a loan.
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Complete the information and then click Save.