A useful tool for all Motor Vehicle Dealership Finance Managers, Finance Sales people and Business Managers.
Use this calculator to ensure you are being paid the correct commission from your Financiers for Finance Deals done.
This app allows for storing of minimum commission amount, maximum term to be used for calculating commission and maximum percentage of terms charges to be used for commission calculations. Scroll to the bottom of the screen to set your defaults.
Simply enter
- Amount Financed
- Term of the loan
- Type (1 for payments in advance, 0 for payments in arrears)
- Residual value
- Percentage rate used
- Base Percentage rate
- Flex Percentage