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Booking a Deal

Booking a Deal

To offer these competitive rates, we require a large price adjustment – $2,600. This comes out of the advance. However, the advances are large enough that your net gross is still very strong, and yield interest rates that still save the customer THOUSANDS over the term of their lease.

Our advances are based on a percentage over Ontario Black Book (based on the grid provided), plus a documentation fee of up to $999 and a warranty (up to the designated retail price, or a maximum gross of $1,000 if not otherwise indicated), less our $2,600 price adjustment.

Here are some examples:

USED CARS:
Assume the client is interested in leasing a late-model Kia or Chevrolet, with an estimated wholesale value based on Ontario Black Book of $20,000. Your advance would be:
Ontario Blackbook Wholesale Value $ 20,000.00
Markup (140% based on table) $ 8,000.00
Documentation Fee $ 999.00 (Max)
Warranty $ 2,000.00 (Retail selling price, max $1,000 gross)
Less: TCL Price Adjustment $ (2,600.00)

Net Sell Price** $ 28,399.00

NEW CARS:
Assume the client is interested in leasing a new vehicle, at a dealer invoice cost of $20,000, with manufacturer promotional funds of $2,500. Your advance would be:
Dealer invoice $ 20,000.00
Markup (105% of invoice cost) $ 1,000.00
Documentation Fee $ 999.00 (Max)
Warranty $ 2,000.00 (Designated Retail Price, max $1,000 gross)
Less: TCL Price Adjustment $ (2,600.00)

Net Sell Price** $ 21,399.00

Dealer Profit
Dealer Cost $ 20,000.00
Adjusted for Manufacturer Funds $ (2,500.00)
Adjusted Cost $ 17,500.00

Sell Price to TCL from above $ 21,399.00
Dealer Profit (excl. warranty cost) $ 3,899.00

** All of this must still fit within the approved monthly payment.
Your dealership sells the vehicle to Dueck GM – they in turn sell it to TransCan Leasing. No client information is ever shared with Dueck – they are just a pass-through on the vehicle purchase.   Client information is stored on a secure, independent server, in compliance with credit bureau reporting and privacy laws.

Once you have identified a vehicle that the client wishes to lease, please click here for the Vehicle Booking Form, which provides details of the vehicle, including any options.

To determine the advance amount for the vehicle, click here for the Vehicle Advance Chart.

Once the vehicle has been finalized, click here for the Deal Build Sheet to be used to determine the sell price of the vehicle to TCL, and the sell price to the client for lease purposes.