Enter collateral information-automobile

  1. In the Collateral tab, select Auto, Auto - Classic Cars, Auto - Conversion, or Trucks - Commercial from the Collateral Type list.
  2. Select the Type.
  3. For used vehicles, check the Certified Pre-Owned or Auction box if either of these applies.
  4. For Auto and Auto - Conversion collateral:
    1. Enter the VIN and Mileage, and click the Lookup button.
    2. Click the Bookout button. If the VIN is correct, the system values the vehicle.
      If the Lookup and Bookout buttons do not return the correct vehicle information, check the Enable Manual Entry box to enter the information manually.
  5. For Auto - Classic Cars or Trucks - Commercial collateral, enter the vehicle details manually.
  6. For Auto - Conversion and Trucks - Commercial collateral, enter the Conversion Package Details, if applicable.
  7. Select the vehicle accessories. If there are no accessories, select the THIS VEHICLE HAS NO OPTIONAL EQUIPMENT option.
  8. When all information is correct and complete, click the Proceed to Next Step button.
Note: Collateral tab fields are disabled after the deal is submitted to an RMS lender. To update collateral fields after submission to , you must submit a vehicle change request.
WKFS