INV-04

Exit Record

The exit decision on an aged unit, in writing, with a recovery number and the date the capital comes back.

per unitUsed Buyer M14

Five fields, two minutes per unit. No unit passes 120 days without this sheet on file, signed.

One — the unit

Stock number

Year / make / model

Mileage

Days in stock

Landed cost

Current price

Daily floorplan carry, this unit

8.5% APR

Carry accrued to date

Price all four doors, even when three are obviously wrong: dealer wholesale · auction · transfer · flash sale. Transfer and flash earn F&I; wholesale and auction do not. Pack rides on all four.

Two — the four doors, priced

Door	Realistic recovery	− Pack	− Carry (days × rate)	− Transport or seller fee	+ F&I, retail doors only	= NET RECOVERY	Days to capital back	Certainty — a bid, or a hope

Three, four and five — the door, the forecast, the signatures

The chosen door

The reason, one sentence

Expected recovery

Date the capital comes back

Buyer signature

Date

GM signature — required past 120 days

zero

Date

What the four doors are priced against

78-85% of realistic retail
10-15%: 6-10 units, twice a year
$700
$300 per unit: new and used, off the top
8.5% APR
Day 120: wholesale-or-retail decision in writing

Graded at 30 days

Actual recovery

Variance against the forecast

Variance as a percent

Reason: comps, condition, timing, door

Signed sheet to the GM the week it is written, copy to the appraisal log (APR-01). Set the 30-day reminder when you sign it.

Anything you type stays in this browser on this device. It is not sent anywhere and nobody else can see it. Use Export to keep a copy or send it on; Clear wipes the sheet. Your store, name and initials are remembered across every form and filled in for you — change one and it changes everywhere from then on.