Documentation for Standards for Technology in Automotive Retail
Definition Type: Element
Name: RetailAPRBuyDownPercent
Namespace: http://www.starstandard.org/STAR/5
Type: udt:PercentType
Containing Schema: Components.xsd
MinOccurs 0
MaxOccurs (1)
Abstract
Documentation:
The difference in the finance charge amount between the buy rate and the customer rate. For instance if the buy rate is 4.9% and the dealer writes the contract for 2.9% - the difference of 1% finance charge needs to be paid to the lender up-front.
Collapse XSD Schema Diagram:
XSD Diagram of RetailAPRBuyDownPercent in schema components_xsd (Standards for Technology in Automotive Retail)
Collapse XSD Schema Code: 
<xsd:element minOccurs="0" name="RetailAPRBuyDownPercent" type="udt:PercentType">
    <xsd:annotation>
        <xsd:documentation>
                        The difference in the finance charge amount between the buy
                            rate and the customer rate. For instance if the buy rate is 4.9% and the
                            dealer writes the contract for 2.9% - the difference of 1% finance
                            charge needs to be paid to the lender up-front.
                    </xsd:documentation>
    </xsd:annotation>
</xsd:element>
Collapse Derivation Tree:
Documentation for Standards for Technology in Automotive Retail

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