Vehicle Appraisal for Repossession in Automotive Cloud

Vehicle appraisal for repossession reuses the Appraisal Management feature, adapted for repossession. Running the wizard creates an Appraisal, an Appraisal Item, one or more Appraisal Item Provider Valuations, and an Appraisal Adjustment. For general appraisal setup and use, see Set Up Appraisal Management and Create Appraisals in Automotive. Before specialists run the wizard, enable Appraisal Management and Automotive Components for Appraisal Management, add the required picklist values, and configure valuation sources. See Custom Picklist Values for Appraisal Management and Set Up Appraisal Valuation Sources for Vehicles. For the repossession wizard, configure AutomotiveRepossession_GetValuationRecords rather than AppraisalManagement_GetValuationRecords. The wizard supports vehicle-based collateral only. The Repossession Item must look up an Asset that has a Vehicle.

The wizard captures:

• Vehicle details such as make, model, and year.
• Condition Type — Excellent or Need Repair.
• Market valuations from providers, from which the specialist selects one.
• A proposed valuation with an adjustment and a calculated Final Value.

Note Unlike the general appraisal flow, the repossession wizard requires one provider value. You can't combine values from all providers.

Provider valuations come from the customer's own integrations to external valuation sources, not from a built-in calculation. The wizard calculates Final Value by applying the adjustment to the selected provider value. The Appraisal can reference a Repossession, and each Appraisal Item looks up a Repossession Item. So a specialist can capture an appraisal after a repossession and before it.

To run the wizard, see Appraise a Repossession Vehicle.