A bookout provides lenders with a comprehensive summary of a vehicle’s value. A lender is able to calculate the value of the vehicle at the time of a sale or refinance.
By comparing this number to the current loan amount, it allows lenders to determine the car’s loan-to-value ratio (LTV ratio), giving the lender a good idea of the level of risk they would be taking on by offering a new, refinanced auto loan.
Follow the steps below to create a bookout in Carbly. When you've selected a vehicle appraisal:
Step 1: Click the button to generate a bookout
Step 2: Select the provider for your values
Step 3: Select options to build your bookout
Select up to 2 values to display in the bookout
Add optional fields like your dealership name, a stock number and the vehicle's condition
Click the Download PDF button to save a copy to your computer or to print the bookout.