811 – Subaru SSLP/Just Drive Income

Additions To Income

Synopsis

Account 811

Debits

Credits

 

  1. Any gained due to excess book value of Subaru SSLP (Subaru Service Loaner Program) vehicles when transferred to Used Vehicle stock.

  2. All revenue from SOA related to SSLP vehicle loaner activity.

  3. All revenue from Just Drive rental program activity.


Remarks:

Incentives earned from SOA during the in-service period to offset depreciation on Service Loaner vehicles.  Additionally, there may be income realized when the SSLP unit is taken out of loaner service and sold to the Used Vehicle Department for resale as the book value may exceed the depreciated value.  Income adjustments of that nature should be reflected here.