I just used a blank check last week. I got a Ford Edge with all the options. The dealer suggested price was 31,900. NADA values were what I had to go by. My model on NADA was 25,500 for that vehicle with options. 25,500 x 110% is 28,050. 28,050 is the Max I could make the check out for my car. I haggled the price down to $25,500 with the dealer by showing them a similar car at a much lower price. Purchase price plus TTL was under the 28,050 Max so it was under the 110% LTV.