Used Car Dealer Floor Plan

No curtailments or audit fees.

Used car dealer floor plan. Keep it with car bucks. Carbucks provides floor plan financing to independent auto dealers for the purchase and holding of their inventory. If your holding cost per day per unit is 44 63 and your turn time is 60 days you will spend 2677 of your profit holding on to a non selling car. With more than 120 locations afc is one of the largest floorplan providers in north america and offers unmatched local access and customer service.

Call or apply now 864 234 9696. Though dealership savings can be used to purchase inventory one of the simplest means of acquiring inventory is using floor plan financing for used car dealers. Floor cars for up to. These floor plan finance formulas incorporated with your turn time can help to make or break your dealership s profitability.

Acquiring a floor plan before lending funds floor plan financing companies will often ask dealers to provide additional information and documentation to verify dealership details. Our floor plans offer quick cash flow great terms and no curtailments. Floor plan loans are among the safest of all financial instruments. We finance independent dealers with a long term floor plan that has no curtailments for maximum cash flow up to 180 days.

A one percent rate increase can raise some dealership costs by millions of dollars. There s never been an easier way. But because inventories are so immense the car business is very sensitive to both floor plan interest rates and the tax treatment of interest expenses. Monday friday 8 30 5 30 est.