Floor Plan Dealer Used Cars

Automated floor plan audit technology to maximize efficiency and reduce the amount of time we spend at your dealership.

Floor plan dealer used cars. Using cash or a bank line of credit to purchase inventory can work for some car dealers but many floor plan financing companies offer a variety of dealer specific benefits. Floor plan finance companies are uniquely attuned to the needs of auto dealers. Case studies supplementing working cash with a floor plan is a tried and true method to grow business. Get dealer floor plan financing today.

Afc helps independent automotive dealers expand their businesses by providing inventory finance solutions and key operations related services. How does floor plan financing work specifically to benefit auto dealers. Let s say you make a profit of 3 000 per car sold. 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.

City auto finance is a locally owned and operated floorplan company dedicated to providing unparalleled customer service and meeting the unique financial needs of used car dealers in the mid south. Afs was created to provide a financing source for independent used car. Floor cars for up to. Our floor plans offer quick cash flow great terms and no curtailments.

There s never been an easier way. Keep it with car bucks. On top of that we offer competitive dealer floor plan rates. Floor plan online floor plan online is a convenient way to access and manage your floor plan account.

Floor plan loans are among the safest of all financial instruments. Monday friday 8 30 5 30 est. A one percent rate increase can raise some dealership costs by millions of dollars. No curtailments or audit fees.

Interest rate protection products to help minimize the impact of rising interest rates on your floor plan and term loans. What you don t realize is that like most new car dealers a floor plan was used to finance the cars. To learn more about how dealer floor plan financing works and how it can help your dealership to grow and to thrive we invite you to contact afs today. With more than 120 locations afc is one of the largest floorplan providers in north america and offers unmatched local access and customer service.

These floor plan finance formulas incorporated with your turn time can help to make or break your dealership s profitability. 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. Call or apply now 864 234 9696.