Floor Plan Dealer Used Cars

With more than 120 locations afc is one of the largest floorplan providers in north america and offers unmatched local access and customer service.

Floor plan dealer used cars.

Floor cars for up to. 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. No curtailments or audit fees. Case studies supplementing working cash with a floor plan is a tried and true method to grow business.

What you don t realize is that like most new car dealers a floor plan was used to finance the 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. 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. The dealer then receives payment hopefully including a profit and remits the balance to.

Interest rate protection products to help minimize the impact of rising interest rates on your floor plan and term loans. From utilizing auto dealer floor plans to stocking seasonal inventory tips for managing a successful lot are only a click away. Call or apply now 864 234 9696. Monday friday 8 30 5 30 est.

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. Afs was created to provide a financing source for independent used car. Our floor plans offer quick cash flow great terms and no curtailments.

Floor plan finance companies are uniquely attuned to the needs of auto dealers. Floor plan online floor plan online is a convenient way to access and manage your floor plan account. 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. Floor plan loans are among the safest of all financial instruments.

A one percent rate increase can raise some dealership costs by millions of dollars. Simply it is a way for an auto dealer to use a lender s funds to finance the cars and until each of them is sold the lender holds title to the cars. Get dealer floor plan financing today. Automated floor plan audit technology to maximize efficiency and reduce the amount of time we spend at your dealership.

There s never been an easier way. Let s say you make a profit of 3 000 per car sold. On top of that we offer competitive dealer floor plan rates.