Auto Dealer Floor Plan

Floor plan statements and inventory information available online.
Auto dealer floor plan. Afc helps independent automotive dealers expand their businesses by providing inventory finance solutions and key operations related services. Afc helps independent automotive dealers expand their businesses by providing inventory finance solutions and key operations related services. Monday friday 8 30 5 30 est. Available for non floored only when necessary.
Car bucks was designed for you. Other coverage available. Dealer s open lot. Let s say you make a profit of 3 000 per car sold.
New and used vehicle floor plan financing at competitive rates and terms focused on meeting the needs of new car franchised dealerships. A dealer floor plan is a loan for your vehicle inventory. Westlake flooring services provides floor plan lines of credit to licensed auto dealers throughout all 50 states. Dealer open lot coverage is available in conjunction with manufacturer and floor plan coverage.
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. It is a plan to finance the vehicles on your floor. With more than 120 locations afc is one of the largest floorplan providers in north america and offers unmatched local access and customer service. Our floor plans offer quick cash flow great terms and no curtailments.
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. Auto daily or weekly rental operations. Dealer dealer floor plans. There s never been an easier way.
With more than 120 locations afc is one of the largest floorplan providers in north america and offers unmatched local access and customer service. Variety of floor plan structures and interest rate options to meet your needs and reduce your interest expense. Floor plan loans are among the safest of all financial instruments. As a dealer sells their unit they pay back the original loan.
Carbucks provides floor plan financing to independent auto dealers for the purchase and holding of their inventory. Call or apply now 864 234 9696. These floor plan finance formulas incorporated with your turn time can help to make or break your dealership s profitability. Keep it with car bucks.
You may obtain a dealer floor plan from a bank or there are many dealer floor plan providers listed by clicking here you may also go to google bing or yahoo and type in dealer floor plan providers. Car dealers can take advantage of flooring lines to purchase their inventory and increase their cash flow. Floor cars for up to. No curtailments or audit fees.