Floor Plan For Used Car Dealers

Carbucks provides floor plan financing to independent auto dealers for the purchase and holding of their inventory.

Floor plan for used car dealers.

Floor cars for up to. There s never been an easier way. 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. No curtailments or audit fees.

The dealer then receives payment hopefully including a profit and remits the balance to. Call or apply now 864 234 9696. Monday friday 8 30 5 30 est. Floor plan loans are among the safest of all financial instruments.

Keep it with car bucks. Let s say you make a profit of 3 000 per car sold. Car bucks was designed for you. What you don t realize is that like most new car dealers a floor plan was used to finance the cars.

Floor plan finance companies are uniquely attuned to the needs of auto dealers. These floor plan finance formulas incorporated with your turn time can help to make or break your dealership s profitability. A one percent rate increase can raise some dealership costs by millions of dollars. Our floor plans offer quick cash flow great terms and no curtailments.

We finance independent dealers with a long term floor plan that has no curtailments for maximum cash flow up to 180 days. 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.