Buyer Deal Floorplan 
Auto Remarketing
OCTOBER 22, 2024
Sending a full-size truck to auction appears to be as much of a heartburn-triggering situation for franchised dealers as seeing that new model sitting in inventory and on the store floorplan for 100 days or more. Data from Black Book, Cox Automotive and J.D.
AutoSuccessOnline
MARCH 12, 2024
Let buyers browsing your online offerings learn as much as possible from your vehicle photos. Be aware of how much credit you have — especially if you have multiple floorplan lenders — and stay away from hard money lenders who drain a dealer’s cash flow daily. Stay informed about software options for managing your floorplan.
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Auto Remarketing
MARCH 27, 2024
Al Hendrickson Toyota sold for the highest price ever paid for a dealership of any kind at the time, and Lake Norman Chrysler-Dodge-Jeep-RAM set the record for a Stellantis store, according to Haig Partners, which advised on both deals. Sharply rising inventories and floorplan expense are pushing down profits at most stores.
AutoSuccessOnline
OCTOBER 16, 2024
Buyers and sellers alike are looking for a no-surprises experience. With the seller’s reputation on the line, buyers can be confident the vehicle they bid on is the vehicle they get. Real-Time Auctions DealerClub offers flexibility for both buyers and sellers. “DealerClub believes in those dealers.
DealerTrack Insights
JUNE 9, 2022
All of that equals less paper, less fumbling for pens, and a more streamlined process for the dealership and the car buyer. That’s what it costs you in overhead, floorplan and interest just to have a vehicle sitting idle – and those costs erode your profit margin and affect your bottom line.
Canadian Auto Dealer
NOVEMBER 4, 2024
The fact we’ve accommodated (new EV buyers) on that front is great. In 2021, it added to its holdings with a powersport marina when it acquired Sudbury Yamaha in a package deal that also included Sudbury Mitsubishi. We make sure we always have them in stock.” He said the charging stations are sold at a “heavily-subsidized” cost.
Dealer World
MARCH 17, 2025
Given this backdrop, buyers are factoring this growth potential into their dealership acquisitions, driving stronger motivation and greater conviction in blue sky valuations, continued Kerrigan. This divergence created a marketplace of winners and losers, clearly reflected in days supply of vehicles. million.
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