Buyer Floorplan Sales 
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. So, are things “normal” in the used-car world now?
Auto Remarketing
OCTOBER 6, 2023
I was listening to a panel discussion with some very esteemed automotive economists recently, and in discussing the prospects of electric vehicle sales growth in the United States, a shocking, though true, fact was agreed to by all. And developments suggest that a larger presence in U.S. dealerships will be coming soon. automotive retailers.
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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.
Drive.com
JULY 28, 2024
But the on-going risk is the point of compliance being at the port, not at the point of sale. That would leave dealers paying significant floorplan interest costs. For the benefit of dealers, but also the integrity of the NVES, it essential that compliance is at the point of sale.”
Auto Remarketing
MARCH 27, 2024
That included two record-setting sales, the report said. The company also advised on the sale of South Motors/Vista Motors early this year, which it said set records the highest prices paid for BMW and Honda dealerships. Sharply rising inventories and floorplan expense are pushing down profits at most stores.
Full Path
JULY 30, 2024
New sales surged 14% over the past week, while used sales saw an 8% increase, partially offsetting June’s downturn. Interest Rates and Their Impact: Automotive Market & Leasing Trends 2024 Borrowing costs are deterring many potential buyers, and the previously red-hot job market is beginning to cool.
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. It’s about finding better inventory.
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