Remove Consulting Remove Finance Remove Floorplan
article thumbnail

COMMENTARY: A constituency of one

Auto Remarketing

It was the dealer voice that led to the revocation of the Consumer Financial Protection Bureau’s flawed guidance on dealer-assisted financing. It was the voice of the dealer that kept 100% deductibility of floorplan interest expenses in the Tax Cuts and Jobs Act. One final piece of advice — leave the dead fish at home.

article thumbnail

The $740 Challenge: How Savvy Dealerships Are Turning the Tables

Full Path

For dealerships, Higher inventories and rising floorplan costs are eating into profit margins, creating a challenging environment for automotive retailers. Leasing helps consumers manage their finances better and offers a viable solution for dealerships struggling with high inventory levels.

article thumbnail

Fears emissions law ‘loophole’ will leave dealers with cars they can’t sell as makers scramble to hit targets

Drive.com

“The danger is that you get some brands that force this onto the dealer and then, if the market turns on them, they get stuck with cars and they have to finance them. That would leave dealers paying significant floorplan interest costs. Whether it’s deliberate or not, everybody’s got to hit targets,” he told us.