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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. By clearing out excess stock through leases, dealerships can lower their floorplan expenses.

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COMMENTARY: A constituency of one

Auto Remarketing

It was the voice of the dealer that kept 100% deductibility of floorplan interest expenses in the Tax Cuts and Jobs Act. It was the voice of the dealer that led Congress to revoke the CFPB’s ill-conceived, anti-consumer arbitration rule. It was the voice of the dealer that helped defeat overreaching buy here-pay here legislation in Oregon.

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

Drive.com

That would leave dealers paying significant floorplan interest costs. The Standard was designed in consultation with the car manufacturers and dealership representatives, with the staged implementation being critical to enable preparation and testing of essential data reporting capabilities.”