Carscoops

JANUARY 23, 2024

Customers who have already signed a contract to buy or sell a vehicle should reach out to Vroom’s support team at (855)-524-1300. Vroom intends to expand this segment of its business to cater to third-party customers. What remaining vehicle inventory it has left, it plans to sell through wholesale channels.

Floorplan 122

Floorplan Retail Sales Finance 122

Automotive Addicts

JANUARY 22, 2024

Vroom’s move comes as a response to challenges in securing additional capital for its operations, particularly in extending the vehicle floorplan facility beyond its current expiration date of March 31, 2024. Both entities will continue to serve their third-party customers and focus on growth in their respective domains.

Retail 110

Retail Floorplan Finance Automotive 110

Full Path

JULY 30, 2024

For dealerships, Higher inventories and rising floorplan costs are eating into profit margins, creating a challenging environment for automotive retailers. Solutions for Dealerships Many dealers ask how they can help customers while maintaining profitability. The current market demands agility and the ability to adapt to changes.

Floorplan 52

Floorplan Down Payment Dealerships Insurance 52

Canadian Auto Dealer

NOVEMBER 4, 2024

We should have them and stock them and know how to counsel our customers on best uses and best practices.” I think it’s convenience for the customers, more than anything,” said Zanchin. “We It is also involved in selling auto financing. “We Why should they go somewhere else to buy them? They should call us,” said Hébert Jr. “We

Dealerships 52

Dealerships Floorplan Retail Finance 52