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?

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Floorplan Rebate Retail Automotive 98

AutoSuccessOnline

MARCH 12, 2024

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. NextGear Capital can help you close more deals and accept more trades while maintaining your cash reserves and keeping your focus on selling cars.

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Floorplan Deal Automotive Customer 52

Auto Remarketing

MARCH 27, 2024

That included two record-setting sales, the report said. 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.

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Floorplan Dealerships Retail Buyer 59

AutoSuccessOnline

OCTOBER 16, 2024

Meanwhile, trustworthy sellers who have earned high ratings enjoy more sales at higher rates, as well as the unique ability to actually be paid to sell on DealerClub’s platform, instead of paying a sell fee like they are accustomed to with other auction providers.”

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Automotive Floorplan Buyer Deal 52

Canadian Auto Dealer

NOVEMBER 4, 2024

Morgan Crosbie, a Sales Representative at Finch Chevrolet Cadillac Buick GMC in London, Ont. 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. It now owns three powersports businesses. It is also involved in selling auto financing.

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Dealerships Floorplan Retail Finance 52