VinMotion
Retail floor planning (aka floorplanning or inventory financing) is a line of credit that allows dealers to purchase automobiles using their retail inventory as collateral. It’s a common industry practice, but whether you’re a franchise or an independent automotive dealer, floor planning is..
Just like much of our lives, everything about car buying and selling is shifting significantly into the digital space. Dealers can now rely on a wealth of information at their fingertips to make better-educated decisions about their inventory and competition. Even if you’re experienced with the..
Shopping auction cars can be stressful. Worst case scenario, you bring in a used car that consumes your reconditioning budget and then sits on your lot, further decreasing its value and your potential profits. That’s not a situation any dealer wants to be in. A quick turnaround to score huge..