Increased Inventory Diversity

One of the most significant advantages of Auto Use floorplan financing is the ability to maintain a diverse inventory. By leveraging this financing option, dealers can stock a wide variety of vehicles, from economy cars to luxury models, without the need for significant upfront capital. This diversity not only attracts a broader range of customers but also increases the likelihood of making sales, as there are more options to meet different customer preferences and needs.

Improved Cash Flow Management

Effective cash flow management is crucial for the success of any dealership. Auto Use floorplan financing helps dealerships manage their cash flow more efficiently by reducing the need for large upfront payments for inventory. This allows dealers to allocate funds to other critical areas of their business, such as marketing, facility improvements, and customer service enhancements. With better cash flow management, dealerships can operate more smoothly and respond more effectively to market demands.

Flexibility in Inventory Control

Auto Use floorplan financing offers dealerships greater flexibility in managing their inventory. Dealers can quickly adjust their stock based on current market trends and customer demands without being constrained by their available capital. This flexibility allows dealerships to stay competitive and responsive, ensuring they always have the right vehicles in stock to meet customer needs. Additionally, the ability to quickly turn over inventory helps reduce holding costs and maximizes profitability.

Enhanced Competitive Edge

In a competitive market, having a strategic advantage is essential. Auto Use floorplan financing provides dealerships with the financial backing needed to maintain a robust and attractive inventory. This not only helps in drawing more customers but also enhances the dealership’s reputation as a well-stocked and reliable business. By offering a wide range of vehicles and maintaining high standards of customer service, dealerships can differentiate themselves from competitors and build long-term customer loyalty.

Exclusive Auto Use Features

Checkbook Program

Auto Use offers a unique Checkbook Program exclusive to their dealers. This program allows dealers to write checks directly from their floorplan line, which look like business checks. Dealers can use these checks to purchase inventory from various sources, including private parties, non-affiliated auctions, dealer-to-dealer transactions and more. This flexibility simplifies the purchasing process and expands the inventory acquisition options for dealers.

Lien Payoff Program

The Lien Payoff Program offered by Auto Use is another valuable feature. This program streamlines the process of taking trades and off-street purchases with liens. Auto Use handles all the legwork, including following up with the lender, sending the check out, paying off the lien, and managing the entire process. This service saves dealers time and effort, allowing them to focus on other critical aspects of their business.

Longest Terms in the Industry

Auto Use also provides the longest terms in the industry, offering 90 days with no payment, 120 days until payoff, with the option to extend up to 360 days. These extended terms give dealers more time to sell their inventory before payments are due, reducing financial pressure and improving cash flow management.

Access to Expert Support and Resources

Partnering with Auto Use for floorplan financing means gaining access to a wealth of expert support and resources. Auto Use provides dealerships with valuable insights and advice on inventory management, market trends, and financial planning. This support helps dealers make informed decisions and optimize their operations for maximum efficiency and profitability. Additionally, Auto Use’s dedicated customer service team is always available to assist with any questions or concerns, ensuring a smooth and successful financing experience.

Auto Use floorplan financing offers numerous benefits that can significantly enhance the operations and success of auto dealerships. By increasing inventory diversity, improving cash flow management, providing flexibility in inventory control, enhancing competitive edge, and offering access to exclusive features like the Checkbook Program and Lien Payoff Program, Auto Use helps dealerships thrive in a competitive market. If you’re looking to take your dealership to the next level, consider the strategic advantages of Auto Use floorplan financing.