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Auto Purchasing to change

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  • Auto Purchasing to change

    Floor Plan financing shut down by Capital One Where one Bank goes, another is planning to follow
    Is this the end of massive inventory to choose from ??
    and
    If there is " un- Subsidized Interest no longer available ..what's going to happen to pricing !?
    sic semper boogaloo

  • #2
    Many dealers have had very little inventory for years now. And they're doing just fine. Most of the cars that come in to us these days are already sold. So it wouldn't surprise me at all if floor planning gets shelved. No pun intended.
    Sticky Lips at High Noon!

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    • #3
      I remember Hoselton and Doan having a hundred sutos
      sic semper boogaloo

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      • #4
        Originally posted by Norm DeGuerre View Post
        I remember Hoselton and Doan having a hundred sutos
        Hell, we service about 150 a day. There was a time when we would 1,200 - 1,500 new/used on the lot at any given time for sale.
        Sticky Lips at High Noon!

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