Lever Auto
Lever. The simple way to floor a car.
As the busy season slows, it's important for auto dealers to assess their operational strategy for the coming year. Floor plan financing seems to be an overlooked yearly review for dealers, given the complexity of dealer financing and the time to perform a cost analysis.
But, cash flow makes or breaks a dealer's business and we suggest reviewing if a flat rate program makes sense for your business.
If you decide to explore financing better suited for your operation, we suggest:
1. Run cost analysis with lender rep
2. Compare account management approaches across lenders
3. Ensure simplicity in inventory/funding management from the tools offered by lender
For more information on assessing floor plan programs, check out our insight write-up (https://leverauto.com/2022/09/16/things-to-keep-in-mind-when-choosing-a-floor-plan-financing-option/) or reach out to our account team via [email protected]
16/02/2022
16/02/2022