Скачать или смотреть Dealer Floorplan Finance and How It Works

#carfinance #carfinancing #dealership
In this professional video, Alan Crouch provides an overview of how automotive wholesale floorplan finance works. He covers the following key topics:

How does automotive wholesale floor plan finance work and why does it exist? Alan explains that wholesale floor plan finance allows dealers to finance the purchase of new vehicle inventory so they have cars on their lot for customers. Dealers are charged interest on the amount financed, and rates depend on factors like the dealer's credit and the types of vehicles financed.

What do you see as the flow in effects of the latest interest rate rises for both automotive wholesale and retail finance? Alan notes that interest rate increases can lead to higher costs for dealers and customers. Dealers may face higher floorplan financing costs and need to adjust vehicle pricing.

Alan steps back to provide a synopsis of the automotive industry and the opportunities. He discusses the key parts of the automotive industry and how opportunities exist for growth and innovation in areas like electric vehicles, autonomous vehicles, and mobility services.

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