General Motors Financial recently launched two new floor plan program updates for participating dealers that the company thinks are “competitive differentiators in the industry.”
GM Financial — which reported that it had 792 dealerships in North America leveraging its commercial offerings as of the close of 2016 — highlighted the two floor plan updates include:
—$3,000 GM Financial DealerSource buy fee credit, which can be applied towards GMF DealerSource off-lease buy fees.
—30-day interest-free period for dealers who purchase off-lease vehicles on GMF DealerSource and finance with GM Financial's floor plan.
The company mentioned that other exclusive remarketing perks GM Financial floor plan dealers can receive include reduced buy fees on GMF DealerSource inventory, a grounding dealer purchase incentive on GMF DealerSource purchases (which is also tied to Dealer Dividends) and reduced selling fees in GM Financial’s lane at physical auction sites.
“The recent rollout of new and unique remarketing programs for floor plan dealers represent true competitive differentiation for GM Financial from others in the industry,” said Nick Heinz, GM Financial vice president of remarketing. “We offer a very compelling value proposition to all GM dealers but these enhancements add to the already rich suite of benefits available to our most important dealer relationships.”
More details can be found through this website.