Impact Auto Auctions and AFC to provide faster financing options
KAR Auction Services is responding to another request from its Canadian dealer customers who scour the salvage space.
On Thursday, Impact Auto Auctions and Automotive Finance Corp. (AFC) announced the launch of real-time, convenient, seamless financing and buying options for Impact Auto Auctions customers.
Impact Auto Auctions buyers can now view their available AFC credit in real time and floorplan their purchases upon checkout — allowing customers to buy and transport the same day, saving time and potential storage costs.
"Our Canadian customers have asked for more convenience, and we have answered their request with a fully integrated and streamlined purchasing process,” said Blair Earle, managing director for Impact Auto Auctions."
Providing customers with instant access to floorplan financing and giving them immediate snapshots of their available credit helps our customers make quicker buying decisions — generating additional buying opportunity and helping them successfully operate and grow their business.”
Impact Auto Auctions is a leading Canadian salvage auto auction with a large facility footprint, serving the automotive total-loss industry with more than 14 corporate-owned facilities across Canada. Impact Auto Auctions provides a marketplace for the sale and purchase of high-mileage, aged or damaged insurance, rental, fleet, lease, finance and manufacturer vehicles.
AFC provides financial and business solutions to independent automotive dealers from more than 100 branch locations throughout the U.S. and Canada.
AFC financing is available to Impact Auto Auctions customers on their desktop, tablet or smartphone. Dealers can visit impactauto.ca for more information.