Hello, you need to enable JavaScript to use this network.

Please check your browser settings or contact your system administrator.

Automotive Social Network

Automotive Social Media | Automotive Internet Marketing | Automotive SEO.

Dealers' feedback needed - sub prime funding

Private investors are lending money to car dealers today (since the majority of the banks have backed out in today’s markets). It’s amazing how many investors want to do the funding

We are running this in IL. Soon we'll expand to other states.

Here’s how it works:
Small dealers (under $1 Million in sales) set up rent to own and other programs (we do that for them) The investors lend the dealer on a JV basis up to 100% per every sold vehicles.

We take care of the finance and other administrative procedures (including tracking, payments, etc.) We charge $125 per every vehicle we help selling.

Now - small dealers can advertise that they have “financing available to customers with bad credit”, sell cars to customers with bad credit and don’t have to be a financing company, since we do all that for them.

If any dealers experienced something similar – I would like to get their feedback. Also, I would like to hear any suggestions and concerns.

About This Discussion

Started Oct 17 2008 by:

DAAssociates DAAssociates
View Discussions »
Send a Message
Add as friend

Existing Members: Sign In

Forgot Password?

About Automotive Social Network

JD Rucker JD Rucker created this social network on Ning.

Get an Automotive Social Network Badge!

Spread the word! Get an Automotive Social Network badge to put on your website or MySpace page. (Get Code)

Automotive Social Network brought to you by JD Rucker © 2010 Report an Issue | Give Us Your Feedback

Spread the word! Get an Automotive Social Network badge