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Floorplan Financing

Floorplan financing is a revolving credit line dealerships use to finance vehicle inventory. Learn how floorplan interest erodes margin on aged units.

A revolving credit line dealerships use to finance vehicle inventory. The lender (typically a manufacturer captive or bank) pays the wholesale cost, and the dealer pays interest until the vehicle sells. Floorplan interest is one of the largest variable expenses at any dealership — typically 3–5% of total gross. Vehicles that age on the lot accumulate floorplan cost that directly erodes margin, creating pressure to discount aged inventory and accept lower front-end gross just to stop the interest clock.

Category: Finance

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