What is a floor plan?

A floor plan is a form of retailer financing for large ticket items displayed on showroom floors or lots, car dealerships especially.  Specialty lenders, traditional

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August Update: Wholesale & Retail Used Vehicle Price Trends

As summer winds down and auto dealers seek effective strategies to close the fiscal year, being updated on the status of all market sectors becomes vital. Auction Central is offering a helping hand by collecting the most recent data, using performance reports from the prior 12 months and examining price changes and volume trends to provide some extra insights for dealers.

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Used Vehicle Pricing on a Rapid Decline: Q3 Planning

Dealers are finding themselves at a crossroads as the used car market undergoes a significant transformation with declining prices, inching back to normalcy. It is within this shifting landscape that dealers must navigate strategically, adapting their approaches to not only weather the storm but emerge stronger. In this article, we unpack some recent data & give some expert recommendations moving into Q3.

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