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Discuss AFC financing in the Finance and Insurance forum at Car Dealer Forums; Hi, I am starting my own used car dealership. I would like to know if ...
  1. #1
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    Default AFC financing

    Hi, I am starting my own used car dealership. I would like to know if anybody here has had any experience with afc? Or any other finance companies. What are there requirements for financing?


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  2. #2
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    I worked for a used car dealer a few years back and we used MAFS, AFC, and DSC. All were easy to work with and after establishing some good buisness with the auctions you attend, the different Floor Plan Companies will extend you some credit, usually a small ammount to start and then as your relationship matures the limit will increase. Same idea as credit card but you must sell your cars within 30-45 days or the fee's will kill you. I'll be honest, I was just a buyer and dont know much of the specifics but any of the above companies would be glad to give you any info you need and some now offer a buy here pay here plan if your into such a thing.

  3. #3
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    What type finace is provide. Details pls

  4. #4
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    Here's a link AFCDealer.com

  5. #5
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    hi just after a bit of information about afc, i was looking at them for a car because i have poor credit and prob wont be accepted anywhere else, thanks for your help

  6. #6
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    It is quite good explanation by the previous poster, i think most of the time we does get the confirmation so late that it affects our performance.

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