“It’s been extremely profitable for us.” That’s how Pat Denson, managing partner at Estero Bay Chevrolet, describes the impact of switching to GMF’s floorplan. Now that the dealership has been flooring with GMF for a year, Pat shares how it has impacted Estero Bay’s bottom line.
“The Test Drive was an awesome idea,” says Pat. “They gave us a free trial to see how it worked, and I was very impressed.” Right away he noticed that funding was quicker, and loan and lease volumes with GMF went up.
As a GMF floorplan dealership, Estero Bay Chevrolet earns Dealer Dividends® for obtaining benchmarks. With today’s lower inventories and floorplan expenses, those Dealer Dividends are going straight to the dealership’s bottom line.
The GMF floorplan relationship is focused on profitability for the short and long term. As Pat puts it: “Having a good month is a beautiful thing. Having a good 10 years is better.”
Episode 27: Preparing for Uncertainty
The future is unpredictable. Nobody knows this better than 2022 NADA Chairman Mike Alford, President of Marine
Chevrolet in Jacksonville, North Carolina. By working closely with GMF, Mike’s dealership has weathered economic
hardships and battled banks’ “selective amnesia” during tough times. Learn how Mike is preparing for an uncertain
future with GMF’s support.
Jessup Auto Plaza in Cathedral City, California, was one of the first dealerships to move to GMF for floorplan financing. We’ve both come a long way since then. Watch as General Manager Dan Jessup explains how his dealership is maximizing profitability and how he “wouldn’t be where he is today” without the resources and support from GMF over the past 10 years.