1 / 8

GE CDF Motorsports

GE CDF Motorsports. Pre-Owned. Financing Programs. 2 / GE / Pre-owned ... 16 Billion Dollar Industry (Excluding Pre-Owned Sales) An Estimated 1 Million additional ...

DoraAna
Download Presentation

GE CDF Motorsports

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

    1. GE CDF Motorsports

    Pre-Owned Financing Programs

    2. Pre-owned Mcy. & ATV Market

    2 Million Motorcycles & ATV’s sold each year in the U.S. Average “Wholesale” value is approximately $8,000.00 $16 Billion Dollar Industry (Excluding Pre-Owned Sales) An Estimated 1 Million additional sales are Pre-owned An Estimated 20% are sold through Franchised Dealers The Average Price of a Pre-owned unit is $5,000.00 $5 Billion Dollar Pre-owned market in the U.S.

    3. Average Income by Department (%)

    4. Pre-Owned Product Differentiation

    Unique Unit (No shopping your competitor) No OEM Franchise necessary Unlimited Supply & Unlimited Selection

    5. Sources for Pre-Owned Product

    Auctions (On-site or On-line) Direct Purchase (Newspaper or “Trader”) Trade-ins (through your Dealership) Internet (numerous sites to search) Dealer to Dealer (Buy or Trade)

    6. Potential Added Value for Dealers

    Increased Store Traffic Increased Product Selection Increased Dealer Profits Increased Service Income Increased Warranty Income Increased PG & A sales Future Trade-up

    7. Applying for Used Financing

    Existing CDF Dealers: No New application necessary! Up to $ 100k for Dealers in good standing Higher lines available on qualifying accounts New dealers: Easy application (on-line @ www.gecdf.com) Fast response (24-36 hrs. w/complete application) Used Only Dealers eligible to apply

    8. GE Pre-Owned Flooring Process

    STEP 1 – Dealer applies to CDF for pre-owned financing * STEP 2 – Dealer submits Advance Request form to CDF on Trade-ins STEP 3 – Once approved, CDF “floors” the used units and pays Dealer directly STEP 4 – Dealer sells used unit and pays CDF 4 Easy Steps! Trade-Ins & Direct Purchases * Existing customers call your CDF Account Manager

More Related