by Ecin » Mon Jul 31, 2006 8:37 pm
I'm buying a used car dealership. The dealership currently finances on it's own. So it doesn't finance through lenders. What I want to know is what do I have to do to finance through other lenders and make money from either raising interest rates a bit or referral fee. Like what system do I need to check the customer's credit and what system I need to send the credit info to different lenders just checking the client's credit only ONCE. I need this so I can sell cars worth over 15k since all they currently sell is cars worth 5-8k. I'm not sure if the dealership makes money referring insurance, but I'm also interested in that.