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re: Used car business
Posted on 5/17/12 at 8:46 am to Alabama Slim
Posted on 5/17/12 at 8:46 am to Alabama Slim
$35,000 is not going to cut it. He needs to convince a bank to provide him with a floorplan so he can build up a nice inventory of vehicles. Of course, the bank is going to want proof of Dealers Open Lot insurance before they would floorplan for him. Also, his finances would have to be in pretty good order.
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