Go Back   DealershipForum.com > Domestic Franchises and Independent Dealers > Chrysler > Finance

Notices

Reply
 
Thread Tools Display Modes
Old 02-24-2009, 09:04 AM   #1
XDCX
Administrator
 
Join Date: Nov 2007
Posts: 14,855
Default 130% CFC Advance for high FICO customers

In a recent Conference Call Jim Press indicated that CFC would increase their advance to 130% for certain high FICO customers in an effort to stimulate sales. Has it worked?

How does 130% advance compare to most of your other lenders?
XDCX is offline   Reply With Quote
Old 02-24-2009, 09:40 AM   #2
CarguyCO
Senior Member
 
Join Date: Jan 2009
Posts: 260
Default

As soon as you show me a 900 FICO score, I'll show you Chrysler accepting that deal..

We are struggling to get them to take any deals even when the equity position is 30%!

Anybody else?
CarguyCO is offline   Reply With Quote
Old 02-26-2009, 04:26 PM   #3
village1
New Member
 
Join Date: Dec 2008
Posts: 3
Default

They are the biggest bag of a--holes breathing air right now
village1 is offline   Reply With Quote
Old 02-26-2009, 08:17 PM   #4
XDCX
Administrator
 
Join Date: Nov 2007
Posts: 14,855
Default

Quote:
Originally Posted by village1 View Post
They are the biggest bag of a--holes breathing air right now
So, I'm guessing that your answer to the question is no?

Hopefully we'll get some more feedback and we'll find someone who's had some success with CFC. If not, that's OK, we'll just have to figure out where to send the deals to get them funded.
XDCX is offline   Reply With Quote
Old 02-27-2009, 09:36 AM   #5
dafuzz1956
Senior Member
 
Join Date: Oct 2008
Posts: 691
Default

Xman optomism is a great thing to have and on this thread you got it
dafuzz1956 is offline   Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
High Impact Colors possum Sales 16 01-26-2011 09:32 AM
Does anyone remember Peter Guthrie from CFC? steve_biegler Automotive Discussions 3 01-15-2011 06:38 AM
Cfc Ralph Sales 15 09-24-2010 10:16 AM
Who has the Best Rates and the Best Advance? XDCX Automotive Discussions 2 01-12-2009 10:05 PM
Has CFC changed the way they calculate advance? XDCX Finance 0 06-04-2008 08:57 AM


All times are GMT -7. The time now is 08:10 PM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2018, Jelsoft Enterprises Ltd.
Copyright DealershipForum.com - 2008 - 2016