Financing for used car dealers
Funding tailored to independent used car dealers - auction buys, reconditioning, transport and cash flow.
Used Car DealersFunding built for used car dealers
These products fit how used car dealers actually earn and spend. One application matches you to the right one.
What you can do with funding
- Buy and replace vehicles and equipment to meet demand.
- Stock more inventory and buy at auction without tying up cash.
- Keep everything running - avoid costly downtime and breakdowns.
- Cover fuel, repairs, parts and payroll between bigger payments.
- Invest in tools, software and people to run leaner and grow.
How to qualify
Most funding partners look for these basics. Criteria can vary by product and partner.
- Operating in the United States
- 6+ months time in business
- $15,000+ in monthly revenue
- Revenue deposited in a business bank account
- A credit score of 500+
Is financing a good fit?
Pros
- Finance new and used trucks, vans and trailers to meet growing demand.
- Stock more dealer inventory without tying up your own cash.
- Cover fuel, repairs, parts and payroll without disrupting operations.
- Access funds fast for breakdowns, auctions or sudden opportunities.
Keep in mind
- Some equipment and vehicle purchases require a 5-25% down payment, depending on credit.
- Faster funding can cost more than a traditional bank loan - so it's best used to grow or seize an opportunity, not as a last resort.
Common questions
Have a question about funding for used car dealers? Apply and a specialist will help - with no impact on your credit.
Apply NowYes. Independent and used-car dealers can qualify for floor plan lines to stock inventory; terms reflect your lot's volume and history.
Newer lots still have options - lines may start smaller and grow as you build a track record with the funding partner.
Working capital for reconditioning, marketing and payroll, plus equipment financing for shop tools.
Submitting an application to explore your options does not affect your credit score. A hard credit pull only happens later, with your consent, if you move forward with a specific offer.
No. Dealerun is a financing marketplace - we match you with a network of independent funding partners and help you compare offers. Final rates and terms come from those partners and are subject to approval.