View Single Post
Old 06-29-2009, 09:23 PM   #14 (permalink)
chevydlrmn
3.6 Liter SIDI V6
 
chevydlrmn's Avatar
 
Join Date: Mar 2005
Location: Minneapolis, Mn
Drives: 2006 CK15753 LQ9
Posts: 1,221
Re: GM To Start Saturn Inventory Reduction Sale Soon

Quote:
Originally Posted by longislander View Post
I don't think so. The cars are "floor planned", that is financed by GM (at an interest rate) and the note is paid off by the dealer when the car is sold to the customer.
floorplanned = financed (by GMAC, US Bank, Ford, etc...) = $ in GM's pocket.
chevydlrmn is offline   Reply With Quote