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Old 06-29-2009, 10:23 PM   #14 (permalink)
chevydlrmn
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Join Date: Mar 2005
Location: North Central Region, WOL
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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.
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