Xorg

I'm working on a lease spreadsheet that has a line item for a "Floorplan Fee" or "Wholesale Cash Reserve" fee that they claim can be found on the delaer invoice, but isn't listed on most car pricing sites. Does anyone know what this is or can someone post a window sticker from a TL-S I could look at?

Thanx!

mikester

This usually refers to the dealer holdback.

Guest

This fee is pure BS additional profit to the dealer, don't pay it.

MCD

If I'm not mistaken, floorplan fee is the interest the dealer pays on the car while it sits on the lot - the longer the car has been there, the higher the floorplan fee.

Sometimes dealers will try to counter that even though they receive holdback, if the car has been sitting on the lot a few months the floorplan fee will negate their holdback.

If I'm not mistaken...


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2002 Acura TL-S w/ Navi
Aegean Blue
Underbody kit
Spoiler

Former: 1997 Acura Integra GS-R (Pioneer Head Unit, CD-Changer, EQ, Boston Acoustics separates, 2 - JL 12W4s, Kicker & Pioneer Amps)

Xorg

Thanks guys! I never heard the holdback called this before,

MCD

Like I said, I'm pretty sure that floorplan is different from holdback. They're not the same.