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Automotive Credit Corporation Announces 2011 Dealer Finance

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Automotive Credit Corporation Announces 2011 Dealer Finance Powered By Docstoc
					     Automotive Credit Corporation Announces
      Price Reductions Up to 30% on our Core
                     Programs
Summary of changes (effective for applications submitted to us on 2/13/11 or later):

      Acquisition fees reduced by up to 30% for Silver Plus, Silver
      Basic and Bronze contracts that include an ACC approved
      GPS/SID device.
      • Contracts may be delivered without the device for 4% in additional fee.


      Minimum job time reduced to 90 days across all programs.
      • Silver, Gold and Platinum programs require 1 year of continuous employment.



What this means for you:
                                              Silver              Silver
                                              Plus                Basic           Bronze

Prior Program Discount                                 25%             30%              35%
New Program Discount                               18.00%              21%              26%
Discount Reduction                                   7.00%               9%              9%
Average Amount Financed                   $         13,500    $      11,000   $      10,100
Average Increase in ACC Advance           $             945   $         990   $         909
Less: GPS/SID Cost                        $             235   $         235   $         235


Increase in Net Cash to Dealer            $            710    $        755    $        509


Please log in to your dealer account at www.automotivecredit.com
to access the dealer finance program matrix for complete details.

				
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