Floor plan interest calculator

See what your aged new units cost in floor plan interest after the factory's floor plan assistance runs out. Enter your own numbers. Nothing is saved or sent anywhere.

Aged new units in stockUnits older than the days the factory credit covers.Average cost per unit$The floored balance per unit.Floor plan rate% a yearYour annual flooring rate.Average days in stockdaysFor these aged units.Days the factory credit coversdaysYour floor plan assistance window. Pocket20's aged-unit fix counts the days past 60.

INTEREST PAST THE FACTORY CREDIT

$6,904

missed net opportunity on these units, paid by the store

Every day these units sit: $173

Per unit, per day: $8.63

Days past the credit: 40

Total interest while in stock: $17,260

The math: 20 units × $45,000 × 7% ÷ 365 × 40 days past the credit = $6,904

How the calculator works

Floor plan interest accrues every day a financed unit sits: the unit's cost times the annual rate, divided by 365. On new units, the factory's floor plan assistance offsets that interest for a period. The cost that matters is the interest on the days past that window, because the store pays it itself. It is a net expense, so cutting it adds to net profit dollar for dollar without touching gross.

This is an estimate from the numbers you enter. Your lender's statement and your factory's assistance terms are the exact figures. Read more in Floor plan interest, explained and Dealership days' supply.

Get this from your own statement

Pocket20 reads floor plan interest, the factory credit and your units in stock straight from your factory statement, and ranks it with every other missed gross and net opportunity in dollars.

Get a free read

POCKET20

The 20-group in your pocket.

About What you get Get Pricing Get Pricing

privacy termsinfo@pocket20.com