Dealer Resource Guide
We’re Here To Help
As COVID-19 continues to impact our world, we’re committed to helping you navigate these uncertain times. We’ve compiled a guide of available programs, resources, and the latest news to keep you moving forward.
THE LATEST NEWS
Keeping You Up to Date
Used-car Sales in August Likely Up 4% Year-Over-Year
August 25, 2020 | Auto Remarketing
Manheim Adds More Auctions to In-Lane Bidding
August 24, 2020 | Auto Remarketing
Holyoke Car Dealership Owner Says It’s a Good Time to Sell Used Cars
August 18, 2020 | Western Massachusettes News
Hyundai Posts First U.S. Sales Gain Since February
August 3, 2020 | Automotive News
LOCAL HEROES
Celebrating You! #BeTheGood
You inspire us! We want to celebrate the hope you’re creating. Tag us on Facebook or Twitter so we can share your story.
Schulte Subaru in Sioux Falls Gifts Dream Car to Long-Time Employee
July 21, 2020 | Dakota News Now
Timmons Subaru of Long Beach Supports Friends of Long Beach Animals Organization With a Check For $38,000
July 20, 2020 | Long Beach Post
Toyota South Atlanta Donates $10,000 Local Public School Foundation
July 19, 2020 | Benzinga
Chatham Parkway Toyota in Savannah, GA Pledged to Donate to a Different Charity Every Saturday in July
July 4, 2020 | WTOC Savannah
AUTOMOTIVE GIVES BACK
#InThisTogether
GM, Ford Ventilator Projects Close in on Their Finish Lines
August 25, 2020 | Automotive News
Honda, General Motors Partner to Produce Hand Sanitizer
June 30, 2020 | MRO Magazine
Toyota Continues to Step up Efforts to Provide Loans and Payment Relief to Dealerships and Shoppers
June 23, 2020 | Automotive News
Ford Throws Lifeline to Suppliers Facing Cash Crunch by Paying Bills Early
May 21, 2020 | Automotive News
Programs & Support
COVID-19 Guidance From the CDC
The Centers for Disease Control and Prevention (CDC) offers the most up-to-date information on COVID-19 and guidance for businesses and employees.
Small Business Loans & Lenders
U.S. Chamber, Emergency Small Business Loans
An explanation of the current Small Business Administration’s loan programs, including a very informative FAQ list.
Small Business Guidance & Loan Resources
Paycheck Protection Program
The U.S. Treasury Department’s application for the Paycheck Protection Program.
Bank Of America Small Business Loans – Bank of America’s resource page for the Paycheck Protection Program and other small business loans, including eligibility and terms.
JP Morgan / Chase Small Business Loans – Chase Bank, a preferred SBA lender’s Paycheck Protection Program and other small business relief loan information, including applications.
Capital One Small Business Loans – Capital One’s resource page for Small Business Administration loan information and applications, including benefits and loan options.
US Bank Small Business Loans – US Bank is a preferred SBA lender. Their resource page clearly and succinctly outlines the Paycheck Protection Program and other SBA loan offerings.
Wells Fargo Small Business Loans – Wells Fargo’s resource page for the Paycheck Protection Program includes a clear breakdown of the different SBA loans available. Get started in less than 5 minutes.
TD Bank Small Business Loans – A preferred SBA lender and #1 SBA lender in the Eastern U.S. Known for fast loan decisions, TD Bank is a strong choice when time is of the essence.
Find Other Eligible PPP Lenders
Useful database and map available for small businesses to search out Paycheck Protection Program eligible lenders in their area.
The Latest From the Auctions
NAAA
NAAA financial support, adaptive business practices, and links to COVID-19 industry resources.
Manhiem
Manhiem’s current financial assistance support as well as updates on digital auction operations.
ADESA
ADESA’s business adaptations to COVID-19 and tutorials on how to take your business digital.
Best Consumer Auto Loan Rates
Quality financing is a critical component of every deal. Below is a list of top lending partners, available programs and rates to help your buyers secure the very best financing they can.
Ally Bank
To help encourage the new vehicle sales, Ally borrowers will be able to defer their first payment for up to 90 days. Ally is also offering interest rates under 3%.
888-925-2559
Bank of America
800-432-1000
Other Major Lenders are also offering competitive rates to auto customers. Click or call for complete information on eligibility and available rates:
Additional Legislative Resources
If you have questions or would like to share updates or stories, please contact us at media@carsforsale.com