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12/10/2013    Insurance Auto Auctions Makes Enhancements to IAA Auction Center

Insurance Auto Auctions, Inc. (IAA), the leading live and live-online salvage auto auction company and wholly-owned subsidiary of KAR Auction Services, Inc. (NYSE: KAR), today announced significant enhancements to its financing and payment services capabilities through the IAA Auction Center, IAA’s unique online marketplace that allows buyers to search inventory, purchase vehicles, and manage their accounts at any time. Through the newly launched enhancements, licensed IAA buyers now have the ability to access Automotive Finance Corporation (AFC) credit availability online through the IAA Auction Center. The new online offering is designed to create a truly mobile experience for buyers, giving customers the power to finance vehicles online anywhere at any time using their AFC line of credit.

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04/24/2012    AFC’s “Fee Free Flooring for a Year” Contest Won by San Jose Dealer

Said Barzegar of Eurosport Auto has won the Grand Prize in Automotive Finance Corporation’s Fee Free Flooring for a Year Contest. The dealership, located in San Jose, California is serviced by AFC Cal, LLC’s San Francisco branch; led by Tony Souza. Eurosport Auto has been an AFC customer since 1998.

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04/23/2012    AFC Rolls Out its Enhanced RV Inventory Financing Program Nationwide                          

Automotive Finance Corporation (AFC) has expanded its inventory finance product offerings to include more options for its Recreational Vehicle dealers. Having offered financing solutions for independent dealers’ vehicle purchases for 25 years, AFC sees an opportunity to better meet the needs of RV dealers looking to finance their used inventory.

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02/03/2012    AFC Introduces New Mobile App

AFC has built a mobile application specifically designed to address their dealer customers' business needs.   The "AFC on the Go" app was developed after surveying customers about their mobile computing challenges.   AFC's mobile app is available for immediate download from the Android Market, as well as for iPhone users via iTunes.

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01/26/2012    AFC Announces Free Flooring For a Year! Promotion

Automotive Finance Corporation (AFC) CEO and President, Don Gottwald, announced a new national promotion this morning at the company's official 25th Anniversary Celebration hosted at ADESA Dallas.  As part of their ongoing anniversary activities, AFC is giving away free floorplanning for a year to one lucky AFC Dealer.

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01/12/2012   AFC Launches New Website

“We surveyed our dealers, and they told us what features they wanted and how they wanted to transact with us,” said Jay Bahel, Vice President of Strategic Initiatives for AFC.  Bahel says their intent is to be available to their customers everywhere. “We want to be accessible to our customers whether they want to do business in person at a local branch or virtually through a computer or mobile device.”

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12/21/2011   AFC Announces Grand Prize Winner of Big Game Giveaway Promotion

Bret Gilbert of Premium Pre-Owned Autos Inc., has won the Grand Prize in Automotive Finance Corporation's (AFC) Big Game Giveaway.  The dealership, located in East Peoria, Illinois is serviced by AFC’s St. Louis Branch; led by Paul Stoll. Premium Pre-Owned Autos has been an AFC customer since 2008. 

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12/05/2011   Interview with Don Gottwald

Don Gottwald is the president and CEO of Automotive Finance Corporation (AFC), a subsidiary of KAR Auction Services Inc. AFC is one of the largest independent providers of dealer floorplan financing in North America.  AFC, as part of KAR Auction Services, Inc., provides financing solutions for automobile retail, wholesale, powersport and RV dealers, as well as salvage and daily rental operators.

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12/01/2011   Floorplan Mainstay Celebrates 25 Years

Do you recall the last time you attended a 25th Anniversary Party? In these unstable economic times, few employees celebrate 25 years of service with a single employer.  Rarer still, is the company that is able to survive the industry challenges and competitive threats required to celebrate a quarter century of ongoing operations. 

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11/10/2011   NPA Launches the NPA Dealer Financing Program

National Powersport Auctions (NPA), the leader in powersports remarketing, is pleased to announce the NPA Dealer Financing program. Designed exclusively for powersport dealers, NPA Dealer Financing was created to empower and assist powersport dealers to develop and expand their pre-owned business.  

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09/20/2011   AFC and AuctionACCESS Create Automated Solution to Benefit Auctions & Dealers

AuctionACCESS, a service of AutoTec, and Automotive Finance Corporation (AFC) have aligned resources to develop a technology solution that now provides AFC floorplan credit line availability and automated flooring capabilities directly to auctions via their auction management systems. 

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