Tuesday, September 21, 2010
Cramer Toyota of Venice has renewed its financial agreement with Gulf Coast Auto Credit
Cramer Toyota of Venice has renewed its financial agreement with Gulf Coast Auto Credit. Gulf Coast Auto Credit is a local finance company that provides much needed financing to the local market. Gulf Coast Auto Credit entered the market just over one year ago to fill a void left because of the liquidity crisis suffered by most major financial institutions. “We are thrilled we were able to renew our lending commitment with Gulf Coast”, says Cramer Toyota General Manager Richard Bond. According to Bond, Gulf Coast has secured financing for hundreds of Cramer Toyota customers who otherwise would not have been able to purchase a car. “We will continue to look for strategic partnership to assist our valued customers”, says Bond. Gulf Coast Auto Credit lends exclusively to the Cramer Automotive Group giving the Cramer organization an edge over other automobile dealerships. Cramer Toyota of Venice has a higher quality used car then an independent because of the trade in vehicles it obtains from its new car operation. Many of these vehicles are low mileage older vehicles that are excluded from financing by major banks because of age, but provide needed transportation to the local community because of Gulf Coast Auto Credit.
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