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Non-Tech : APCO Automobile Protection Company -- Ignore unavailable to you. Want to Upgrade?


To: gekko who wrote (2996)12/6/1998 12:38:00 PM
From: Cary C  Respond to of 3351
 
>>Why have ONE(pun) bank when you can have 2-3-4.............<<

Gordon the one Bank they have right now does the majority of the financing for car dealerships right now. Don't hold me to the % but I believe it was mentioned that they did 85% of the financing for dealerships.

Banc One is starting in 3 States in the month of December and supposedly rolling out the program nationwide the first of the year. In the state of Ohio, they have already signed up 23 to 25 dealerships.

Who cares about Honda. The real growth and price appreciation for APCO will be the Banc One deal.

Cary