CHARLOTTESVILLE, Va. — Operator Dan Goff likes the new 2017 Lincoln-Continental so much he doesn’t just want to buy them for his chauffeured service. He’s started a finance company to help fellow operators get the new luxury sedan, too.
Goff, general manager and co-owner of A. Goff Limousine & Bus Company in Charlottesville, this year launched American Business Brokerage and Finance, a funding company that provides loans for commercial vehicles and equipment related to limousine operations. Its signature product now is a financing program for the Lincoln-Continental, which rolled out to the industry in September.
“I can help them understand the finances and help them do something about it,” said Goff, also a degreed accountant and licensed vehicle dealer. The online program offers 0% down on a 60-month loan with instant pre-approval that takes four minutes and full approval within three days. Other shorter-term loans and leases are available with down payment options.
The advantage for operators is they can get into a Lincoln Continental without having to burn cash for down payments that otherwise could be devoted to daily operations, Goff said. In secondary and tertiary chauffeured markets, such as Norfolk, Va., an operator could feasibly run the Lincoln-Continental for five years at 25,000 to 30,000 miles per year, he added.
American Business Brokerage and Finance does not arrange loans for retail consumer vehicle buyers.
“I’m just targeting this to friends in industry,” said Goff, who has been one of the industry’s most ardent fans of the new Continental. Goff was the first International LCT Show attendee in March to sit in the prototype after it was unveiled and he has written prolific posts on social media sites promoting the vehicle, including the Facebook page “Conti-Curious.” He received his first two Continentals last month. “I love the car. I understand the car. I talk to people about this car every day and hear about it. We believe in this product and know it will be successful. A lot of times your biggest successes come from filling a need.”
Goff also can attest to the profitability of the sedan; his standard rate for an airport transfer from the Charlottesville airport to downtown is $194. Rate website here
Because the Lincoln Continental has been so well received among operators, it already is sold out the first production. Job orders are pending for the next wave of deliveries scheduled for February and March of 2017. As a result, Ford-Lincoln at this time is not offering any rebates or incentives given the strong demand. While all Lincoln-Continentals so far have been snatched up or spoken for, there are possible strays that may become available from cancelled orders or changed minds, Goff said.
The fervor for the Continental in the limousine industry has surprised even the executives at Lincoln Motor Company, he added.
“We want to do business with people who have vibrant growing businesses and who need capital but are shunned by local banks because of regulations,” Goff said. “We’ve lived what our customers have lived. We want to turn metal into money. When business owners make decisions, they don’t like to wait. They want what they want.”
Keywords
Barry Trabb business loans Craig Hall Dan Goff dealerships finance Lincoln Limousine & Livery Vehicles Lincoln Motor Company Lincoln-Continental new sedans vehicle financing vehicle leasing
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