GM-03
Capital, Floorplan, And Spending-Authority Reference
Current floorplan exposure store-wide, and the four-tier spending-authority structure in one place.
Floorplan exposure by department carrying inventory
| Department | Units on floorplan | Dollars outstanding | Curtailment risk (Y/N) |
|---|---|---|---|
The four tiers
- uncapped, both directions, including negative gross
- once a deal reaches the GM, his decision is final — LOCKED, per Doug 2026-09-02
- under $10,000, non-inventory
- normal dealership operating items — GM's own call, no corporate approval needed — LOCKED, per Doug 2026-09-02
- $10,000 or more, non-inventory
- requires corporate approval even when not capital expenditure — LOCKED, per Doug 2026-09-02
- any dollar amount
- capital expenditure — facility, major equipment, property — always requires corporate approval, no floor — LOCKED, per Doug 2026-09-02: "no CapEx without corp"
This month's capital case, if any
Ask "is this capital, or just large" before applying a dollar line mechanically.