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Southeast Toyota Distributors LLC, (SET) founded in 1968, is the top private distributor of Toyota vehicles in the world. [4] [5] [6] They are franchised by Toyota Motor Sales, USA to sell vehicles and parts to car dealerships in the five states of Alabama, Florida, Georgia, South Carolina and North Carolina. [7]
A car dealer orders vehicles from the manufacturer for inventory and pays interest (called flooring or floor planning). Dealer holdbacks are a system of payments made by manufacturers to their dealers. [5] The holdback payments assist the dealer's ability to stock their inventory of vehicles and improve the profitability of dealers.
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Strayer's campus in Morrisville, North Carolina. More than half of the students enrolled at Strayer University take all of their courses online, and the entire bachelor's and master's degree programs can be completed via the Internet. [59] [60] As of June 2019, Strayer had a total enrollment of 52,253 students. [61]
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