Imagine if drivers delivered as slow as broker paid...

I am a little confused here.
Is the payment you are waiting for:

The the vehicle itself?
Or for the transportation cost of delivering the vehicle?
Or both?

 

Unfortunately you might be surprised at just how slow the U.S. postal service can be these days. My local bank in a very small city , sent me a notice about their email being hacked, from the date of the notice , it was 10 days before the letter arrived in my mailbox.

 

I like COD, Sometimes they have a hard time understanding, that you pay before you unload.

 

Yes very good point indeed

 

When I did food service, the terms were spelled out at the bottom of every invoice/ delivery receipt. 30 day terms. 1-5 days late % rate interest, 5-10 day % goes higher etc. Anyone with bad credit was COD only.

 

Heck, 30 days is so normal in business I wonder why people complain here. I know it's always better to get the money faster, but it's not a shock to anyone that has every dealt with accounts at any business.
The few I have personal experience with is the gas station I was a manager at in my teens. Everything was 30-90 day due when the invoice was signed for. From fuel to beer to little debbie snack cakes. When I ran a retail computer store it was all 30 days that we both billed out to customers and that we were billed for product. Sure retail customers were due on delivery, but just about any business was 30 days. heck, even the parts I deliver to GM are 90 days as written on the invoice.
Even the plumbing business my sister owns, she'll bill business customers at 30 days and retail customers upon work completion (and depending on the scale, a deposit before work is started.)

And, of course, like mentioned the 30 day credit was dependent on how well the customer paid. Sometimes it was COD, but that was rare to be honest.

 

I always heard auto Transport was COD. Things must have changed.