Carscoops

NOVEMBER 18, 2024

That includes 0% APR on both the F-150 Lightning and the Mustang Mach-E. Not only will it agree to install a charger for those who buy or purchase some EVs, but it’ll stack discounts and financing deals onto that too. That includes 0% APR for 72 months and $5,000 in bonus cash.

APR 75

APR Lessee Deal Finance 75

Automotive Mastermind

SEPTEMBER 30, 2022

auto dealers are facing new hurdles related to customer financing. Many credit unions are offering lower interest rates than leading top automakers captive financing arms. The Benefits of Captive Financing What is captive financing? Captive financing is the financial arm extended by OEMs to the dealership level.

Finance 52

Finance Customer Lessee Dealerships 52

Automotive Mastermind

NOVEMBER 18, 2022

The Cost of Financing Vehicles Has Risen The cost of financing vehicles is high for a variety of reasons, including: Customer demand Inflation Rising interest rates According to TransUnion reports , used vehicles “propel the debt metric,” with average used-vehicle monthly payments rising 22% on a year-over-year basis to $505 in Q1 2022.

Buyer 52

Buyer Finance Supply Chain APR 52