Shawn Ryder

JANUARY 22, 2025

When considering purchasing a used car in Ontario, Canada, one major financial aspect to be aware of is the Annual Percentage Rate (APR) you might encounter when financing your purchase. In Canada, lenders are legally required to disclose the APR, allowing consumers to better compare financing options from various providers.

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Shawn Ryder

JANUARY 18, 2025

The key components of an auto loan include the principal amount (the price of the vehicle), the interest rate, and the term of the loan (length of time to repay). Market Conditions Market interest rates set by financial institutions also play a crucial role in determining auto loan rates. Here are some strategies: 1.

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Automotive Mastermind

JANUARY 12, 2023

“Looking back at a tumultuous year for auto demand, the December sales result reflects apparent steadiness in the market,” said Chris Hopson, principal analyst at S&P Global Mobility. auto market is struggling, impacted by supply chain, labor, logistics, inflation, and wider economic concerns,” said Chris Hopson.

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Automotive Mastermind

NOVEMBER 18, 2022

With so many external factors, including ongoing inventory shortages, it’s critical for all dealers to look ahead in order to enhance their ability to market to their audience confidently. APR in August versus 5.4% When it comes to captive customers, however, dealers and OEMs have a distinct return-to-market timing advantage.

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