Remove Automotive Remove Finance Remove Financing Costs
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EV Sales Plunge 55% In Germany As Incentives Dry Up

Carscoops

The small rebound of ICE vehicles wasn’t enough to prop up the automotive market, which shrank by 11.7 “The weak economy, high financing costs and considerable geopolitical tensions are leading to a reluctance to buy on the part of both private individuals and companies,” Gall told the Wall Street Journal.

Sales 135
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Falling interest rates ‘create opportunities’ for dealers.

Motor Trader

” “The automotive industry has experienced a challenging first half of 2024. Allen concludes: “Lower financing costs are a positive step, but they won’t solve all of the market’s challenges overnight. While price reductions could boost sales, the industry’s recovery will be a “slow and complex” process.

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Electric Vehicle Trends 2024: Boom or Bust Future for EVs 2024

Jato

With electric vehicle uptake continuing to be a hot topic for the automotive industry, we take a look at the latest Monthly Payment finance data to give our predictions on the trends we could see in 2024. Prediction #1: Big 5 European markets – Will high-costs for BEVs remain or decline in 2024 ?

Retail 111
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Is it smart to buyout a lease instead of straight financing?

Shawn Ryder

When it comes to acquiring a vehicle, consumers are often faced with a pivotal decision: should they buy out their lease or pursue traditional financing? This question is not just about numbers; it dives into personal finance, lifestyle choices, and future freedom with vehicle ownership. Let’s delve into them.

Finance 52
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Financing Your Dream Maserati: Understanding the Leasing and Financing Options for Your Luxury Vehicle

Market Doctors

For many automotive enthusiasts, owning a luxury vehicle like a Maserati represents a lifelong dream come true. However, financing your dream car can sometimes feel like a daunting task, especially considering the high-end nature of these vehicles.

Finance 52
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Inflation, interest rates continue to impact consumers, dealers

Canadian Auto Dealer

Pressure from inflation and interest rates continue to impact consumers and dealers through increasing vehicle and financing costs, along with higher fixed and compensation costs, respectively. That is according to DSMA’s Automotive Intelligence report covering the last quarter of 2023.

Banking 52
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Can I buy a car if I’m a few hundred dollars short?

Shawn Ryder

Fortunately, there are several strategies to consider that can help bridge that gap without compromising your financing options or peace of mind. Exploring Your Options for Financing If you’re still short on funds, consider exploring various financing options that can help you obtain your vehicle.