Drive.com

MARCH 6, 2025

Affording a petrol, diesel or hybrid car in 2025 just got harder with one bank banning new car loans on these powertrains. As of February 2025, Bank Australia said it will now only offer car loans on electric vehicles (EVs), as it looks to double down on its 2035 carbon net-zero targets.

Banking 92

Banking Finance Manufacturing Customer 92

CarExpert

JANUARY 9, 2024

UPDATE, 10:45am 10/01/2024 – We’ve updated the opening of the story to make clearer the fact the dealer wasn’t involved in the alleged scam, and added detail about similar scams hitting buyers of other brands. “NAB has a comprehensive, bank-wide strategy to improve our response to the scam epidemic targeting Australians.

Buyer 119

Buyer Banking Customer Dealerships 119

Best Selling Cars Blog

OCTOBER 1, 2024

Dreaming of that new car smell but worried about financing as a first-time buyer? Now, as a first-time buyer, you might face some hurdles. Check with: – Banks : Traditional banks often offer competitive rates, especially if you have an established relationship with them. Don’t sweat it! What Is Vehicle Finance?

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Finance Buyer Prepayment Penalties Down Payment 130

Carscoops

JANUARY 27, 2024

He claims that the car was listed for sale and that a potential buyer going by the name John Clay made an offer of $75,000, which he accepted. “Clay” showed up with a cashier’s check valued at $75,000, and to verify its authenticity, Kiefer says he took it to a bank for inspection.

Banking 116

Banking Buyer Sales 116

Carscoops

NOVEMBER 19, 2024

European carmakers have been making bank in China for years, but now the profit stream has turned to a trickle, and no one knows this better than the retailers struggling to shift metal. A new price war in the country has led to unsustainable heavy discounting that’s putting retailers into the red.

Retail 111

Retail Sales Banking Networking 111

Carscoops

MARCH 7, 2025

The Land Cruiser is just too expensive for most buyers in Europe, making the Duster an obvious choice for those who want to hit the trails without completely draining their bank account. Still, there’s hope on the horizon for budget-conscious buyers caught between the two. That price tag.

Banking 111

Banking Buyer Management 111

Carscoops

FEBRUARY 7, 2025

New Corvette buyer crashes car five minutes after purchase, skidding off the road. According to the seller who shared the story on a Reddit thread, the buyer had taken out a loan to purchase the Corvette and brought a check with him. The two were on their way to a nearby bank to cash it.

Repairing 101

Repairing Banking Buyer 101

Carscoops

OCTOBER 5, 2024

One in six car buyers are taking on car loans with monthly payments in excess of $1,000. The average price of a new car in America stands at $48,000 this year, but what matters to buyers isn’t the MSRP or transaction price of their new vehicle, it’s the amount of cash that leaves their bank every month to pay for it.

Buyer 111

Buyer Down Payment APR Finance 111

Carscoops

FEBRUARY 23, 2025

But now local car buyers are increasingly rejecting long-established European brands in favor of domestically-produced, Chinese-branded cars. Moreover, buyers’ heroes are tech brands, and they want tech features Porsche and Western brands can’t deliver, but Chinese ones can.

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Sales Banking Buyer Development 105

Auto Remarketing

MAY 1, 2024

“But when we combined their list price with the low use rate for EVs and compared those figures to other vehicle types, we were able to quantify exactly how much more electric vehicle buyers are paying, only to drive them less.” The post Alt-fuel vehicles don’t necessarily have to break the bank appeared first on Auto Remarketing.

Banking 95

Banking Rebate Deal Manufacturing 95

Drive.com

JANUARY 28, 2024

In a briefing with Australian media including Drive , Lamborghini global CEO Stephan Winkelmann attributed the sales boom to – among other factors – a growing pool of younger buyers that can afford a new Lamborghini. “We are always very carefully looking into the lengths of the order bank, not to put too many cars into the market.”

Buyer 102

Buyer Sales Banking Logistics 102

Carscoops

FEBRUARY 28, 2024

It could also be a big boom to the seller’s bank account in terms of profit. Tesla has an interesting clause in its Cybertruck sales paperwork though that requires all buyers to request a buyback of their truck if they want to sell it. That might not end up being the case though.

Buyer 119

Buyer Banking MSRP Retail 119

Carscoops

JANUARY 6, 2025

Infiniti’s decline shows how outdated luxury strategies no longer resonate with buyers today. Nissan is in a whole lot of financial trouble and is banking on a proposed merger with Honda and Mitsubishi to reverse its fortunes. Nissan’s 2024 sales gains prove affordable sedans still matter in a crowded SUV market.

Sales 119

Sales Banking Dealerships Management 119

Carscoops

MARCH 6, 2025

More: Facebook Marketplace Scam Leaves Ram Buyer With Stolen Truck Surrounded By Cops And Out $28,000 Instead, Mente heard from the U.S. Mente, eager to secure the supercar, agreed to pay $5.4 million and waited patiently for the production and delivery of his prized vehicle. But, as it turns out, neither of those things were ever coming.

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Sales Banking Deal Finance 105

Carscoops

JANUARY 9, 2025

New financing deals could help buyers save over $12,000 on a higher-spec ID.4. Buyers can lease the ID.4 If you’d like to get behind the wheel of the electric SUV without breaking the bank, head to the VW website and type your postcode into the ‘Your Local Offers’ section to see which deals you may be eligible for.

APR 98

APR Gap Insurance Banking Finance 98

Carscoops

MAY 5, 2024

The dealer tries all sorts of tactics to sell the car in question for over MSRP but the buyer doesn’t bite. The buyer arrives at the store with a goal of walking out without paying a cent over $26,000. The buyer continues to remain steadfast saying things like “I’ll have to save up and come back next year.”

Buyer 111

Buyer MSRP Banking Deal 111

Autocar

FEBRUARY 26, 2025

The punch of the computers will allow Volvo to gradually quadruple the size of the information bank for its artificial intelligence, using data collected from cars already on the road. This should yield improvements to the cars collision avoidance and autonomous driving systems over time, according to Volvo.

Spread 98

Spread Banking Technology Development 98

CarExpert

APRIL 3, 2024

The former Holden proving ground in Lang Lang is still looking for a buyer, more than two and a half years after the facility’s current owners initially put the site up for sale. million towards repaving the banked bowl.

Buyer 75

Buyer Banking Manufacturing Development 75

Motor Trader

FEBRUARY 7, 2025

The Bank of England (BoE) has confirmed that interest rates will be cut to 4.5% Sue Robinson, chief executive of the National Franchised Dealers Association (NFDA), representing car and commercial retailers across the UK said:The Bank of England has reduced interest rates further to 4.5%, following cuts in August and November last year.

Banking 52

Banking Retail Automotive Term 52

Drive.com

FEBRUARY 25, 2024

Scammers may try to use under-priced items to lure buyers into a scam. The scam relates to sellers being asked to send money to the ‘buyer’ via PayID to establish a transaction with the promise the money will be sent back with a deposit before the scammer comes and picks up your car.

Buyer 81

Buyer Banking Deal Management 81

Dealer World

FEBRUARY 11, 2025

With features like identity verification, e-signatures, and PrivateAuto Pays secure banking integration, sellers can confidently complete transactions without the hassle of traditional private-party sales. Recurrent provides data-driven insights into EV battery health and resale value, helping EV buyers and sellers make informed decisions.

Banking 75

Banking Buyer Sales Marketing 75

Drive.com

SEPTEMBER 17, 2024

But what if you don’t want to break the bank? The facelifted third-generation model (ZL/ZK 2016 to 2021) is the best option for buyers on a budget as it often features fewer kilometres, has more standard equipment than the base model, and is able to seat seven passengers. litre or a 2.4-litre,

Banking 73

Banking Electronics Marketing Technology 73

Shawn Ryder

JANUARY 21, 2025

One common question that arises among buyers is, “Why didn’t the dealership use my Chase Bank pre-approval?” Understanding Pre-Approval Before diving into the reasons your pre-approval from Chase Bank might not have been used, lets first clarify what a pre-approval is. What To Do Next?

Banking 52

Banking Finance Dealerships Dealer Incentives 52

CarExpert

JULY 29, 2024

In this article, we’ll explore the four safest and most secure methods for accepting payment for a vehicle from a buyer – and a few tips on what not to do. Once you’ve struck a deal with a buyer, put the agreement in writing. This takes some trust on the buyer’s part, and they might prefer something else like a bank cheque (below).

Banking 93

Banking Buyer Repairing Deal 93

Dealer World

DECEMBER 19, 2024

The Mid-Atlantic boasts one of the countrys strongest economies and is highly sought after by today's buyers, as we have learned across the 54 franchises successfully sold by Kerrigan Advisors in this region, said Erin Kerrigan, Founder & Managing Director of Kerrigan Advisors.

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Sales Retail Banking Dealerships 88

Motor Trader

JULY 8, 2024

UK Finance*, the trade body for the banking and financial services sector, shows 49.8% This story continues at Dealers could help buyers save over £100m in charges, says Bumper Or just read more coverage at Motor Trader of credit card balances incurred interest in March, based on 346.3 million transactions worth £19.9bn.

Buyer 65

Buyer Spread APR Banking 65

Best Selling Cars Blog

APRIL 10, 2024

According to an analyst from Bitcoincasino.us , a leading Bitcoin analysis firm, the universal nature of Bitcoin eliminates the rigmarole that is often associated with traditional banking systems, “With Bitcoin, transactions are borderless and processed rapidly.

Banking 130

Banking Insurance Dealerships Finance 130

Dealer World

DECEMBER 16, 2024

Dealership buyers continue to gravitate toward high-volume auto retail markets, like New Orleans, and top-ranked franchises, such as Hyundai, said Erin Kerrigan, Founder & Managing Director of Kerrigan Advisors. Also, Hyundai ranks as the fourth best-selling brand in New Orleans, with market share that exceeds the national level by 24%.

Automotive 88

Automotive Retail Sales Dealerships 88

Car Examer

AUGUST 17, 2024

This complete caravan buyers’ guide will walk you through everything you need to consider before making your purchase, from understanding different types of caravans to finalizing the deal. Make sure to: Secure Payment: Use a secure payment method, such as a bank transfer or escrow service, especially if buying from a private seller.

Buyer 59

Buyer Insurance Deal Banking 59

Car Examer

DECEMBER 3, 2024

This lack of transparency could result in customers paying more than they should, as dealers weren’t necessarily recommending the best deal for the buyer—they were recommending the one that paid them the most. For years, many car buyers were unknowingly paying more because they didn’t have the full picture of how finance deals were arranged.

Finance 59

Finance Customer Deal Banking 59

CarExpert

JULY 19, 2024

It might be a phishing attempt to get your personal information, install malware on your computer or worse, get access to your online banking log-in details. Further to that, never transfer money to a buyer under any circumstances, unless it’s simply returning their deposit. Deal directly with potential buyers only.

Shipping and Transportation 104

Shipping and Transportation Banking Insurance Buyer 104

Drive.com

MARCH 4, 2025

While the Reserve Bank of Australia cut interest rates for the first time since 2020 last month, they remain at their highest levels since 2012 so the slump in demand for new cars is far from out of the woods. Deliveries to private buyers were down 12.2 per cent last month and businesses were down 3.9

Sales 91

Sales Banking Automotive Customer 91

Autocar

MAY 20, 2024

Others were to design a hot hatch for weekdays and not just weekends and persuade buyers to accept one designed for world markets rather than just for Europe. It’s also more economical than the 2.5, in Autocar’s hands returning 40mpg on a touring run.Indeed, low running costs were one of Ford’s goals with the Mk3 ST. a facelifted 2.0T

Banking 140

Banking Insurance Buyer Marketing 140

Shawn Ryder

JANUARY 19, 2025

As dealerships aim to clear their lots of older inventory, they often offer substantial markdowns, trade-in incentives, and financing deals to attract buyers. Researching Market Values Before heading out to purchase a vehicle, potential buyers should conduct thorough research on the market value of the cars theyre interested in.

Deal 52

Deal Sales Quota Finance 52

Dealer World

FEBRUARY 24, 2025

We are delighted to announce the successful completion of this transaction for Ascent Automotive, having identified the ideal buyer in Jim Shorkey Auto Group that is well-positioned to uphold the strong legacy that The Friedkin Group has built for Toyota of Greensburg, said Ryan Kerrigan, Managing Director at Kerrigan Advisors.

Automotive 75

Automotive Retail Sales Banking 75

Autocar

MAY 16, 2024

Car makers can also pool, ‘bank’ and ‘borrow’ their emissions – which is where it starts to get complicated. Whether it’s a connected entity or on its own, a manufacturer can then ‘bank and borrow’. All flexibilities, banking and borrowing will end at that point too. What does it mean for car buyers?

Banking 124

Banking Manufacturing Mileage Limit Finance 124

Carscoops

MAY 12, 2024

He’s there to aid the potential buyer in negotiating for the right price on a used Hellcat. In total, that means he’d be paying $66,470 to use his own bank. The potential buyers rightly walked out. The pair, along with a cameraman, take a look at the car early on before going into the dealership.

Banking 124

Banking Dealerships Finance Customer 124