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The different types of EOFY deals carmakers offer

CarExpert

June is typically one of the busiest months in Australia for new car sales, thanks largely to end-of-financial-year (EOFY) deals intended to sweeten the buying process and get stock out the door. Why bother with EOFY deals? For a manufacturer, EOFY deals are intended to make its products appear more valuable.

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2022 BMW X3: Finance or lease?

Shawn Ryder

In this blog post, we will explore both financing and leasing options for the 2022 BMW X3, helping you determine which choice aligns best with your lifestyle and budget. This analysis will also include insights on [financing rates]([link] and the overall financial implications of both options.

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Using a credit union and negotiating with the car dealer?

Shawn Ryder

Credit unions often provide competitive financing rates that can enhance your negotiation power at the dealership. We will explore the benefits, key strategies, and provide invaluable tips to ensure you get the best deal possible. It can streamline your dealings with dealerships and instill confidence in the negotiation process.

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Did I make a mistake by filling out a credit application when buying a car with cash?

Shawn Ryder

Gauge Dealership Policies Dealerships may have specific policies and practices surrounding credit applications: Negotiation Leverage: Some dealerships might use the credit application as leverage when negotiating your deal, potentially aligning unexpected fees or pressures.

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Fasten your seatbelts

Canadian Auto Dealer

A major factor for the increases in 2024 was the Bank of Canada dropping interest rates by a combined 1.75percent, along with more inventory supplied to dealers by manufacturers. Buyers are still waiting them out and getting the deals they want to purchase the vehicle. Ross said it could stretch into 2027 before it improves.

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