Banking Deal Pre-Qualify 
Canadian Auto Dealer
MARCH 10, 2025
We talked to the banking leaders for automotive from five banks who do regular business with dealers and their customers to get their perspectives. Grant Simons, VP & Head, RBC Automotive Finance RBCs Grant Simons said the bank is feeling optimistic about 2025. In 2025, the Bank of Canada should continue their rate cuts.
Carscoops
FEBRUARY 11, 2024
You only need to look at pre-owned prices for the Audi e-tron SUV (since renamed Q8 e-tron) and Jaguar I-Pace for proof. Even the basic, single-motor 2024 Tesla Model Y can beat that range, and it also costs as little as $32,890 if you qualify for the full $7,500 tax credit deduction. That’s not great by modern standards.
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3 Brothers Autosale
DECEMBER 20, 2023
Obtain pre-approval from a financial institution to set a budget and streamline the car-buying process. Compare financing offers from multiple lenders, including banks, credit unions, and online lenders, to secure the best terms. If your credit score has improved since the initial loan, you may qualify for a lower interest rate.
Shawn Ryder
JANUARY 19, 2025
Consumers often want to ensure they are getting the best possible deal, but with a plethora of rates offered by various lenders, figuring out where to start can be overwhelming. Type of Vehicle New cars usually qualify for better rates than used cars. Aim for at least 20% of the vehicles price if possible.
Shawn Ryder
JANUARY 18, 2025
This collaboration can lead to promotional financing offers, such as 0% interest deals for qualified buyers. Third-Party Lenders: Often, manufacturers will partner with banks and credit unions to provide loan options, utilizing their established procedures for determining interest rates.
Shawn Ryder
JANUARY 26, 2025
Consider a Car Loan through a Credit Union Credit unions often have more lenient approval processes compared to traditional banks. Pre-Qualify for an Auto Loan Many lenders offer pre-qualification processes that allow you to see potential loan offers without a hard inquiry on your credit report.
Terry Lancaster
AUGUST 1, 2023
The sales and service teams need to be comfortable dealing with multiple generations of people. talk about how to close more car deals with special guest Chris Martinez, former Platform Director at Read More Close More Car Sales Listen in on another How To Sell More Cars podcast conversation.We How to make deals turn faster.
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