CarExpert

JUNE 18, 2024

At the end of your lease period, you have the option of paying a balloon payment on the vehicle (that is the cost of the vehicle depreciated in alignment with the government schedule), refinancing the vehicle to continue paying a monthly rate or, in some circumstances, just handing the car back. This offer also won’t be around forever.

Balloon Payment 111

Balloon Payment Termination Fee Early Termination Fees Sales 111

Canadian Auto Dealer

MAY 10, 2024

Reuss said the honeymoon period after the pandemic, where dealers were achieving record profits, is now behind us and now we are back to the way the industry used to function pre-pandemic: rising OEM incentives, excess inventory, and higher financing costs for dealers carrying inventory.

Retail 98

Retail Finance Banking Dealerships 98

Canadian Auto Dealer

MARCH 1, 2024

According to the World Bank, macroeconomics focuses on the performance of economies — changes in economic output, inflation, interest and foreign exchange rates, and the balance of payments. In recent weeks, the Bank of Canada, and the U.S. All is not rosy, however. Consumers are facing stiff headwinds on many fronts.

Banking 52

Banking Dealerships Finance Financing Costs 52