Remove Buyer Remove Customer Remove Financing Costs
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Everything’s tightening up

Canadian Auto Dealer

Many Canadians, with 51 per cent just $200 away from monthly financial shortfall, find it increasingly difficult to manage car payments amidst a high cost of living. Elevated financing costs directly affect car sales, necessitating a crucial role for F&I managers.

Finance 52
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Electric Vehicle Trends 2024: Boom or Bust Future for EVs 2024

Jato

The current BEV market in major European markets is dominated by larger conventional and SUV models; typically priced above €40K, and beyond the reach of the average private customer. However, this has not been enough to encourage private customer orders of BEVs, which have slumped by 50% year-on-year in January 2024.

Finance 111
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Companies seek cure for profit-wrecking EV values

Autocar

Stable used car values have become critical to new car sales in that they determine finance costs, so the continued weakness in EV prices is also hurting car companies as they look to increase the percentage of zero-emission cars they sell. Or they shore up those values by holding firm on pricing, losing them customers. “We

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Packed house for biggest CADEX event ever

Canadian Auto Dealer

The event was emceed by Niel Hiscox, publisher of Canadian auto dealer , who also moderated panel discussions, fielded questions from attendees, and delivered a presentation on customer experience by the Clarify Group — an automotive consulting practice where he is president. They also see it as a means of cutting system distribution costs.

Retail 98
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Boom or bust: what’s the future for EVs in 2024?

Jato

The current BEV market in major European markets is dominated by larger conventional and SUV models; typically priced above €40K, and beyond the reach of the average private customer. However, this has not been enough to encourage private customer orders of BEVs, which have slumped by 50% year-on-year in January 2024.

Finance 52
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Find the Best Deal at a Used Car Dealership by Negotiation

MforceLA

This figure affects the interest rate you will receive on your auto loan and influences your financing cost. If a dealership provides you with far better financing than your credit score warrants, you can recognize this as a warning sign. Know Your Credit Score Be conscious of your credit score before entering the dealership.