Carscoops

JANUARY 11, 2025

With the cost of financing skyrocketing, analysts are advising potential buyers to consider alternatives, such as used cars or new EV leases, to keep their budgets in check. New Car Finance Data (Averages) Metric 2024 Q4 2023 Q4 2024 Q3 Loan Term 68.8

Down Payment 105

Down Payment Buyer APR Finance 105

Canadian Auto Dealer

JULY 25, 2024

Pressure from inflation and interest rates continue to impact consumers and dealers through increasing vehicle and financing costs, along with higher fixed and compensation costs, respectively. On average, banks are lending 50% of goodwill values on most dealership buy-sell deals, requiring more cash upfront for transactions.

Banking 52

Banking Spread Financing Costs Finance 52

MforceLA

JULY 23, 2023

It is easy to be influenced by buzzwords, sales techniques, and high-pressure settings at dealerships and pay a high price for a vehicle. Dealerships have some room for margin, so you should never pay the asking price. 8 Tips for Finding the Best Deal at a Used Car Dealership with Negotiation 1.

Deal 52

Deal Dealerships Finance Financing Costs 52

Shawn Ryder

JANUARY 27, 2025

Many potential buyers find themselves wondering if they can still secure the vehicle they want even when they’re not at the financial threshold they initially set. Fortunately, there are several strategies to consider that can help bridge that gap without compromising your financing options or peace of mind.

Down Payment 52

Down Payment Banking Finance Financing Costs 52

Shawn Ryder

JANUARY 20, 2025

This question is not just about numbers; it dives into personal finance, lifestyle choices, and future freedom with vehicle ownership. By dissecting both options, we can uncover the benefits and drawbacks of each to help steer potential buyers in the right direction.

Finance 52

Finance Buyout Price Down Payment Lessee 52

Canadian Auto Dealer

JULY 29, 2024

Despite recent rate cuts, interest rates for automotive remain elevated, posing substantial challenges for consumers and dealership F&I offices alike. 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.

Finance 52

Finance Financing Costs Deal Management 52

Canadian Auto Dealer

MAY 10, 2024

There is a lot of talk in Europe about brands moving from dealerships to agency,” said Tongue. Tongue said mass market buyers are a lot more skeptical and need a lot more persuading. In terms of the impact of EVs on dealership profits, he said the main thing will be the overhead absorption and profitability. In the U.K.

Retail 98

Retail Banking Finance Manufacturing 98