Remove Buyer Remove Down Payment Remove Retail
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Prejudging No-Credit Buyers is Costing You Deals

AutoSuccessOnline

You realize the potential buyer has no credit history, so you conclude that they have no chance of being able to finance the car. By embracing new lending models, you can turn seemingly unqualified buyers into loyal customers. The post Prejudging No-Credit Buyers is Costing You Deals appeared first on AutoSuccessOnline.

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Upstart Unveils Enhanced Showroom, Financing Solutions

AutoSuccessOnline

Upstart announced the largest and most significant set of product enhancements to the in-store and financing solutions on its Auto Retail platform. Sales managers can adjust all deal details including multiple down payment options and finance, lease and cash options in one view with just a few clicks. The result?

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What is a down payment and how does it affect your finances?

Shawn Ryder

Understanding Down Payments: A Guide for Everyone If you’ve ever heard adults talking about buying a car or a house, you might have come across the term “down payment.” ” But what exactly is a down payment? In this article, we will break it down for you in simple terms.

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Working Together: How Auto Industry Players Are Fighting Back Against Digital Fraud

Dealer World

The scam works like this: Fraudsters connect with buyers looking for deals on vehicles. They promise below-market prices but require a hefty 50% down payment. The message is clear: survival in today's auto retail environment means working together. The worst part? Not with these sophisticated fraud rings out there."

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Tesla deals could push EV sales to record levels in September

Autocar

With the down payment, it works out at £424 a month, less than the price of Hyundai’s lease deal on a Kona small electric SUV with the 65kWh battery. To take advantage of the offer, Tesla buyers must take delivery before of the end of the month, which also marks the end of the financial quarter for the company.

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Improve Your Dealership’s Digital DNA

DealerTrack Insights

GO DIGITAL TO SAVE TIME AND MONEY Digital retailing and online credit applications let your customers build and customize their dream ride and their deal terms, and apply for financing from your website, while digital menu technology helps buyers select aftermarket and F&I options with ease.

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The $740 Challenge: How Savvy Dealerships Are Turning the Tables

Full Path

As we moved into July, there were signs of recovery in the retail vehicle market. Interest Rates and Their Impact: Automotive Market & Leasing Trends 2024 Borrowing costs are deterring many potential buyers, and the previously red-hot job market is beginning to cool. Yet, beneath these positive indicators lies a deeper issue.