Carscoops

JANUARY 5, 2025

Nearly 90% of buyers allegedly paid $2,000 more than advertised between 2020 and 2023. Once in the building, the dealer network would then reportedly add on junk fees, tell the customer that they had to finance the car in-house, or that they didn’t qualify for the advertised price.

Buyer 116

Buyer Rebate Networking Insurance 116

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. in Q4 2023, a small consolation for those financing record-high amounts. New Car Finance Data (Averages) Metric 2024 Q4 2023 Q4 2024 Q3 Loan Term 68.8

Down Payment 106

Down Payment Buyer APR Finance 106

Best Selling Cars Blog

OCTOBER 1, 2024

Dreaming of that new car smell but worried about financing as a first-time buyer? Let’s break down how you can qualify for vehicle finance and make that dream a reality. What Is Vehicle Finance? Simply put, vehicle finance is a loan specifically for buying a car. Don’t sweat it! But hold up.

Finance 130

Finance Buyer Prepayment Penalties Down Payment 130

Auto Alert

MARCH 13, 2025

What Every First-Time Car Buyer Wishes Their Dealer Knew A first time car buyer has unique needs. Many first-time buyers enter the dealership with enthusiasm but often leave feeling uncertain or pressured. Discover what they wish dealers understood to create a smoother, more transparent, and stress-free experience.

Buyer 59

Buyer Finance Dealerships Term 59

Motor Trader

JUNE 17, 2024

Over three-quarters of car buyers (76%) will consider dealer finance even though only half are comfortable with the process, according to MOTORS The research polled the views of over 2,000 in-market car buyers. 15% are uncomfortable, with the highest levels of discomfort experienced by used car buyers, women and 18-24 year-olds.

Finance 105

Finance Buyer Women Marketing 105

Car Examer

DECEMBER 3, 2024

Let’s break down what happened and how it might affect car finance customers. If you’ve ever financed a car through a dealership, there’s a chance you may have unknowingly paid more than you should have. But that’s about to change, thanks to a recent court ruling that’s shaking up the car finance industry in the UK.

Finance 59

Finance Customer Deal Banking 59

Car Examer

FEBRUARY 15, 2025

The Financial Conduct Authority (FCA) car Finance commission have to be made it crystal clear that firms must be upfront with customers about commission paymentsand a recent Court of Appeal judgment has reinforced this. If youre a motor finance firm, nows the time to take commission disclosure seriously. Book inspection Whats Changing?

Finance 59

Finance Deal Customer Buyer 59

Car Examer

FEBRUARY 28, 2025

Many buyers miss crucial inspection points , only to discover expensive problems later. Pro Tip: Run an Car History Check to uncover accidents, mileage fraud, or outstanding finance. To help you avoid costly surprises , here are Top 10 pre purchase car checks commonly overlooked that can save you from a bad deal. Buying a used car?

Buyer 59

Buyer Repairing Electronics Bump 59

Motor Trader

APRIL 9, 2024

October 2013 Dealers have turned in a strong performance in a consumer motor finance satisfaction survey carried out by technology firm iVendi. The survey found most consumers believed they had been treated fairly by the retailer in their online vehicle finance interaction.

Finance 105

Finance Retail Buyer Technology 105

Motor Trader

FEBRUARY 12, 2025

However, despite the intense regulatory focus on how dealers conduct finance sales, the explanation of available finance packages was rated by buyers as the least important consideration of the eight. Other key deciders included the mechanical standard of vehicles and cleanliness of vehicles. day improvement on stock turn.

Customer 108

Customer Sales Finance Management 108

Carscoops

OCTOBER 5, 2024

One in six car buyers are taking on car loans with monthly payments in excess of $1,000. The average price of a new car in America stands at $48,000 this year, but what matters to buyers isn’t the MSRP or transaction price of their new vehicle, it’s the amount of cash that leaves their bank every month to pay for it.

Buyer 112

Buyer Down Payment APR Finance 112

Best Selling Cars Blog

JANUARY 14, 2024

When it comes to parting ways with your financed car , the decision between trading it in or selling it privately can be a daunting one. Cons : It can take time and effort to find the right buyer willing to pay your asking price. Cons : Setting the right price requires research, and overpricing might discourage potential buyers.

Finance 130

Finance Asking Price Dealerships Term 130

CarExpert

APRIL 20, 2024

There are two main options when it comes to paying for a new car: you can either pay the full sum upfront, drawing on existing savings, or you can opt for a finance package that involves taking out a loan and making periodic payments over a set term. “There are many different ways that someone can structure a finance loan.

Finance 97

Finance Balloon Payment Banking Deal 97

Motor Trader

AUGUST 1, 2024

Motor finance companies need to find new ways of adding value and informing customer choice, says iVendi. Aside from offering the cheapest finance deal, motor finance companies need to find another way to differentiate themselves. The proportion of buyers who don’t go with the cheapest deal tends to be low.”

Finance 103

Finance Insurance Banking Deal 103

Carscoops

NOVEMBER 25, 2024

The Wagoneer S Launch Edition costs $71,995 and offers 0% APR for qualified buyers. Hot on the heels of the 2024 Wagoneer S making its debut at the Los Angeles Auto Show last week, Jeep has announced some attractive financing and leasing offers for their new electric SUV. Lease It or Love It?

APR 106

APR Lessee Spread Finance 106

Motor Trader

FEBRUARY 26, 2024

Making sense of pricing was also a concern for 25% and understanding and arranging finance for. This story continues at Price haggling is biggest ‘pain point’ for car buyers Or just read more coverage at Motor Trader Price negotiations topped the list with 43% saying they found the process difficult.

Buyer 114

Buyer Finance Customer Marketing 114

CarExpert

JULY 23, 2024

Using finance to buy a car is very common in Australia, and it’s just as common to need to sell a car that still has money owing on it. Your lender might ask for the buyer to pay them directly, or it might be happy for your to sell the car so long as you immediately pay off the remaining loan balance using that money.

Finance 96

Finance Banking Buyer Term 96

Auto Express

JANUARY 30, 2025

UK Government is in talks with finance industry over guarantees aimed at reducing interest rates

Financing Costs 88

Financing Costs Finance Buyer 88

Motor Trader

AUGUST 27, 2024

Price remains the most important consideration for buyers when it comes to purchasing a vehicle, according to motor dealers. The latest Forecourt Foresight research from Close Brothers Motor Finance reveals that motor dealers see price as one of the top three considerations for over three quarters (77%) of their customers.

Women 105

Women Buyer Insurance Finance 105

Carscoops

DECEMBER 7, 2024

For buyers? Related: Dodge Charger Daytona EV Shows Its New Colors As It Gets 0% Financing Deal The investigation revealed the base Charger Daytona has a before-options MSRP of $57,995, but an invoice price of $55,096, meaning the dealer will pocket $2,899 from a straight cash sale. For dealerships, it’s a windfall.

MSRP 106

MSRP Banking APR Retail 106

Carscoops

SEPTEMBER 29, 2024

A new study has highlighted the gulf between what new cars cost and what buyers expect to pay for them. Edmunds found that 48 percent of buyers wanted to spend less than $35k, but the average new car costs $48k. But Edmunds data showed almost no transactions during July of this year where buyers took a new car home for less than $20k.

Buyer 116

Buyer APR MSRP Finance 116

AutoSuccessOnline

NOVEMBER 26, 2024

Studies reveal that 80% of consumers avoid answering calls from unknown numbers, and this reluctance is especially strong in the automotive industry, where potential buyers fear high-pressure tactics. Customers often associate unsolicited calls with unwanted sales pitches or scams. This approach sets a positive tone for the interaction.

Customer 95

Customer Finance Dealerships Sales 95

Motor Trader

MARCH 3, 2025

. “We know there is a huge buyer appetite for quality stock from fleet vendors, and the cars from such a respected brand like Toyota and Lexus will be very well received by our buyer base. ” The vehicles will be part of the Fleet & Finance sale events which will feature a range of vehicle types.

Finance 98

Finance Buyer Sales Customer 98

Auto Express

DECEMBER 17, 2024

It might not be the most common kind of car finance but a Conditional Sale (CS) deal can suit some buyers very well

Finance 81

Finance Sales Deal Buyer 81

Carscoops

JANUARY 9, 2025

New financing deals could help buyers save over $12,000 on a higher-spec ID.4. Buyers can lease the ID.4 APR / 72-month financing deal on the ID.4 This leasing deal is available throughout the US and valid until March 3. The latest deal comes from VW and it’s for the outgoing 2024 ID.4. All 2024 ID.4

APR 98

APR Gap Insurance Banking Finance 98

Carscoops

MARCH 5, 2024

Ram says that its target audience is small businesses, work truck fleets, and demanding buyers of commercial vehicles. These have access to financing options and a dedicated BusinessLink dealer network offering maintenance packages and fleet contracts.

Buyer 111

Buyer Networking Finance Technology 111

Carscoops

AUGUST 8, 2024

As reported by our colleagues at CarExpert , the novated lease is a three-way agreement between the lease, their employer, and a finance or leasing company. Based on the popularity of trucks in the Australian market, Mitsubishi made a clever move by making the Triton comply with the novated leasing legislation to lure more buyers.

Buyer 111

Buyer Lease Payment Lessee Insurance 111

Drive.com

JUNE 5, 2024

Featuring special guests Scott Cam, and Drive’s James Ward, Business Drive shines a spotlight on a range of vehicles to suit varying business needs, delving into end of financial year benefits, customisation, ownership, towing, and finance options.

Buyer 95

Buyer Finance Deal Dealerships 95

Dealer World

OCTOBER 7, 2024

Fulfilling credit union projections recorded in CULA’s last survey in January, where 40% of respondents said they expected to see growth in their auto finance portfolio in 2024, 42% of credit union respondents reported year-over-year loan volume increases.

Finance 89

Finance Term Marketing Development 89

Autocar

JULY 5, 2024

All of those people headed to meetings, site visits and conferences might think twice about using it, because what might the finance department think of a middle-ranking account manager presuming to use a ‘luxury’ facility? Imagine if it had been called ‘luxury parking’.

Buyer 121

Buyer Manufacturing Finance Customer 121

Carscoops

JANUARY 2, 2025

Financing could be a great option for some, as the electric Nissan SUV is offered with a 2.19% APR for 36 months or 3.19% for 60 months, the same rates as the outdated Nissan Leaf. However, an ever bigger deal might be on the horizon for potential Ariya buyers, as Nissan might announce a $7,500 cash incentive when leased, Cars Direct notes.

APR 106

APR Finance Deal Buyer 106

Carscoops

OCTOBER 31, 2024

On October 29, the firm revealed that it had obtained approval for “financing to fund operations,” and that it continues efforts to restructure through Chapter 11. Anstead hasn’t responded directly to the lawsuits, but on October 24, said he remains “fully committed” to the company.

Buyer 125

Buyer Finance Customer Development 125

Drive.com

NOVEMBER 1, 2024

Will a finance offer help get it over the line? per cent finance rate offer on the Nissan Patrol has been extended, as the V8-powered off-road SUV prepares to set a sales record in the twilight of its life. per cent finance rate over a 36-month term for new-car buyers. With a 298kW/560Nm 5.6-litre

Finance 75

Finance Deal Finance Rate Sales 75

Shawn Ryder

JANUARY 18, 2025

In the world of automotive financing, the term “cosigning” has become increasingly relevant, especially when it comes to purchasing a vehicle. Many individuals may wonder if it is possible to cosign after the delivery of a vehicle, which can impact both the buyers and the dealership’s processes. What is Cosigning?

Finance 52

Finance Modification Term Buyer 52

Carscoops

MARCH 6, 2025

More: Facebook Marketplace Scam Leaves Ram Buyer With Stolen Truck Surrounded By Cops And Out $28,000 Instead, Mente heard from the U.S. Mente, eager to secure the supercar, agreed to pay $5.4 million and waited patiently for the production and delivery of his prized vehicle. But, as it turns out, neither of those things were ever coming.

Sales 106

Sales Banking Deal Finance 106

Motor Trader

JANUARY 28, 2025

New research from Close Brothers Motor Finance looked at the 55% of motorists planning to buy a car in the next 12 months and found The research, which looked at what car buyers check when purchasing a second-hand car, found that one in five (22%) dont check the mileage, and a similar number do not check the MOT history of the vehicle (29%).

Buyer 78

Buyer Finance Term Management 78

Jalopnik

FEBRUARY 7, 2025

If youre in the market for a new Toyota 4Runner I have some bad news for you: Prepare your finances because youre about to get taken for a ride. Not only do 4Runner buyers have to deal with greedy dealership markups , theyre also facing high interest rates if they decide to finance their new SUV. Read more.

Finance 56

Finance Deal Dealerships Buyer 56