Remove Buyer Remove Finance Remove Financing Costs
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Carwow to help dealers boost sales during September plate-change

Motor Trader

Philipp Sayler von Amende, CCO at Carwow, said: “This campaign builds on the success of Carwow’s previous seasonal campaigns, which typically deliver a 27% increase in sales for participating retailers by helping them engage with millions of potential buyers.

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Inflation, interest rates continue to impact consumers, dealers

Canadian Auto Dealer

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. This is limiting the current buyer pool on every opportunity, leading to lower transaction prices,” said DSMA in its report.

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

Jato

With electric vehicle uptake continuing to be a hot topic for the automotive industry, we take a look at the latest Monthly Payment finance data to give our predictions on the trends we could see in 2024. Prediction #1: Big 5 European markets – Will high-costs for BEVs remain or decline in 2024 ?

Finance 111
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Why Tesla sales have tanked and why the price will keep dropping

CarExpert

That’s the case at the moment for hundreds and hundreds of Model 3 and Model Y vehicles that continue to arrive by boat, but don’t have any buyers attached to them. A recent 7 News story detailed the deluge of Teslas sitting dormant at the docks in Melbourne with no buyers in sight.

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

Jato

With electric vehicle uptake continuing to be a hot topic for the automotive industry, we take a look at the latest Monthly Payment finance data to give our predictions on the trends we could see in 2024. Prediction #1: Big 5 European markets – Will high-costs for BEVs remain or decline in 2024 ?

Finance 52
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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. With such strong new car offers on EVs, where is the incentive for the used buyer?”

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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.