Drive.com

JULY 28, 2024

“The danger is that you get some brands that force this onto the dealer and then, if the market turns on them, they get stuck with cars and they have to finance them. That would leave dealers paying significant floorplan interest costs. Whether it’s deliberate or not, everybody’s got to hit targets,” he told us.

Floorplan 76

Floorplan Manufacturing Networking Finance 76

Full Path

JULY 30, 2024

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. Leasing helps consumers manage their finances better and offers a viable solution for dealerships struggling with high inventory levels.

Floorplan 52

Floorplan Down Payment Insurance Dealerships 52

Canadian Auto Dealer

NOVEMBER 4, 2024

The fact we’ve accommodated (new EV buyers) on that front is great. It is also involved in selling auto financing. “We Alberta-based GoAuto is another major group in the retail automotive space that has a wide range of businesses, including insurance, in-house financing and the RV sector. Wizard Lake Marine was profitable.

Dealerships 52

Dealerships Floorplan Retail Finance 52

Dealer World

MARCH 17, 2025

Given this backdrop, buyers are factoring this growth potential into their dealership acquisitions, driving stronger motivation and greater conviction in blue sky valuations, continued Kerrigan. As we look ahead to 2025, strong buyer demand and an improving earnings environment suggest the buy/sell market will remain highly active.

Retail 75

Retail Dealerships Marketing Floorplan 75