Canadian Auto Dealer

JULY 29, 2024

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. Elevated financing costs directly affect car sales, necessitating a crucial role for F&I managers. References Chat News Today. 2024, June 5).

Finance 52

Finance Management Financing Costs Dealerships 52

Autocar

MARCH 3, 2024

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?”

Financing Costs 123

Financing Costs Finance Customer Marketing 123

Jato

MARCH 21, 2024

Established OEMs are likely to focus on offering substantial incentives on base model BEVs rather than significantly slashing list prices across all model versions and trims to prevent long-term impacts on residual values.

Finance 111

Finance Retail Manufacturing Financing Costs 111

Canadian Auto Dealer

MAY 10, 2024

In terms of the market, he said vehicles are selling but economic weakness is undermining the affordability of personal mobility and the ability of governments to support the transition to EVs. Tongue said mass market buyers are a lot more skeptical and need a lot more persuading. Embrack said some buyers arrive with a fake identity.

Retail 98

Retail Finance Banking Dealerships 98

Jato

MARCH 21, 2024

Established OEMs are likely to focus on offering substantial incentives on base model BEVs rather than significantly slashing list prices across all model versions and trims to prevent long-term impacts on residual values.

Finance 52

Finance Retail Manufacturing Financing Costs 52

MforceLA

JULY 23, 2023

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.

Dealerships 52

Dealerships Deal Finance Financing Costs 52