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Millennials most likely to spread car repair costs with BNPL

Motor Trader

These owners choosing to spread their costs rather than pay upfront or use credit cards. James Jackson, CEO and co-founder of Bumper, said: “When it comes to settling workshop bills, budget conscious millennials have identified the benefits of spreading their outgoings with BNPL, rather than racking up credit card debt. “Car

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Dealers could help buyers save over £100m in charges, says Bumper

Motor Trader

This story continues at Dealers could help buyers save over £100m in charges, says Bumper Or just read more coverage at Motor Trader

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Fed’s First Rate Cut Since 2020 May Lower Car Loan Costs, But Don’t Expect Miracles

Carscoops

This will lower the cost of borrowing, which will save car buyers money. Car buyers are about to get some much-needed relief as the Federal Reserve has announced plans to cut rates by 50 basis points. The Federal Reserve has cut the federal funds rate for the first time in more than four years. Federal Reserve Bank of St.

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Inflation, interest rates continue to impact consumers, dealers

Canadian Auto Dealer

This is limiting the current buyer pool on every opportunity, leading to lower transaction prices,” said DSMA in its report. It also said that high borrowing costs have pushed the purchasing power of would-be dealership buyers down. However, buyers are still willing to pay for the right opportunity,” they said.

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Women Automotive Network prepares for bumper 2024 event calendar

Women Automotive Network

This sought-after event is being held to help spread the message, make a difference and empower women in the automotive industry in the US. The agenda for this must-attend event will be going live this month, with the first speakers being announced soon.

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9 Smart Tips for Financing Your Next Car Purchase In Australia

Car Examer

For most car buyers, the cost of purchasing a vehicle can take up a significant portion of their budget. Fortunately for new car owners, most car dealers provide flexible payment terms to help you spread out your payments over time and make the repayment cost more reasonable. For used cars, there’s also the used car loan.

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Borrowing from the Best: Applying Cross-Industry Insights to Elevate Car Sales

AutoSuccessOnline

Similarly, in real estate, buyers have access to comprehensive data, including market trends and detailed property inspections. This approach can be particularly frustrating for customers who are shopping around and comparing options across multiple dealerships, sometimes spread across significant distances.

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