Your Car Buying Advocate

DECEMBER 5, 2023

When you start leasing a vehicle, you must make a down payment. However, this down payment is significantly lower compared to buying a car outright. Lease terms may vary, encompassing mileage limit, specific vehicle models, geographical locations, employment history, and credit scores.

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DealerTrack Insights

SEPTEMBER 11, 2023

This might be a familiar scene in your dealership: your customers have just test-driven their dream car, checked all the cool features, and are living on cloud 9. All this saves time upfront since customers can fill out fields, sign once, and then simply tap after that, and later on because it reduces the risk of errors.

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3 Brothers Autosale

OCTOBER 4, 2023

You will have more buying power and more options if you choose a used commercial van; it’s also true that your long-term costs are also kept at a bare minimum. And if you’re on the lookout for a used van customized to your needs, you might be able to run into one – if you know where to look.

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Autocar

SEPTEMBER 18, 2024

With the down payment, it works out at £424 a month, less than the price of Hyundai’s lease deal on a Kona small electric SUV with the 65kWh battery. Tesla ships in stock and typically buyers pick up the cars from whichever dealer holds the car closest to the spec the customer requires.

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Jazel Auto

JANUARY 18, 2023

Share on facebook Share on google Share on twitter Share on linkedin Jazel’s Dealer Online Order Request (DOOR) tool has many features that make customizing and requesting an order for the vehicle your customers want easy and transparent. Now, with the built-in payment calculator, the DOOR tool can give customers added peace of mind.

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Carcloud Auto Group

DECEMBER 27, 2023

In a BHPH arrangement, customers can purchase a car and make payments directly to the dealership, rather than a third-party lender. In a BHPH arrangement, the dealership typically has more control over the loan and repayment process, including setting the terms and interest rates.

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Shawn Ryder

JANUARY 19, 2024

Introduction When you hear the word “equity,” you might think of it in terms of money or ownership. In simple terms, it is the value that you truly own in your car. If the equity is positive, it can be used as a down payment for a new car or to pay off debts. Understanding Vehicle Equity: How is it Calculated?

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Shawn Ryder

JANUARY 18, 2024

If you’re confused about the term “upside down” when it comes to car loans, don’t worry – you’re not alone! Being upside down on a car loan simply means that you owe more money on the loan than the car itself is worth. When you first buy a car, it starts to lose value almost immediately.

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Davey Auto Sales

MAY 25, 2023

Some things you can do to boost your credit score include: Keep all accounts current Don’t open too many new credit accounts Have credit report errors fixed Make A Larger Down Payment Many financial experts suggest putting down at least 10 percent for a down payment for a pre-owned vehicle.

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Market Doctors

FEBRUARY 14, 2024

Throughout this comprehensive guide, you’ll gain valuable insights into essential financial aspects, such as costs, term lengths, interest rates, and residual values, as well as how purchasing a vehicle outright differs from leasing one. Doing so ensures your luxury car reflects your personal tastes and preferences.

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MforceLA

JUNE 19, 2024

Most used car dealerships routinely update their inventory to ensure customers can access the newest selections. Easy Financing Professional auto dealers make it their mission to simplify and streamline the car-buying process for their customers. Outstanding customer service shows a dealership’s commitment to its clientele.

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MforceLA

JUNE 19, 2024

Most used car dealerships routinely update their inventory to ensure customers can access the newest selections. Easy Financing Professional auto dealers make it their mission to simplify and streamline the car-buying process for their customers. Financing solutions are available with terms and interest rates suitable for your budget.

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Full Path

JULY 30, 2024

Solutions for Dealerships Many dealers ask how they can help customers while maintaining profitability. One promising approach is to focus on reducing monthly payments, which are crucial for many consumers. Unlike traditional loans, leases typically offer lower down payments and monthly costs.

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Shawn Ryder

OCTOBER 8, 2024

A Comprehensive Guide to VDP Automotive: Maximizing Your Dealership’s Online Presence In the ever-evolving world of automotive sales, understanding terms like “VDP” (Vehicle Detail Page) is crucial for dealerships striving to optimize their online presence. Pricing Information Transparency in pricing boosts trust.

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AutoRaptor

APRIL 23, 2024

If you’re considering buying a car, you’ve probably come across the term “buy here pay here” dealerships. Understanding Buy Here Pay Here Dealerships Buy here pay here dealerships operate on the principle of offering in-house financing to customers who may have difficulty obtaining a loan from traditional lenders.

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Shawn Ryder

SEPTEMBER 28, 2024

Higher interest rates mean monthly payments will be larger, which can deter potential buyers from completing a purchase. Conversely, when interest rates decline, financing becomes more affordable, encouraging more customers to take advantage of lower monthly payments and potentially boosting overall sales at dealerships.

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Carcloud Auto Group

SEPTEMBER 12, 2024

Subprime Auto Loans When searching for an auto loan with no credit or bad credit, consider the following differences between guaranteed and subprime auto financing: Credit Checks : A key difference between these financing options is whether your loan is customized to your credit history or based solely on other factors.

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MforceLA

SEPTEMBER 12, 2023

Indeed, whether the car you seek is fresh off the assembly line or has a few miles under its belt, this is a substantial investment, and securing a deal that promises long-term satisfaction is paramount. Dealerships place a significant emphasis on customer satisfaction and building a positive reputation through word-of-mouth referrals.

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MforceLA

SEPTEMBER 11, 2023

Indeed, whether the car you seek is fresh off the assembly line or has a few miles under its belt, this is a substantial investment, and securing a deal that promises long-term satisfaction is paramount. Dealerships place a significant emphasis on customer satisfaction and building a positive reputation through word-of-mouth referrals.

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Selly Automotive

NOVEMBER 16, 2023

While there's an uptick in the subprime share and lengthening of average loan terms, suggesting improved consumer access to credit, the decrease in approval rates and the increase in down payment amounts introduce new hurdles. The subtleness of the current market cannot be overstated.

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